In the wake of President Tinubu's speech on the removal of fuel subsidy, the price of petrol has skyrocketed across Nigeria. In Lagos, the price of petrol has increased from N185 per litre to as high as N600 per litre. In Rivers state, the price of petrol has increased from N200 per litre to N400 per litre. In other parts of the country, the price of petrol has also increased significantly.
The removal of fuel subsidy has been met with widespread anger a from Nigerians. Many Nigerians are concerned about the impact that the increase in fuel prices will have on their daily lives. The increase in fuel prices is expected to lead to an increase in the prices of goods and services, and also transportation rates which will further impoverish Nigerians.
The government has defended the removal of fuel subsidy, arguing that it is necessary to save money and to reduce the country's debt burden. However, many Nigerians believe that the government is simply trying to enrich itself at the expense of the poor.
The removal of fuel subsidy is a major blow to the Nigerian people. It is a clear indication that the government is not interested in the welfare of its citizens. The increase in fuel prices is expected to have a devastating impact on the lives of millions of Nigerians.
Comments
Post a Comment