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Economy · Punch ·

Subsidy: No regrets, won’t return to Egypt — Tinubu

President Bola Tinubu stated he has no regrets about removing the fuel subsidy on his first day in office, as Nigeria was heading for bankruptcy with nothing left to pay for it. He likened returning to the subsidy to asking Moses to go back to Egypt, vowed Nigeria would never return to it, and highlighted positive economic trajectory while urging youth support for his 2027 reelection.

Pidgin: President Bola Tinubu talk say e no get any regret about di fuel subsidy wey e remove on im first day for office, because Nigeria dey head go bankruptcy with nothing left to pay am. E compare to return to subsidy like to tell Moses make e go back to Egypt, e swear say Nigeria no go ever return to am, and e highlight positive economic trajectory while e dey beg youth make dem support im 2027 reelection.

How this affects you: No direct impact stated in source.

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