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Recall that Tinubu, in his inaugural speech, reiterated that fuel subsidy has been removed and not coming back.
Sowore wondered why the president can’t also announce increment in minimum wage in the same breath if truly he wishes to run pro-people government.
“Worker’s minimum wage is N30k per month, @officialABAT, just stumbled a few times at his inauguration and the only thing he could say was “Fuel Subsidy” is gone! He didn’t say next…Minimum Wage is now N250k! And now those who claimed this is good for Nigeria are stranded at home unable to pay their way to “work.#
“Those who said an increase in minimum wage would lead to inflation are not saying a 300% increase in fuel price will kill everyone, even the middle class (if there exist any). They don’t care about you,” he wrote.
During the inaugural speech, President Tinubu touched on many issues concerning the economy of which fuel subsidy was one of them.
According to him, Tinubu supported the outgone administration decision to phase out fuel subsidy because only the rich are benefiting from it.
“We commend the decision of the outgoing administration in phasing out the petrol subsidy regime which has increasingly favoured the rich more than the poor. Subsidy can no longer justify its ever-increasing costs in the wake of drying resources. We shall instead re-channel the funds into better investment in public infrastructure, education, health care and jobs that will materially improve the lives of millions,” Tinubu said.
Video News: NNPC adjusts pump price to N511/litre, buyers refuse to buy
@freelanews #fuelsubsidy #trending #goviral #foryou #tiktoknaija #foryourpage #naijapolitics ♬ original sound – Freelanews