Subsidy Removal: Fuel queues return as Nigerians react to Tinubu’s announcement

Fuel queues appeared in some parts of Lagos on Monday evening as Nigerians rushed to fill their tanks in reaction to a declaration that there will be no fuel subsidy.

Nigeria’s new president, Bola Ahmed Tinubu stated in his inauguration speech on Monday, May 29th that the controversial fuel subsidy was not budgeted for by the Buhari administration and as such it will be removed.

However reports across social media reveal that queues appeared in several parts of Lagos shortly after the speech as they expected an increase in fuel prices.

Some social media posts reveal some stations sold petrol at about N600 per liter over 3x the official pump price of N185/ ltr.

https://twitter.com/AfrikanDude/status/1663246734829420549

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