“I Could Have Said Yes, I Want a Share”: Tinubu Makes Mysterious Revelation About Subsidy, Others

“I Could Have Said Yes, I Want a Share”: Tinubu Makes Mysterious Revelation About Subsidy, Others

  • President Bola Tinubu said he has the privilege of taking part in the fuel subsidy scam and also ruining Nigeria's economy
  • However, the president said he would never be part of the saboteurs that kill the country's economy for personal gains
  • Tinubu then charged Nigerians on the need to ensure that the necessary resources are mobilised to meet the needs of the common person

Marina, Lagos - President Bola Tinubu has disclosed that he had the opportunity of partaking in destroying Nigeria's economy by continuing with the payment of the fuel subsidy.

According to The Cable, the president made the mysterious disclosure on Thursday, June 29, while speaking at a reception organised by the Lagos State government in his honour.

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President Bola Tinubu/Fuel Subsidy/Arewa/Southeast/Lagos
President Tinubu explains why he did not participate in the fuel subsidy scam. Photo Credit: Bola Ahmed Tinubu
Source: Twitter

How fuel subsidy ruins Nigeria's economy, President Tinubu explains

President Tinubu stressed that the petrol subsidy is a wound to the country's economy and should never be allowed to continue, irrespective of the situation.

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He added that his administration would need the necessary resources to achieve his promises to the Nigerian public during the election campaigns.

The president also said there is a need to urgently heal the wound in Nigeria's finances through the fuel subsidy removal and the unifying the multiple exchange rates, adding that it is the only choice Nigeria has.

President Tinubu speaks on re-engineering Nigeria's resources

According to Tinubu, the country needs to re-engineer the effectiveness of management and control of its resources to meet the duties owed to Nigerians.

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His statement reads in part:

“I could have said yes, I want a share of my benefit and participate in the arbitrage. But no, God forbid. That’s not why you elected me.”

He then promised to continue adopting better initiatives to benefit the young and old in the coming days.

Ministerial List: Combination of ministries should be reviewed

Legit.ng earlier reported that President Bola Tinubu had been reported to have promised to present his ministerial list after the Eid-el-Adha holiday, but there is a need for the President to review the list of ministries currently drawn up.

If President Bola Tinubu does not change the existing structure, he is expected to unveil ministers for 27 ministries on or before July 28, as the law states.

Source: Legit.ng

Authors:
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Bada Yusuf (Politics and Current Affairs Editor) Yusuf Amoo Bada is an accomplished writer with 7 years of experience in journalism and writing, he is also politics and current affairs editor with Legit.ng. He holds B.A in Literature from OAU, and Diploma in Mass Comm. He has obtained certificates in Advance Digital Reporting, News Lab workshop, Journalism AI Discovery. He previously worked as Editor with OperaNews. Legit’s Best Editor of the Year for Politics and Current Affairs Desk (2023). Contact: bada.yusuf.amoo@corp.legit.ng