President Bola Tinubu has received praise from the House of Representatives for his decision to stop the subsidy on Premium Motor Spirit, often known as gasoline.
The praise followed the unanimous passage of a resolution of urgent public concern proposed by Jimoh Olajide (APC/Lagos), a member of the House, during the plenary on Tuesday.
In his inauguration speech on Monday, Tinubu made a suggestion that his administration would eliminate the gasoline subsidy.
Soon after being sworn in as the 16th President of Nigeria, Tinubu made the remark “Subsidy is gone” in his inauguration speech at Eagle Square, Abuja. This statement sparked racketeering and panic purchasing throughout the petroleum product supply chain.
Olajide moved the motion, stating that Tinubu “is a concerned senior citizen whose agenda is to favor the downtrodden for the purpose of humanity,” noting that the subsidy has received legal support from the current 9th National Assembly and the Buhari-led government.
The House is certain that more legislative acts supporting the President’s efforts to give democratic dividends would significantly advance development since he asked for it and actively pushed for it, he added. He is prepared for the work that lies ahead.
The House is confident that President Bola Ahmed Tinubu, the tutor general of Nigerian politics, cares about the general populace and has a real purpose to spend Nigeria’s finances wisely, with a budgetary reform agenda on education, health, infrastructure, agriculture, food, security, and, above all, security of lives and property as embedded in the Constitution.”
Olajide asked the House to “salute his courage and boldness to serve our country Nigeria with honesty and integrity” and to “congratulate him for his readiness for the national task ahead and service to humanity.”
The legislator also asked the House to “appeal to Nigerians to remain patient, resilient, and prayerful so that the President can deliver on his promises.”
The proposal and the prayers were unanimously adopted by the MPs.