Just In : Tinubu speaks on palliatives to caution effects of subsidy removal
President Bola Ahmed Tinubu has assured that palliatives to cushion the effect of fuel subsidy removal were being worked out.
He spoke during an interactive session with Nigerians resident in France and neighbouring European countries on the sidelines of the New Global Financing Pact Summit in the French capital, Paris.
The President in his inaugural speech said the subsidy era was gone because there was no budgetary allocation for it.
On how he convinced Organised Labour to shelve the planned protest over removal of subsidy, he said: “You want money increase in palliative, transportation what are you protesting about? Are you sharing part of the subsidy? if you protest, I will join you and protest and they stopped. No protest.
“Palliative we will get but we have to save the money in order to embark on palliatives,” he said.
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