BUSINESS DAY
The President of Nigeria, Bola Tinubu, on Friday, said the rise in Premium Motor Spirit (PMS) price is a very crucial decision to foster Nigeria’s growth.
The president who made this known at a meeting with Nigerians in Beijing, China, after rounding off his official engagements in the country, stated this through a statement by his spokesperson, Ajuri Ngelale.
While stating the hike in the petrol price hike and other adjustments by the current administration are part of the agenda to place Nigeria on economic growth, he noted that the decisions taken are “very bold and unprecedented.”
“Nigeria is going through reforms, and we are taking very bold and unprecedented decisions. For example, you might have been hearing from home in the last few days about fuel prices.
“But, can we help it? Can we develop good roads like you have here? You see electricity being constant in quantity and quality. You see water supply, constant and running, and you see their good schools. And we say we want to hand over a banner without stain to our children?
“What is the critical part to get us there if we cannot take hard decisions to pave the way for a country that is blessed and so talented?
“So many of you are so talented, speaking very fluent Mandarin. It is what you contribute and tell them at home that will reflect in the attitude of our people.”
“The more you want everything free, it will become more expensive and long-delayed to achieve meaningful development,’’ he said.
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