By Ola ‘Kiya, Reporting
PRESIDENT Bola Ahmed Tinubu, on Monday, said he identified with the pain Nigerians are going through due to the fuel subsidy removal.
He, however, said that the temporal discomfort was necessary to save the country from going under.
Tinubu was addressing the nation on Monday first time on the occasion of June 12 Democracy Day.
He equally hailed the winner of the June 12, 1993 presidential election, Chief MKO Abiola, whom, he described, as a “symbol of democracy”.
“I feel your pain. This is one decision we must bear to save our country from going under and take our resources away from the stranglehold of a few unpatriotic elements,” Tinubu said in his maiden Democracy Day address to Nigerians as President.
Stonix News reports that Tinubu in his inaugural speech on May 29 had stated that subsidy could no longer justify its ever-increasing costs in the wake of drying resources, hence, announced its removal.
Following Tinubu’s announcement, the increase in petrol pump price skyrocketed from N195 to N537 nationwide, with palpable backlash on goods and services.
