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Home ยป Petrol Price Hike: Tinubu Came Prepared To Transform Nigeria
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Petrol Price Hike: Tinubu Came Prepared To Transform Nigeria

OsunDailyBy OsunDailyJuly 23, 2023No Comments3 Mins Read
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Petrol Price Hike: Tinubu Came Prepared To Transform Nigeria
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Following the hike in the price of petrol, the Secretary to the Government of the Federation (SGF), Senator George Akume has said President Bola Tinubu intends to transform the country.

In a series of tweets on Saturday, Akume said Tinubu came prepared with an action plan on reviving the nationโ€™s economy, saying that the president is committed to fulfilling his promise of improving the lives of Nigerians.

The SGF said the action plan is contained in the โ€˜Renewed Hopeโ€™ manifesto of the president, adding that one of the ways is to stabilise thethe surging price of petrol in the country.

Speaking on the petrol price increase, Akume said Tinubuโ€™s vision to restore the country has been in the works for decades and that the president is addressing the solution.

The SGF asked citizens to be patient while the government unveils the plan to improve the countryโ€™s economy.

He said: โ€œAs our team takes shape, I want to remind you all that @officialABAT came prepared- he came with a plan. He knows what to do & he is doing it. He has nurtured this vision for decades and he is now bringing it to life #TheAsiwajuPlan.

โ€œAs a government, we have heard your cries about fuel price increases, and be rest assured, we are working round the clock to normalize & bring solutions that ease the pain. Our job is to give you the quality of life you deserve when you wake up. So far, we are on course.โ€

The former Benue state governor described the petrolย subsidy regime as regressive, adding that the annual payments were not sustainable and that Tinubu โ€œhad to actโ€.

Akume, who stated that although the immediate effect of the fuel subsidy removal is not favourable, asked Nigerians to be patient.

He said the Tinubu administration is working out modalities to ensure market forces normalize pricing while it drive policies that better the lives of Nigerians.

Akume said: โ€œTo this end, we are already working out modalities to ensure market forces normalize pricing while we drive policies that better your lives & boost your earning power. We have a clear economic restoration plan, so I urge you to trust the process.โ€

Akume said Tinubuโ€™s actions of unifying the exchange rate and rejigging the countryโ€™s security architecture were proof of his commitment to using strong measures in securing the countryโ€™s future.

He asserted that deregulation is only the first part of the plan, adding that other health, education, agriculture, infrastructure, and more measures will come onaboard soon.


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