President Bola Tinubu has addressed the recent increase in petrol prices, stating that the decision is part of his administration’s overall strategy to drive economic growth.
Gatekeepers News reports that Tinubu, while speaking to Nigerians living in China, emphasised the need for “hard decisions” to achieve meaningful development.
The President acknowledged the challenges faced by Nigerians, including long queues at filling stations and worsening inflation, but defended the petrol price hike as a necessary step towards economic prosperity.
He drew comparisons with China’s infrastructure development, saying that Nigeria can learn from China’s experiences.
Tinubu expressed his commitment to replicating China’s infrastructure in Nigeria, stating that he is focused on providing leadership and has a good team to support him.
He encouraged Nigerians to contribute to nation-building, saying that “one economic action leads to another, and it is in your hand to build our nation.”
The President’s comments come amid widespread criticism of the petrol price hike, with many Nigerians calling for the decision to be reversed. However, Tinubu remains resolute, saying that “hard decisions” are necessary for Nigeria’s economic growth.
