President Tinubu: “I Can Beat My Chest and Say State Allocations Have Tripled Since Fuel Subsidy Removal”

President Bola Tinubu has reassured Nigerians that his administration remains unwavering in its dedication to national progress, despite persistent criticism from opposition groups.

The President made these remarks while addressing members of the All Progressives Congress (APC) National Caucus at the State House Conference Center in Abuja on Tuesday night, February 25.

He emphasized that his administration is committed to achieving tangible results rather than being sidetracked by political distractions.

“Our determination to deliver is unshaken despite the cacophony of misguided, unfounded, and gloomy claims made by our detractors, they will continue to talk, but we are extremely focused,” Tinubu declared.

The President acknowledged that the implementation of certain economic policies, such as the removal of fuel subsidies, has presented challenges. However, he insisted that such reforms were necessary to stabilize the nation’s economy.

He argued that Nigeria could not have sustained itself under the previous subsidy regime, highlighting that state governments are now receiving increased allocations, enabling them to execute development projects more effectively.

“It is a daunting challenge. The policies are difficult, but there was no way Nigeria would have survived with the burden of fuel subsidies. Today, I can beat my chest and say that each governor here knows that their allocations to the states have tripled. We have enough funding for the local governments.” he said.