President Bola Tinubu has officially declared the end to fuel subsidy.
According to Tinubu, fuel subsidy ended with the former President Muhammadu Buhari’s administration.
Daily Report Nigeria reports that new president made the declaration while giving his inaugural speech at Eagle Square on Monday.
President Tinubu also vowed to address concerns regarding multiple taxations in a bid to stimulating the economy and attracting investments.
The former Lagos governor said his administration will aim to achieve a minimum Gross Domestic Profit growth rate of 6%.
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“We must never allow the sacrifices of our predecessors to be in vain,” affirmed Tinubu. “Instead, let us nurture their legacy and strive to forge a brighter and more prosperous reality for our beloved nation.”
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