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Subsidy Removal: ‘I Feel Your Pain, Your Sacrifice Won’t Be In Vain’, Tinubu Tells Nigerians

President Bola Tinubu on Monday sympathised with Nigerians over the pains of the recent subsidy removal on Premium Motor Spirit known as petrol.
In his 2023 Democracy Day speech on June 12, the President said his decision to remove fuel subsidy during his inauguration on May 29, 2023 is to save Nigeria country from going under and take the country’s resources away from the stranglehold of a few unpatriotic elements.
He asked Nigerians to sacrifice a little more for the survival of the country.
Democracy Day is celebrated yearly on June 12 in honour of the winner of the June 12, 1993, presidential election, the late Chief Moshood Kashimawo Olawale (MKO) Abiola and other heroes of democracy.
Addressing Nigerians on Monday, Tinubu said, “The democracy that will yield right dividends to the people who are the shareholders means more than just freedom of choice and right to get people into elective offices. It means social and economic justice for our people.
“To the winner of June 12, democracy offers the best chance to fight and eliminate poverty. Thirty years ago, he (MKO Abiola) christened his campaign manifesto, ‘Farewell to Poverty’ because he was convinced that there is nothing divine about poverty. It is a man-made problem that can be eliminated with clearly thought-out social and economic policies.
“It is for this reason that, in my inauguration address on May 29, I gave effect to the decision taken by my predecessor-in-office to remove the fuel subsidy albatross and free up for collective use the much-needed resources, which had hitherto been pocketed by a few rich.
“I admit that the decision will impose extra burden on the masses of our people. 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.
“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.”
From N184/Litre To Over N500
The President during his inaugural speech on May 29 at the Eagle Square in Abuja had announced the removal of subsidy payment on petrol. The President said that the immediate past administration of Muhammadu Buhari did not make provisions for subsidy in the 2023 budget beyond June.
Many Nigerians had expected that the new price regime would come into effect by July 1 but almost immediately after the presidential pronouncement, queues resurfaced at filling stations across the country even as retail outlets hoard the product and increase prices.
Already, a litre of petrol is being sold at over N500 across the country following the price adjustment by the Nigerian National Petrol Company (NNPC) Limited and the presidential pronouncement on subsidy removal.
Fuel queues have since surged for the vital commodity, compounding the traffic situation in parts of the country, even as transportation costs skyrocket to more than 100% increment.
The Organised Labour had resolved to embark on a nationwide strike beginning Wednesday but was restrained by a court order of Monday, June 5, 2023. The Organised Labour subsequently shelved its planned strike after a meeting with the Federal Government last week.
News
IBADAN: Early Morning Fire Destroys Shops, Millions Lost in Property

An early morning fire on Friday, September 12, 2025, gutted four shops at Saki Garage, opposite Trans Amusement Park in the Bodija area of Ibadan, Oyo State.
The fire, which started around 2:07 a.m., affected four out of eleven shops in the complex. No casualties were reported, but properties worth millions of naira were lost.
Chairman of the Oyo State Fire Service, Hon. Maroof Akinwande, confirmed the incident and said firefighters were able to contain the blaze and prevent it from spreading to nearby buildings.
The fire was traced to embers left unattended after business hours, which ignited nearby flammable materials.
Akinwande advised the public to be vigilant, keep fire extinguishers at home and in shops, and store emergency fire service numbers. He also commended Amotekun officers from the Bodija Division for providing security during the firefighting operation.
News
Air Peace Differs with NSIB reports on crews involvement in drugs, alcohol
Air Peace conducts frequent alcohol and drug tests on our crew. We have a very strict alcohol use policy that is stricter than the 8 hours before the flight as provided in the regulations. Drug use is a NO-NO!

Air Peace has responded to the Nigerian Safety Investigation Bureau (NSIB) regarding the incident involving one of its aircraft at Port Harcourt on July 13, 2025.
The airline said to date, no official communication was received on crew toxicology results by NSI, B, and the Nigeria Civil Aviation Authority (NCAA) had cleared the co-pilot on duty.
In a statement by Air Peace, it stated that it is yet to receive any official communications from the NSIB on such findings over a month after the incident and after the testing of the crew for alcohol, which took place in less than an hour of the incident!
“As a responsible airline, we place utmost priority on safety, transparency, and compliance, and it is important to set the record straight.
“Air Peace conducts frequent alcohol and drug tests on our crew. We have a very strict alcohol use policy that is stricter than the 8 hours before the flight as provided in the regulations. Drug use is a NO-NO!
The NSIB had on Thursday released the preliminary report on its ongoing investigation into the serious incident involving a Boeing 737-524 aircraft, operated by Air Peace, saying initial toxicological tests conducted on the flight crew revealed positive results for certain substances, including indicators of alcohol consumption.
The report said that a cabin crew member also tested positive for Tetrahydrocannabinol (THC), the psychoactive component in cannabis.
“These results are being reviewed under the human performance and safety management components of the investigation.”, a statement on the report signed by Bimbo Olawumi Oladeji, Director, Public Affairs and Family Assistance, NSIB, said.
News
Hilda Baci Cooking World’s Largest Pot of Jollof Rice Today at Eko Hotel
Baci also disclosed she would be using 250 bags of rice to create what she hopes will become the world’s biggest pot of Nigerian jollof rice.

Celebrity chef and Guinness World Record holder Hilda Baci is cooking what she describes as the world’s largest pot of Nigerian jollof rice at Eko Hotel and Suites today (Friday) in Lagos.
A video shared on her Instagram page on Thursday showed the moment the massive pot arrived at the venue of the record-breaking attempt in Lagos.
Another clip shared on her Snapchat story captured Hilda and her mother praying at the venue ahead of the event.
Baci announced on Wednesday that more than 20,000 people had registered to attend the event dubbed “Gino World Jollof Festival with Hilda Baci”
She emphasised that the event which kicks off at 9 a.m. on Friday, September 12, is free to attend, and that guests will “certainly not be paying for the amazing meal that I’m going to make for you.”
According to Baci, the historic attempt will feature a giant pot measuring six metres wide and six metres tall, in collaboration with seasoning and culinary brand Gino.
Baci also disclosed she would be using 250 bags of rice to create what she hopes will become the world’s biggest pot of Nigerian jollof rice
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