Presidential poll: What Tinubu’s victory signals for fuel subsidy, fuel price

With Bola Tinubu announced as President-elect in the early hours of Wednesday, come May ending, the All Progressives Congress (APC) member will start implementing his policies – and one of them is fuel subsidy removal.

Tinubu has been an advocate of the removal of fuel subsidy, condemning the act which has cost Nigeria N10.9 trillion in the last eight years.

There has been contention over the impact of fuel subsidy on citizens, with many stating that the poor don’t benefit from it, hence, it should be scrapped.