29 May 2023
Petrol stations in, Warri and it’s environs in Delta State have started witnessing queues few hours after President Bola Tinubu announced the removal of fuel subsidy
Trackupnews observed a filling stations at the back College of Education was crowded by motorists who rushed to buy the product.
While many private filling stations on NNPC complex road, Airport, road, Enerhen junction to Jakpa junction, were locked.
While those opened were not selling.
The situation is said to be same in Lagos, Abuja and other states.
Tinubu had said In his inauguration speech, that subsidy was benefitting the rich at the expense of poor.
“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,” he said.
He said he would also review complaints on multiple taxation so as to boost the economy and attract investors.
