President Bola Tinubu said he had taken some decisions that brought discomfort to save the country from fiscal catastrophe.
In his new year message to the nation, the President Tinubu said everything he had done in office, every decision he had taken and every trip he had undertaken outside the shores of Nigeria since he assumed office as President had been done in the best interest of our country.
“Over the past seven months of our administration, I have taken some difficult and yet necessary decisions to save our country from fiscal catastrophe. One of those decisions was the removal of fuel subsidy which had become an unsustainable financial burden on our country for more than four decades.
Another was the removal of the chokehold of few people on our foreign exchange system that benefited only the rich and the most powerful among us. Without doubt, these two decisions brought some discomfort to individuals, families and businesses,” Tinubu said.