Tinubu Uses Moses’ Egypt Story To Defend End Of Fuel Subsidy

President Bola Tinubu has reaffirmed that the fuel subsidy program will not be reinstated, claiming that his administration made a daring and essential move to reform the nation’s economy.

On Monday, Tinubu addressed the City Boy Movement, a youth-led political and advocacy organization that was established to support the policies of his administration.

“I came, and I removed the subsidy on my first day. Nigeria would have gone bankrupt; there was nothing left to pay for subsidies,” he said. “I could listen to my political opponents promising a return to subsidy.”

Drawing a religious analogy, the president added, “I remember my scripture studies, both in the Bible and the Holy Quran. When Moses (Musa) left Egypt, the Red Sea parted and gave way. You cannot ask Moses to go back to Egypt. With your energy and support, we will never go back to Egypt.”

The former Lagos State governor commended the organisation for drumming up support for his administration and urged members to take his government’s achievements to the grassroots.

“Those of you who are lucky to work with me have given me all the answers needed and the confidence required to see the coming election as a simple matter,” Tinubu stated. “You will go to your campuses, your markets, and your villages. Make sure every young person you know has a PVC and uses it. Tell them what we have done and tell them what we will do. Campaign with your ideas.”

During his inauguration in May 2023, President Tinubu declared that fuel subsidies would be eliminated. Petrol pump prices immediately increased as a result of the policy change, going from less than ₦200 per liter to the current range of ₦1,350 to ₦1,405 per liter across major filling stations.

The president is unwavering in his position despite the policy’s widespread criticism due to the increased cost of living. The federal government assures citizens that the initial economic hardship will eventually subside, arguing that the decision is necessary to restart the country’s economy.

Tinubu has made it clear that there will be no return to fuel subsidies, insisting that Nigeria must move forward. However, for many people, the cost of living remains high, and daily life is increasingly difficult. As the government stands by its decision, many Nigerians are hoping for practical measures to ease the burden and support those most affected.