President Bola Tinubu has addressed the recent increase in petrol prices in Nigeria, stating that the decision is part of a broader strategy to drive economic growth and development.
Speaking to Nigerians living in China on Friday, Tinubu acknowledged the challenges posed by the price hike but stressed the need for bold and unprecedented decisions to set the country on the path to prosperity.
He said in a statement through his spokesman, Ajuri Ngelale:
“The more you want everything free, it will become more expensive and long-delayed to achieve meaningful development.
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“We are taking hard decisions to pave the way for a country that is blessed and so talented.”
The president’s comments come amid widespread criticism of the petrol price hike, which has led to long queues at filling stations and increased hardship for many Nigerians.
However, Tinubu defended the decision, citing the need for economic reforms to drive growth and development.
He said:
“We are focused on replicating China’s infrastructure in Nigeria.
“One economic action leads to another, and it is in your hand to build our nation. Mine is to provide the leadership, and I am committed to doing just that.“
