President Bola Tinubu says fuel subsidy is gone under his administration
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The president said this in his inaugural speech at Eagle Square, Abuja, on Monday.
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“Subsidy can no longer justify its ever-increasing costs in the wake of drying resources. We shall instead re-channel the funds into better investment in public infrastructure, education, health care and jobs that will materially improve the lives of millions,” he said.
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He said he would also review complaints on multiple taxation so as to boost the economy and attract investors.
He also said his administration is targeting a Gross Domestic Profit of not less than 6% growth.
Details later…
