President Bola Ahmed Tinubu on Monday (May 29, 2023) pledged to revamp the country’s economy, saying that the era of fuel subsidy is gone in Nigeria.
Tinubu who made the assertion while delivering his inaugural speech as the 16th President of Nigeria also disclosed that his team will disclose the key aspect of the economic policy for his administration.
He spoke on revamping Nigeria’s economy by ensuring budgetary reforms and promised to make electricity more accessible by encouraging various state governments to participate in power generation.
He added that his government will review various multiple taxations.