President Bola Tinubu has urged Nigerians to continue to endure the hardship caused by the removal of subsidy on petrol.
In a broadcast to mark Nigeria’s 63rd Independence Anniversary, Mr Tinubu said the hardship is an aftermath of the essential removal of subsidy on petrol.
“I am attuned to the hardships that have come. I have a heart that feels and eyes that see. I wish to explain to you why we must endure this trying moment,” he said.
“Reform may be painful, but it is what greatness and the future require.
“I wish today’s difficulties did not exist. But we must endure if we are to reach the good side of our future,” he said.
Mr Tinubu announced the removal of subsidy on petrol on 29 May, the day he was inaugurated as president.
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Since then, the price of petrol has tripled across major cities from less than N200 per litre to about N600 per litre. This has also led to a huge increase in the costs of goods and services, further worsening the economic situation for millions of citizens.