Tinubu assumes duties at Aso Villa, meets Emefiele, Kyari over petrol scarcity
President Bola Ahmed Tinubu on Tuesday assumed duties at the Presidential Villa In Abuja 24 hours after inauguration on Monday.
He was received at the villa by Vice President Kashim Shettima and high-ranking government officials, including Femi Gbajabiamila, Speaker of the House of Representatives, and Tijjani Umar, Permanent Secretary of the State House.
Others in attendance included Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), Mele Kyari, Group Chief Executive officer of the Nigerian National Petroleum Company Limited (NNPCL), Wale Edun, former Lagos State Commissioner for Finance, Dele Alake, and James Faleke.
It was gathered that Tinubu was scheduled to hold a meeting with Kyari and Emefiele to address the brewing fuel crisis.
Recall that during his inaugural speech , Tinubu said “subsidy is gone” because the 2023 appropriation has no provision for it.
After the pronouncement, there have been huge queues at filling stations in some parts of Nigeria due to panic buying.
However, the president said plans of the past administration in phasing out the petrol subsidy regime which has increasingly favoured the rich more than the poor was a welcome idea.
He said petrol subsidy funds would be directed to more important projects to improve the economy
