News
President Tinubu Reveals why he Included Fuel Subsidy Removal in his Inauguration speech
Nigerian President, Bola Tinubu has on Friday described fuel subsidy as a “scam” and disincentive to growth, saying it rewarded smugglers and reduced the burden of the “real cost” of the commodity for some countries.
Tinubu made the assertion during a meeting with members of the Nigerian community in France, said a statement by his Special Adviser on Special Duties, Communication and Strategy, Dele Alake, later that day.
Addressing Nigerians in France, Tinubu explained that the Special Adviser on Monetary Policy, Wale Edun and Alake had excluded fuel subsidy removal from his inaugural speech, “but he felt it was expedient to stop the subsidy on the first day”.
President Bola Tinubu meets with Nigerians in Paris, France on Friday, June 23, 2023. Photo: State House
This marked the first time the President would publicly comment on his May 29 inaugural speech, in which he declared that fuel subsidy is gone.
The comment sparked a near-instant hike in prices and hoarding, leading to calls for protests by the Nigeria Labour Congress (NLC). This is despite former President Muhammadu Buhari’s early moves to end the payment of fuel subsidy by June.
President promised to reposition the education and health sectors, adding that ongoing reforms on the economy would be sustained and expanded, with a view to relieving families struggling with the burden of poverty and insecurity.
The remarks come 11 days after the President signed the Students Loan Bill into Law.
See the full statement below:
STATE HOUSE PRESS RELEASE
DIASPORA NIGERIANS POUR ENCOMIUMS ON PRESIDENT TINUBU FOR DECISIVE ACTION ON ECONOMY, PRESIDENT PROMISES TURN AROUND IN EDUCATION, HEALTH, SPORTS, SECURITY,
ENERGY
President Bola Ahmed Tinubu Friday in Paris–France assured Nigerians of repositioning the education and health sectors, while the ongoing reforms on the economy will be sustained and expanded, with a view to relieving families struggling with the burden of poverty and insecurity.
In an interactive session with members of Nigerian community living in France, who lauded President Tinubu for taking bold, decisive and visionary steps in fixing the economy, the Nigerian leader said more creative and innovate policies will be explored and implemented in areas that directly impact livelihood of Nigerians, like electricity sports and energy.
“To all of you, our hope renewed,’’ he said, welcoming plethora of suggestions going forward for the economy, and explaining some of the short-term and long-term framework for providing growth opportunities for individuals, families and institutions.
President Tinubu said the interest of Nigerians will always be protected, even in engagements with the international community, governments and multilateral institutions on global issues relating to climate change, energy transition, food security, trade, security and diplomacy.
“We have transport challenges, electricity challenges, infrastructural challenges and others. I let out the giant elephant of fuel subsidy without bringing down the house,’’ he said, adding, “Our diversity is our asset, if we know how to use it.’’
“We must promote unity and stability for all. Whether you voted for me during the elections, or not, I am your President. I will work on your behalf to ensure a turning point of prosperity,’’ the President told the gathering of professionals, including David Alaba, a footballer.
The President said he was presented with an option of meeting with a handful of Nigerians in France, but he preferred a larger number, pledging to be persistent, determined and focused on reforms for a better country.
President Tinubu explained that the fuel subsidy was a “scam” and disincentive to growth as it rewarded smugglers and reduced the burden of real cost of the commodity for some countries.
He said the Special Adviser on Monetary Policy, Wale Edun and Special Adviser on Special Duties, Communication and Strategy, Dele Alake, had excluded fuel subsidy removal in his inaugural speech, but he felt it was expedient to stop the subsidy on the first day.
“It was the next day I called the GMD of NNPL,’’ he said.
Nigeria’s Ambassador to France, Kayode Laro, thanked the President for accepting the proposal for the meeting with Nigerians on short notice and tight schedule, while the Chairman of the Nigerians in Diaspora Commission, Abike Dabiri-Ereluwa introduced some of the experts in France.
“We have Nigerians who are doing great today among us. We have the diaspora day and diaspora investment summit that provides opportunities for us to celebrate them, and attract new interests,’’ she said.
Prof Emmanuel Iga, Abiodun Odunuga, Anino Elawa, commended the President for the great steps taken in three weeks to reposition the economy.
“You have shown we have a committed and competent leader. You are the first President, who has no godfather. You are your godfather. We are impressed with removal of subsidy and streamlining of foreign exchange. We will wait for the palliatives,’’ Iga said.
Nigerians at the event assured President Tinubu of their full support for his progressive ideas.
Special Adviser to the President
Special Duties, Communication and Strategy
June 23, 2023
News
[For The Record]: Acting IGP Disu Unveils His Plans for NPF, Citizens
The road ahead is not smooth,” he said, emphasising:” there will be resistance and hard choices, but my commitment to transforming this Service into one every citizen can trust will not waver.
•Tunji Disu during his decoration today as Inspector General of police, by President Bola Tinubu on February 25,2026, at the Presidential Villa, Abuja.
The newly appointed Acting Inspector-General of Police, Olatunji Disu, on Wednesday formally assumed office, pledging sweeping reforms anchored on professionalism, accountability, and community partnership to restore public confidence in the Nigeria Police Force.
