Subsidy is gone, Tinubu declares in inaugural speech

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*Says hope is back for Nigeria

Nigeria’s new President, Bola Ahmed Tinubu has said that his government will not continue with the current fuel subsidy regime, declaring that “Fuel Subsidy is Gone!”

Tinubu said those seeking redress in court concerning his election are doing so within their constitutional rights and he wishes them well.

According to the new President, his government is going to concentrate on revamping the economy, and he would work on providing a unified exchange rate for the economy.

“Subsidy is gone! It can no longer be justified. We shall channel our efforts toward education, infrastructure, and other areas to ameliorate any suffering. We shall work towards a unified exchange rate and meaningful investment.

More details later…

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