{"id":271143,"date":"2023-05-30T06:47:41","date_gmt":"2023-05-30T05:47:41","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=271143"},"modified":"2023-05-30T06:47:41","modified_gmt":"2023-05-30T05:47:41","slug":"shehu-sani-reacts-as-tinubu-announces-decision-to-remove-fuel-subsidy","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2023\/05\/30\/shehu-sani-reacts-as-tinubu-announces-decision-to-remove-fuel-subsidy\/","title":{"rendered":"Shehu Sani Reacts As Tinubu Announces Decision To Remove Fuel Subsidy"},"content":{"rendered":"<p>Senator Shehu Sani, a former federal lawmaker, has reacted to President Bola Tinubu&#8217;s <a href=\"https:\/\/www.withinnigeria.com\/2023\/04\/26\/analysis-fuel-subsidy-removal-and-effect-on-nigerias-economy\/\">removal of the fuel subsidy<\/a> regime.<\/p>\n<p>WITHIN NIGERIA recalls Tinubu announcing during his inaugural speech that subsidy is no longer sustainable in the country, emphasizing that it is gone.<\/p>\n<p>Sani responded on Twitter, praising the newly sworn-in president for taking such a bold step.<\/p>\n<p>He stated that now is the time to make decisions that will revitalize the nation&#8217;s economy.<\/p>\n<p>He bemoaned that the petrol subsidy was draining the country&#8217;s coffers and that it was past time to put an end to the deception.<\/p>\n<p><strong>He wrote:<\/strong><\/p>\n<blockquote><p><em>Within seven months last year, the CBN \u2018defended\u2019 the naira with $11.24 billion. Currently, petrol subsidy consumes N400 billion monthly.<\/em><\/p>\n<div class=\"google-auto-placed ap_container\"><ins class=\"adsbygoogle adsbygoogle-noablate\" data-ad-format=\"auto\" data-ad-client=\"ca-pub-2436370745787577\" data-adsbygoogle-status=\"done\" data-ad-status=\"filled\"><\/p>\n<div id=\"aswift_4_host\" title=\"Advertisement\" aria-label=\"Advertisement\"><\/div>\n<p><\/ins><\/div>\n<p><em>There is no better time to take tough economic decisions to revamp our economy than now. The culture of allocating foreign exchange to elites with multiple bureaus de change to sell on the black market must end.<\/em><\/p>\n<p><em>The opacity of the subsidy regime\u2019s chains of fraud must also end.<\/em><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Senator Shehu Sani, a former federal lawmaker, has reacted to President Bola Tinubu&#8217;s removal of the fuel subsidy regime. WITHIN NIGERIA recalls Tinubu announcing during his inaugural speech that subsidy is no longer sustainable in the country, emphasizing that it is gone. Sani responded on Twitter, praising the newly sworn-in president for taking such a [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":231698,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"0","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[2],"tags":[9029,6769,65112,2571,21146],"class_list":["post-271143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-ahmed-bola-tinubu","tag-bola-tinubu","tag-former-federal-lawmaker","tag-fuel-subsidy","tag-senator-shehu-sani"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Shehu Sani Reacts As Tinubu Announces Decision To Remove Fuel Subsidy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2023\/05\/30\/shehu-sani-reacts-as-tinubu-announces-decision-to-remove-fuel-subsidy\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shehu Sani Reacts As Tinubu Announces Decision To Remove Fuel Subsidy\" \/>\n<meta property=\"og:description\" content=\"Senator Shehu Sani, a former federal lawmaker, has reacted to President Bola Tinubu&#039;s removal of the fuel subsidy regime. 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