{"id":11609,"date":"2024-12-23T21:06:21","date_gmt":"2024-12-23T21:06:21","guid":{"rendered":"https:\/\/thenewsnow.org\/?p=11609"},"modified":"2024-12-23T21:06:21","modified_gmt":"2024-12-23T21:06:21","slug":"media-chat-i-have-no-regret-removing-fuel-subsidy-tinubu","status":"publish","type":"post","link":"https:\/\/thenewsnow.org\/index.php\/2024\/12\/23\/media-chat-i-have-no-regret-removing-fuel-subsidy-tinubu\/","title":{"rendered":"Media Chat: I have no regret removing fuel subsidy – Tinubu"},"content":{"rendered":"

President Bola Tinubu has reiterated that he has no regrets about removing the fuel subsidy, emphasising that the decision was necessary to secure Nigeria\u2019s financial future.<\/p>\n

Speaking on Monday during a live presidential media chat broadcast nationwide, Tinubu explained that the subsidy was draining the country\u2019s resources and jeopardizing future investments.<\/span><\/p>\n

He said, \u201cWe are spending our future. We are spending our generation\u2019s fortunes. We are not investing. We are just deceiving ourselves.<\/span><\/p>\n

\"20241223_212818.jpg\"<\/span><\/p>\n

\u201cWhy should you have expenditures when you don\u2019t have revenues?<\/span><\/p>\n

\u201cI don\u2019t have any regret in removing the fuel subsidy. We cannot spend our generation investment.<\/span><\/p>\n

\u201dWe have no choice. Otherwise, we are headed for the slippery slope\u2026 financial disaster, not just for us but our children.<\/span><\/p>\n

The President also addressed the recent palliative stampedes in parts of the country that resulted in the loss of lives.<\/span><\/p>\n

He attributed the tragedies to poor organization.<\/span><\/p>\n

\u201cIt is very sad that people are not well organised. We just have to be disciplined. My condolences to those who lost their family members,\u201d he said.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

President Bola Tinubu has reiterated that he has no regrets about removing the fuel subsidy, emphasising that the decision was<\/p>\n","protected":false},"author":1,"featured_media":10474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/11609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/comments?post=11609"}],"version-history":[{"count":1,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/11609\/revisions"}],"predecessor-version":[{"id":11610,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/11609\/revisions\/11610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/media\/10474"}],"wp:attachment":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/media?parent=11609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/categories?post=11609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/tags?post=11609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}