Close Menu
9JahotNews
  • Home
  • Entertainment
  • Nollywood
    • Movies
    • Music
  • Weddings
  • Sports
  • Fashion
  • Religion
  • Events
  • Shop
What's Hot
News

Man drowns in Ilorin

News

Nigerian govt begins new certificates verification for potential NYSC members, new hires

News

Ooni begins seven-day seclusion, prays for unity, peace

Subscribe to Updates

Get The Latest News, Updates, And Amazing Offers

Products
  • Flower Jewelry Set Ethiopian Gold Jewelry Sets Ear… Flower Jewelry Set Ethiopian Gold Jewelry Sets Ear...
    Rated 1.00 out of 5
    $24.99 Original price was: $24.99.$7.99Current price is: $7.99.
  • Amibric African Mesh Lace Fabrics Beaded Milk Fibe… Amibric African Mesh Lace Fabrics Beaded Milk Fibe... $148.99
  • Map Ghana Pendant Necklaces – Patriotic Ethnic Cha… Map Ghana Pendant Necklaces - Patriotic Ethnic Cha... $99.99 Original price was: $99.99.$19.88Current price is: $19.88.
Important Pages:
  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram Pinterest
9JahotNews
Facebook X (Twitter) Pinterest WhatsApp
  • Home
  • International
  • News
  • Politics
  • Latest
  • Trending
  • Event
  • Sport
  • Wedding
  • Nollywood
9JahotNews
Home » ‘We ended gasoline subsidies, a number of FX charges to reset Nigeria’  —  Tinubu
Politics October 1, 2025No Comments

‘We ended gasoline subsidies, a number of FX charges to reset Nigeria’  —  Tinubu

Facebook Twitter Pinterest WhatsApp Copy Link
‘We ended gasoline subsidies, a number of FX charges to reset Nigeria’  —  Tinubu
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Copy Link



President Bola Tinubu stated his administration took the daring step of ending gasoline subsidies and a number of overseas trade charges to reset Nigeria on the trail of sustainable progress and inclusive growth.

The President in his Independence Day speech, to mark Nigeria’s sixty fifth anniversary, described the discontinued insurance policies as corrupt practices that enriched a privileged few on the expense of the vast majority of residents.

“In resetting our nation for sustainable progress, we ended the corrupt gasoline subsidies and a number of overseas trade charges that created huge incentives for a rentier economic system, benefiting solely a tiny minority. On the identical time, the lots obtained little or nothing from our Commonwealth,” Tinubu stated.

He defined that his administration had redirected the nation’s assets in the direction of vital sectors to enhance the lives of Nigerians.

“Our administration has redirected the economic system in the direction of a extra inclusive path, channeling cash to fund training, healthcare, nationwide safety, agriculture, and important financial infrastructure, akin to roads, energy, broadband, and social funding programmes,” the president acknowledged.

Based on him, the reforms are already enabling federal, state, and native governments to higher reply to the wants of residents.

“On account of the powerful selections we made, the Federal and State governments, together with Native Governments, now have extra assets to maintain the folks on the decrease stage of the ladder, to deal with our growth challenges,” Tinubu stated.

The president assured Nigerians that the sacrifices demanded by the reforms had been designed to yield long-term advantages, including that his administration remained dedicated to constructing a extra affluent and equitable nation.

It will be recalled that President Tinubu, throughout his inaugural handle at Eagle Sq. on Might 29, 2023, introduced the removing of gasoline subsidy.

He defined that there was no provision for subsidy within the nationwide price range from June 2023.

Vanguard News

The put up ‘We ended gasoline subsidies, a number of FX charges to reset Nigeria’  —  Tinubu appeared first on Vanguard Information.



Source link

Share. Facebook Twitter Pinterest WhatsApp Copy Link

Related Posts

Politics

INEC extends voter registration to twelfth October in FCT

Politics

Nnaji: Don’t deal with public issues as personal affair -ADC blasts presidency

Politics

INEC: Yakubu needs to be arrested so he doesn’t run away -Lawyer

Politics

2027: Igbo wants presidency however Tinubu is my selection – Orji Kalu

Leave A Reply Cancel Reply

Follow Us
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
Don't Miss
Wedding

Love Was on the Menu When Tumise Met Bukola at a Campus Restaurant

A couple of days in the past, Tumise and Bukola blessed us with their breathtaking…

Parliamentarians warning ECOWAS member states towards hasty  adoption of AI

September 23, 2025

Stampede at political rally in India kills 40, injures dozens extra

September 29, 2025

5 kidnapped kids rescued in Adamawa

September 14, 2025

Subscribe to Updates

Get The Latest News, Updates, And Amazing Offers

Products
  • Mahcraft Nigeria Fashion Tulle Lace Fabric 3D Appl… Mahcraft Nigeria Fashion Tulle Lace Fabric 3D Appl...
    Rated 1.00 out of 5
    $148.99
  • Stainless Steel Nigeria Map Pendant Necklaces Coun… Stainless Steel Nigeria Map Pendant Necklaces Coun...
    Rated 1.00 out of 5
    $5.99
  • Nigeria Vintage Flag Cigarette Box One Hand Flip-T… Nigeria Vintage Flag Cigarette Box One Hand Flip-T...
    Rated 1.00 out of 5
    $17.99
  • Stainless Steel Nigeria Map Pendant Necklaces Coun… Stainless Steel Nigeria Map Pendant Necklaces Coun... $3.40
  • Flower Jewelry Set Ethiopian Gold Jewelry Sets Ear… Flower Jewelry Set Ethiopian Gold Jewelry Sets Ear...
    Rated 1.00 out of 5
    $5.00

9JahotNews, we are your ultimate hub for everything that defines Nigerian culture and beyond. From breaking news and vibrant music scenes to Nollywood highlights, trending fashion, and iconic events, we are here to keep you informed, entertained, and inspired.

Facebook X (Twitter) WhatsApp Pinterest
Our Picks
Politics

2027: You possibly can’t match Tinubu – Jandor tells Jonathan

Politics

APC can win Kano with out  Kwankwaso – Celebration chieftain tells Tinubu

News

NCF urges Tinubu to think about amnesty for Abba Kyari, Nnamdi Kanu

Products
  • Nigeria Wedding Lace Fabric Pink 3D Flowers with F… Nigeria Wedding Lace Fabric Pink 3D Flowers with F... $231.99
  • African Native Hat Foldable Velvet Hat African Native Hat Foldable Velvet Hat $39.99
  • Nupe Religion (African Ethnographic Studies of the… Nupe Religion (African Ethnographic Studies of the...
© 2025 9JahotNews.
  • Home
  • Shop
  • About Us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.