He also acknowledged the contributions of past Inspectors-General, pledging to build on the foundations they laid while steering the force toward reform.
“The road ahead is not smooth,” he said, emphasising:” there will be resistance and hard choices, but my commitment to transforming this Service into one every citizen can trust will not waver.”
Disu took over from his predecessor, Olukayode Egbetokun, during a handover ceremony, declaring that his tenure would be guided by three core pillars: professionalism and modernisation, accountability and integrity, and community partnership and public trust.
He acknowledged that existing challenges within the force, including a trust deficit with communities, outdated systems, resource gaps, and misconduct in some quarters, describe them as “uncomfortable truths” that must be confronted.“These are truths we must face with resolve to reposition the Nigeria Police as a trusted, people-oriented institution,” he said.
Reform Pillars
Disu said the police would embrace intelligence-led policing, forensic investigations, and digital tools, stressing that modern methods—not intimidation or abuse of authority—would define operations.
On accountability, he warned that impunity would no longer be tolerated.
“The badge is a symbol of public trust. Anyone who treats it otherwise will face the full consequences of our disciplinary processes,” he stated, adding that oversight mechanisms would be strengthened and processes made more transparent.
He also emphasised community policing as a philosophy rather than a programme, pledging to deepen engagement with citizens through town halls, markets, schools, and neighbourhood interactions.
Addressing officers, Disu promised to prioritise their welfare and working conditions while demanding integrity, compassion, and courage in service.To citizens, he called for cooperation, urging Nigerians to report crime, engage local officers, and hold the police accountable.
To citizens, he called for cooperation, urging Nigerians to report crime, engage local officers, and hold the police accountable.
“We are not your adversaries. We are your neighbours in uniform, and your safety is the only measure of our success,” he said.
Disu thanked Bola Tinubu for the confidence reposed in him, describing his appointment as a heavy responsibility rather than a moment for celebration.
He also acknowledged the contributions of past Inspectors-General, pledging to build on the foundations they laid while steering the force toward reform.
“The road ahead is not smooth,” he noted. “There will be resistance and hard choices, but my commitment to transforming this Service into one every citizen can trust will not waver.
News
[UPDATED): President Tinubu Decorates Tunji Disu as Acting Inspector General of Police
The ceremony, which took place at the President’s office moments ago, had in attendance National Security Adviser Nuhu Ribadu, Chief of Staff to the President Femi Gbajabiamila, Secretary to the Government of the Federation George Akume, and the immediate past IGP Kayode Egbetokun.
President Bola Tinubu on Wednesday decorated Assistant Inspector-General of Police Tunji Disu with his new rank as the new acting Inspector – General of Police at the State House, Abuja.
The ceremony, which took place at the President’s office moments ago, had in attendance National Security Adviser Nuhu Ribadu, Chief of Staff to the President Femi Gbajabiamila, Secretary to the Government of the Federation George Akume, and the immediate past IGP Kayode Egbetokun.
His appointment came just 48 days before his scheduled retirement on April 13, 2026, when he would have reached the mandatory retirement age of 60 years.
However, under the amended Police Act, which allows Inspectors-General of Police to serve a four year tenure regardless of age, Disu may remain for the next couple of years .
President Tinubu, who pinned the new insignia on Disu’s uniform commended the outgoing IGP Egbetokun for his service to the nation.
The ceremony comes barely 24 hours after Egbetokun submitted his resignation letter to the President on Tuesday, citing family issues that require his undivided attention.
Disu arrived alongside his family members for his decoration to the new rank of the Inspector-General
Disu, until his appointment on Tuesday, was an Assistant Inspector-General of Police, AIG in-charge of Force Criminal Investigation Department, FCID, Alagbon.
The former IGP, Kayode Egbetokun, reportedly tendered letter of his resignation the previous day citing pressing family considerations.
President Tinubu expressed his profound appreciation for his decades of distinguished service to the Nigeria Police Force and the nation.
News
Explosions rocks cement -ladened trailers on Zamfara highway
It was learned that the Improvised Explosive Device (IED), planted on the highway by suspected bandits exploded as the trailer stepped on it.
The Police in Zamfara State have confirmed that an Improvised Explosive Device (IED) along the Funtua-Gusau highway blew up a trailer carrying cement.
The incident occurred on Wednesday at Ungwar Mai Chida and caused a traffic gridlock on the highway.
It was learned that the Improvised Explosive Device (IED), planted on the highway by suspected bandits exploded as the trailer stepped on it.
The ill-fated truck was from Kaduna heading to Sokoto. Not a life was lost as the driver of the truck who sustained injuries, was reportedly rescued alive.
A resident said that the explosion occurred just hours after a combined team of police and military operatives had cleared and reopened the Kucheri–Danjibga–Keta road in the Tsafe local government area.
The road in question has been impassable for over a month due to an IED that was planted by criminal elements.
Commissioner of Police in the State, CP Ibrahim Maikaba, said that combined tactical teams of the Police and Military, particularly the Explosive Ordnance Disposal (EOD) units, successfully detected and detonated multiple IEDs along the Kucheri–Danjibga–Keta axis.
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