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

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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.

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IGP Disu Wears New DIGs Insignia

Disu, during the ceremony today urged the new Deputy Inspectors-General of Police to uphold discipline, integrity and professionalism in the discharge of their duties.

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• IGP Tunji Disu

The Inspector-General of Police, Olatunji Disu has decorated the newly promoted senior officers at the Nigeria Police Force Headquarters in Abuja .

Disu, during the ceremony today urged the new Deputy Inspectors-General of Police to uphold discipline, integrity and professionalism in the discharge of their duties.

He said the elevation to the rank of Deputy Inspector-General of Police was not merely the wearing of new insignia but a recognition of years of dedicated service and a call to greater responsibility in the leadership of the force.

Disu emphasised that the rank represents one of the highest levels of professional trust within the police and demands wisdom, courage and a strong commitment to justice and service.

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BREAKING: Court of Appeal Upholds Federal High Court Ruling Halting PDP’s Ibadan National Convention

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In a major ruling that deepens the ongoing leadership crisis in Nigeria’s main opposition party, the Court of Appeal in Abuja has affirmed the decision of the Federal High Court restraining the Peoples Democratic Party (PDP) from proceeding with its controversial National Convention held in Ibadan, Oyo State, on November 15-16, 2025.

A three-member panel of the appellate court, led by Justice Mohammed Danjuma, delivered a unanimous judgment on Monday dismissing the appeal filed by the Tanimu Turaki-led faction of the PDP.

The court upheld the October 31, 2025, ruling by Justice James Omotosho of the Federal High Court, which barred the Independent National Electoral Commission (INEC) from recognizing, validating, or accepting the outcome of the Ibadan convention.

The Appeal Court held that the PDP’s decision to proceed with the convention violated key provisions of the Nigerian Constitution, the Electoral Act, INEC’s guidelines on party primaries and conventions, and the PDP’s own Constitution.

It emphasized that the Federal High Court’s intervention was justified to prevent illegality and to protect the rights of excluded delegates from over 14 states where congresses had not yet been conducted.

The panel further criticized INEC for failing to adequately monitor the party’s processes as required by law. In a related aspect of the judgment, a fine of ₦2 million was imposed on the Turaki-led faction.

Rejecting arguments from the appellants that the matter was purely an intra-party affair outside judicial jurisdiction, the Court of Appeal ruled that violations of constitutional provisions, the Electoral Act, or a political party’s constitution confer jurisdiction on the courts.

This decision marks the first in a series of nine consolidated appeals stemming from the PDP’s protracted internal crisis, which pits the Turaki faction against a rival caretaker leadership aligned with FCT Minister Nyesom Wike and headed by Abdulrahman Mohammed.

The appeals challenge multiple Federal High Court rulings that halted the Ibadan convention and recognized the caretaker committee.

The ruling represents a significant victory for the Wike-aligned faction and could have far-reaching implications for the PDP’s leadership structure, upcoming elections, and INEC’s recognition of the party’s national officers.

Further judgments in the remaining appeals are expected later today or in the coming days as the Court of Appeal continues its sittings on the consolidated cases.

The PDP has yet to issue an official reaction, though sources indicate the Turaki faction may pursue further appeals to the Supreme Court.

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IWD: My greatest investments are my three daughters – Otedola

Tolani is a singer, Florence a renowned disc jockey and Temi is an actress and fashion blogger.

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“My greatest investments are my three daughters who make me proud every day. Happy International Women’s Day my angels,” wrote the billionaire businessman, Femi Otedola.

His three daughters are Tolani, Florence (DJ Cuppy) and Temi.

The Chairman of First Holdco Plc stated this in an X post on Sunday to commemorate International Women’s Day.

The billionaire’s daughters are high flyers in various areas of personal endeavour. Tolani is a singer, Florence a renowned disc jockey and Temi is an actress and fashion blogger.

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