President Bola Tinubu announced on Monday that he removed the fuel subsidy to protect the future of Nigeria’s youth and unborn generations. He made this statement during the inauguration of the National Youth Congress Planning Committee at the Presidential Villa in Abuja.
At the event, President Tinubu emphasized his administration’s dedication to empowering young people, stating that government policies are aimed at creating a better future. “You are the hope of the country,” he said, urging the youth to take their roles seriously in shaping Nigeria’s development.
The President explained that removing the fuel subsidy is a step toward investing in infrastructure and creating opportunities that will encourage young people to stay in Nigeria rather than leave for better prospects abroad. He acknowledged concerns about the trend of young Nigerians seeking opportunities outside the country and expressed his commitment to fostering a prosperous environment at home.
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Tinubu reflected on the challenges his administration faced at the beginning, saying that the economy is now improving, with falling prices and increasing investor confidence. He encouraged the youth to share their ideas and suggestions for the country’s development, promising to listen and implement their feedback.
During the inauguration, he emphasized the importance of using technology and improving farming conditions to empower young people and achieve food sovereignty in Nigeria. “I can’t be young again, but I envy all of you,” he added, showing his support for the youth.
Minister of Youth Development, Ayodele Olawande, also spoke at the event, stating that the confab aims to promote youth engagement in governance. He highlighted that the committee members were carefully chosen from various sectors, including finance, civil society, and international organizations, to ensure diverse representation.
Samson Itodo, a member of the planning committee and Executive Director of Yiaga Africa, praised President Tinubu for recognizing the importance of youth in shaping the nation’s future.
