Tinubu Defends Cupboard Measurement, Says No Regrets Over Petrol Subsidy Elimination

President Bola Tinubu has responded to critics who described his cupboard as “bloated” by saying he’s unprepared to scale back the scale of his 48-man cupboard. Throughout his first presidential media chat, Tinubu argued that “effectivity” has been on the core of his number of ministers.

The president’s media chat, moderated by Dr. Reuben Abati of Come up TV, lined numerous subjects, together with the financial system, safety, and tax reforms. Tinubu expressed confidence in his safety structure and defended his authorities’s borrowing habits, saying it’s not a criminal offense to borrow for infrastructure improvement.

Tinubu additionally stood agency on his determination to take away the petrol subsidy in Could 2023, stating that Nigeria can’t proceed to subsidize gas for neighboring nations. He believes this reform was essential to protect Nigeria’s future and that of generations but unborn. When requested about phasing out the subsidy removing, Tinubu harassed the significance of accountable administration, saying the nation can’t afford pointless expenditures with out income to again them up.

Tinubu justified his determination to take away the subsidy, citing the necessity to protect Nigeria’s future and that of generations but unborn. When requested if he thought he ought to have phased out the subsidy removing, Tinubu emphasised the significance of accountable administration, saying “Why ought to you will have expenditure that you just don’t have income to take care of?”.