June 07, (THEWILL) – President Bola Ahmed Tinubu, on Wednesday, at the Council Chambers of the Presidential Villa, Abuja, met with major oil marketers.
They were led to the meeting by Governor Dapo Abiodun of Ogun State, who is a former Chairman of the oil marketers association.
The President’s meeting with the oil marketers came amid an increase in the pump price of petrol following the removal of subsidy on the product.
President Bola Tinubu, during his inaugural speech on May 29 at Eagle Square in Abuja, had announced the removal of subsidy payment on petrol.
Addressing State House correspondents after the meeting, Governor Abiodun said the marketers were at the Villa to express solidarity with the President for his bold decision to end subsidy payment.
He noted that Tinubu’s action showed his determination and courage to remove the haemorrhage that had bedevilled the country for decades.
Governor Abiodun disclosed that the President has directed the National Economic Council (NEC) led by Vice President Kashim Shettima to begin the process of working on interventions to ameliorate the impact of fuel subsidy removal on Nigerians
The marketers also announced their intention to donate 50 to 100 mass transit buses as a way to help the success of the initiative, hoping that other well-meaning corporate bodies can do the same.