Charly Boy, a prominent Nigerian singer and socio-political activist, has expressed concern over President Bola Tinubu’s plan to remove fuel subsidies. In a tweet, Charly Boy stated that the newly inaugurated president has broken a record by making this decision.
President Tinubu announced during his inaugural speech that fuel subsidies would no longer be sustained. This announcement has generated mixed reactions from various stakeholders, with some applauding the president for taking a bold step, while others believe that the policy is being implemented at the wrong time.
Charly Boy lamented that Tinubu’s remarks on the subsidy had already triggered an increase in fuel prices in parts of the country. He questioned whether those who are praising the president for the move would also bear the consequences of the increased fuel prices.
In his tweet, Charly Boy wrote, “Tinubu don break record within 24 hours after swearing-in. Fuel scarcity and fuel price have increased after announcing fuel subsidy removal. Day 1 hitting the ground running. The question is, are the BATIS going to buy this fuel in different prices from what We Buy??? We go soon learn.”
Charly Boy’s statement reflects his concern about the immediate impact of the removal of fuel subsidies and raises questions about potential disparities in fuel prices between the political class and the general public.
