Speaking on Channels Television’s Politics Today on Thursday, Dare highlighted Tinubu’s decision to end the long-standing fuel subsidy, a move that he said past presidents had promised but never fulfilled.
“You know, the subsidy was draining this country. A few hundred were making billions out of it,” Dare explained.
He further stated, “Every president said they would stop the subsidy. None of them did. Let’s give this man some credit. We might not like it.”
Since President Tinubu declared the end of the subsidy during his inauguration, fuel prices have surged from around N200 per litre to over N1,000, significantly impacting Nigerians who depend on the commodity for everyday needs.
However, Dare insists the president is dedicated to implementing lasting solutions for Nigeria’s economic recovery.
“Tinubu is adept at governance—a man who burns the midnight oil when others are resting,” the former Minister of Sports and Youth Development stated, describing the president’s work ethic. “This is a man I worked with for seven years, and we often sleep at 4, 5, or 6 in the morning.”...Read Full Article [Click Here>]
Dare also noted that the president’s choice to float the naira and implement other challenging reforms, while painful, is aimed at tackling deep-rooted issues in Nigeria’s economy.
He called these decisions “audacious moves,” and said Tinubu had taken the “road less traveled” in a bid to fix persistent economic problems.
Though the reforms have stirred protests and demonstrations, with Nigerians expressing frustration over increased costs of living, Dare remains optimistic, saying that patience will reveal the long-term benefits of Tinubu’s policies.
“What Tinubu has been doing is trying to fix the problem,” Dare said, reaffirming the president’s commitment to Nigeria’s economic stability and growth.
President Tinubu has acknowledged the current economic difficulties but remains committed to seeing the reforms through, urging Nigerians to bear with the government as it works toward a brighter future.
