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President Tinubu Reveals why he Included Fuel Subsidy Removal in his Inauguration speech

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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

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FG Jails Ex-minister Mamman 75 years for N33.8bn fraud

Furthermore, the court ordered the forfeiture of various foreign currencies that were recovered from the convict, as well as four choice property in Abuja that were traced to him.

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Former Minister of Power, Saleh Mamman, has been sentenced to 75 years in prison for having stole public funds totalling about ₦33.8 billion.

Mamman was sentenced on Wednesday, 13 May, 2026, by the Federal High Court sitting in Abuja.

The court, in the judgment delivered by Justice James Omotosho, convicted and sentenced him on all 12 counts of fraud and money laundering charges preferred against him by the Economic and Financial Crimes Commission (EFCC).

Whereas he was handed seven years each on 10 counts of the charge, the court jailed him for three years and two years on counts four and five of the charge.

Justice Omotosho held that the sentence should run consecutively without the option of fine except on count four which he allowed the payment of N10 million fine.

Furthermore, the court ordered the forfeiture of various foreign currencies that were recovered from the convict, as well as four choice property in Abuja that were traced to him.

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Senator Oluremi Tinubu Flags Off Menstrual Hygiene Campaign in Benue

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..….Urges support for girl child

The wife of the President of Nigeria and Founder of the Renewed Hope Initiative, Oluremi Tinubu, has launched the “Flow with Confidence” Menstrual Hygiene Campaign Programme in Benue State, with a call for collective action towards empowering school girls through proper menstrual hygiene management and access to sanitary products.

The programme, held at the Old Banquet Hall, Government House Makurdi, was organised under the Renewed Hope Initiative with the theme, “Empowering School Girls through Menstrual Hygiene.”

In her address, delivered by the Benue State Coordinator, Office of the First Lady and Renewed Hope Initiative State Coordinator, Scholastica Ben-Sor, Senator Oluremi Tinubu said no girl should be forced to miss school because she cannot afford sanitary pads.

The First Lady described the situation where girls resort to unsafe alternatives or stay away from school during menstruation as unacceptable, especially in rural communities, stressing that the intervention was designed to restore dignity, confidence and educational continuity for young girls across the country.

She disclosed that the Renewed Hope Initiative would distribute one-year supplies of disposable sanitary pads to 370,000 school girls in rural communities nationwide, with each state and the Federal Capital Territory receiving 10,000 packs for distribution through State First Ladies and RHI Coordinators.

According to her, the initiative is aimed at supporting girls who are unable to afford sanitary products, while also promoting proper reproductive health and hygiene.

Senator Tinubu revealed that the Renewed Hope Initiative expended over N2.5 billion in procuring the customised disposable sanitary pads from a local manufacturing company, Uniglory Nigeria Limited, Ikorodu, Lagos State, and appealed to corporate organisations, agencies and well-meaning Nigerians to support the programme.

She urged Local Government Chairmen and their wives to take ownership of the intervention and ensure that the sanitary pads reach deserving girls in rural communities, warning that the items must not be sold under any circumstance.

The First Lady also called on traditional, religious and community leaders to monitor the distribution process and support efforts aimed at helping girls grow into responsible and informed adults.

Addressing the beneficiaries, she encouraged the girls to remain focused on their education, support one another and never allow stigma associated with menstruation to diminish their confidence.
“I believe in you because you are the future of this nation,” she stated, as she formally flagged off the distribution of the “Flow with Confidence” Menstrual Hygiene Packs.

Earlier in her opening remarks, Hon. Scholastica Ben-Sor welcomed participants to the programme and described the Renewed Hope Initiative as a people-oriented intervention covering health, education, agriculture, social investment and economic empowerment

She urged the participants, especially the wives of Local Government Chairmen, to pay close attention to the message of the First Lady and ensure the intervention reaches vulnerable girls at the grassroots.

Hon. Ben-Sor explained that her office had resolved to sustain the initiative annually in Benue State by complementing the sanitary pad distribution programme to reach more beneficiaries, including girls in government secondary schools, Internally Displaced Persons camps and rehabilitation centres for children with special needs.

In her remarks, wife of the Benue State Deputy Governor, Christy Sam Ode, represented by Hon. Mrs Patience Erube, described menstruation as a natural part of womanhood that should never attract shame or stigma.

She encouraged the girls to carry themselves with dignity and confidence, while paying attention to lessons on menstrual hygiene and self-care.

Different lectures and goodwill messages from health professionals and wives of chairmen of local government areas in Benue State were received at the occasion.

The event also featured an interactive session during which the school girls asked questions and sought clarifications on issues relating to menstrual hygiene, and personal safety, with the keynote speakers providing detailed responses and guidance.

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INEC Moves to Upgrade Staff Healthcare Facilities, Welfare

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The Chairman of the Independent National Electoral Commission, Joash Amupitan, has announced plans to improve healthcare services and staff welfare through the renovation of existing clinic facilities and the acquisition of a larger healthcare centre for workers of the Commission.

Prof. Amupitan made this known during the grand finale of the 2026 International Nurses Week celebration held at the INEC Headquarters in Abuja.

Speaking at the event themed “Our Nurses, Our Future: Empowered Nurses Save Lives,” the INEC Chairman disclosed that the decision followed reports on the poor state of the Commission’s clinic facilities.

According to him, due process for the renovation of the Kubwa Clinic has already commenced after an assessment report was submitted to management.

Prof. Amupitan also revealed that the Commission is making arrangements to acquire a bigger clinic facility in Area 10, Abuja, to further strengthen healthcare delivery for staff.

He stressed that the nature of INEC’s operations exposes employees to significant risks, making access to quality healthcare and welfare support essential for a productive workforce.

The INEC Chairman described nurses as the backbone of healthcare delivery and commended their dedication, professionalism, and compassion in caring for people across different sectors of society.

He assured nurses and staff of the Commission’s commitment to improving welfare despite existing challenges and urged medical personnel attached to INEC to continue monitoring the health of workers and management staff.

In her remarks, National Commissioner and Chairman of the Health and Welfare Committee, Rhoda Gumus, described nursing as a valuable profession to humanity and praised nurses for their contributions to healthcare delivery, disease prevention, and community wellbeing.

Other goodwill messages delivered at the event also highlighted the critical role nurses play in sustaining effective healthcare services.

The Registrar and Chief Executive Officer of the Nursing and Midwifery Council of Nigeria, Ndagi Alhassan, said that the theme of the 2026
celebration reflects a major policy direction aimed at strengthening the nursing profession in Nigeria.

Highlights of the ceremony included tributes to Florence Nightingale, presentation of awards to top INEC officials, and recognition of retired nurses for their meritorious service to the Commission.

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