Nigeria's President Addresses Fuel Subsidy Crisis Amid Protests

Source:Premium Times Nigeria
June 29, 2025
Nigeria
politics
breaking
negative
fuel subsidy
protests
inflation
government policy

In a nationwide broadcast on June 29, 2025, President Bola Tinubu addressed the ongoing protests over the removal of fuel subsidies, which have led to skyrocketing fuel prices and inflation. The President defended the policy, stating that subsidies were unsustainable and drained national resources. He announced palliative measures, including a N50,000 grant for low-income families and subsidized transport for workers. However, protest leaders have called the measures insufficient, demanding a full reversal of the subsidy removal. The protests, which began last week, have seen clashes between demonstrators and security forces in Lagos and Abuja, with reports of injuries on both sides. The government has urged calm while deploying additional security to hotspot areas.

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