President Bola Tinubu has called upon Nigerians to display perseverance in the face of hardships arising from the removal of fuel subsidy.
Prices of Premium Motor Spirit (PMS), or petrol, have tripled from below N200 per litre in less than two months since he took office on May 29, when he declared in his inaugural address that “fuel subsidy is gone”.
The economic travails resulting from the policy have since prompted protest calls by the Nigeria Labour Congress (NLC).
Speaking to youths of his party, the All Progressives Congress (APC), at the Council Chambers of the Presidential Villa, Abuja on Thursday, the President appealed for Nigerians’ understanding as the “economic reforms” take effect.
“I can assure you that I understand your pains and the pains of your uncles, brothers, your mums. I understand, I feel it. It is not easy to get out a monster of over 40 years that is called subsidy,” Tinubu said.
“For few leaders, elites, fleecing Nigeria, it’s not acceptable and will never be acceptable to us all. You’ve endured, you just need to persevere a little bit more. It’s not going to be easy to make the changes necessary, but what we are going through today is saving for greatness, tomorrow.”