President Bola Tinubu has told Nigerians that he feels their pains as far as the consequences of petrol removal are concerned.
He said this on Monday while speaking on how the policies of his government are unfolding, in relation to the promises and legacy of June 12.
Tinubu said, “I feel your pain. This is one decision we must bear to save our country from going under and take our resources away from the stranglehold of a few unpatriotic elements,” Tinubu said in his maiden Democracy Day address to Nigerians as President.
In his inaugural speech on May 29, the President stated that subsidy can no longer justify its ever-increasing costs in the wake of drying resources. Therefore, it had to go.
The PUNCH reported that the aftermath of Tinubu’s announcement was the increase in petrol pump price from N195 to N537 nationwide, alongside an ancillary price increase.
“I admit that the decision will impose an extra burden on the masses of our people. Painfully, I have asked you, my compatriots, to sacrifice a little more for the survival of our country.
“For your trust and belief in us, I assure you that your sacrifice shall not be in vain. The government I lead will repay you through massive investment in transportation infrastructure, education, regular power supply, healthcare, and other public utilities that will improve the quality of lives.”
Speaking of the rule of law, the President said his administration will not condone conflicting and illegal orders that undermine Nigeria’s democracy.
He also described the bill he signed into law on June 8 for the harmonisation of the retirement age for judicial officers as one of many policy reforms to come.
“For Chief MKO Abiola, the symbol of this day, in whose memory June 12 became a national holiday, democracy is eternal.
“It is about the rule of law and vibrant judiciary that can be trusted to deliver justice and strengthen institutions. It has become imperative to state here that the unnecessary illegal orders used to truncate or abridge democracy will no longer be tolerated.
