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Barely 24hours after Bola Tinubu was sworn in as Nigeria President, Nigerians have cried out over increased hardship being experienced on roads and some other areas of the economy
While many attributed it to the pronouncement made by President Bola Tinubu during his acceptance speech after swearing in, others still believed it’s as a result of already existing policy of previous government of Former President Buhari.
President Tinubu had on Monday stated that “Fuel Subsidy is gone”. A statement which led to panic buying of petroleum products as petrol users rushed down to start stocking petrol for use.
True Blue Reporters was on the roads of Port Harcourt and confirm large number of road users finding it difficult to board vehicles to their respective places of choice.
While many were seen stranded around Rumuola area of Port Harcourt, others around NTA road, Rumuokoro, Stadium road, Aba Road, Greek road and so on were also faced with difficulties.
The available vehicles carrying road users increased the transportation charge, as they complained of rise in Fuel price.
The announcement by President Bola Tinubu that fuel Subsidy was not included in the budget already prepared by President Buhari administration have began to bite hard on Nigeria economy as several areas of the economy now experience rising inflation.
It is still not clear if the president will look out for a fast approach towards resolving the issue of possible petroleum scarcity and high price sale in the country as it’s already telling on the masses.
True Blue Reporters reports that most why most petrol stations are locked under keys, the ones selling are now selling at about 500 naira and above, as the prices continue to carry from petrol stations to the other.
Nigerians are looking forward to a better governance from the incumbent government led by President Bola Ahmed Tinubu