The Man Who Saw Tomorrow
When President Tinubu removed fuel subsidies and said prices would initially rise and gradually fall, many Nigerians insulted him. Twenty months later, what he said has prophetically started manifesting in reality with the Dangote Refinery-NNPCL price war. Nigerians can expect more petrol price reductions.
As the President explained when he courageously removed fuel subsidies, competition among sellers results in celebrations for buyers.
Under President Tinubu, we have had the first Christmas and Ramadan in Nigeria's history when food and fuel prices were simultaneously reduced, and neither commodity was scarce. Inflation has reduced from close to 40% to 24.48% in February.
In the past, the reverse was the case. We had fuel queues, food shortages, and higher prices during these festivities
The Man Who Saw Tomorrow
When President Tinubu removed fuel subsidies and said prices would initially rise and gradually fall, many Nigerians insulted him. Twenty months later, what he said has prophetically started manifesting in reality with the Dangote Refinery-NNPCL price war. Nigerians can expect more petrol price reductions.
As the President explained when he courageously removed fuel subsidies, competition among sellers results in celebrations for buyers.
Under President Tinubu, we have had the first Christmas and Ramadan in Nigeria's history when food and fuel prices were simultaneously reduced, and neither commodity was scarce. Inflation has reduced from close to 40% to 24.48% in February.
In the past, the reverse was the case. We had fuel queues, food shortages, and higher prices during these festivities