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Hard decisions must be taken, Tinubu defends petrol price hike

Hard decisions must be taken, Tinubu defends petrol price hike

Despite the hardship his reforms have brought upon Nigerians, President Tinubu insisted that his government will continue to make hard decisions in the country’s interest.

President Bola Tinubu.

Tinubu travelled to the East Asian country on Sunday for a five-day state visit, where he also participated in the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC).

While addressing the Nigerian community in China, the President spoke of his administration’s reforms, including the deregulation of the petroleum downstream sector.

He said the hike in the pump price of fuel and other decisions by his government are part of an overall strategy to get Nigeria out of the doldrums and place it on the growth trajectory.

“Nigeria is going through reforms, and we are taking very bold and unprecedented decisions. For example, you might have been hearing from home in the last few days about fuel prices.”

“What is the critical part to get us there if we cannot take hard decisions to pave the way for a country that is blessed and so talented?

“The more you want everything free, it will become more expensive and long-delayed to achieve meaningful development,” Presidential spokesman, Driver Ngelale quoted Tinubu as saying.

President Bola Tinubu at a meeting with Nigerians in Diaspora Organisation in China (NIDO China) and the Nigerian community in Beijing, China, on Friday [Presidency]

The development has sparked reactions from many Nigerians, including labour unions and opposition politicians who asked the Federal Government to reverse the decision.

This came after weeks of petrol crisis in Africa’s largest oil-producing country, caused by the inability of the NNPCL to meet its debt obligations to international oil traders who had refused to supply the essential product.

“But, can we help it? Can we develop good roads like you have here? You see electricity being constant in quantity and quality. You see water supply, constant and running, and you see their good schools. And we say we want to hand over a banner without stain to our children?

“So many of you are so talented, speaking very fluent Mandarin. It is what you contribute and tell them at home that will reflect in the attitude of our people,” he said.

The President noted that while it’s not always easy for a leader to have a national consensus on issues, he is ready to take the hard decisions to move the nation forward.

“We are focused, and I have a very good team,” Tinubu said.

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