Tinubu Says Criticism Over Fuel Subsidy Removal Was ‘High Voltage,’ Insists Nigeria Is Better Off

President Bola Tinubu has acknowledged the intense criticism that trailed his administration’s decision to remove fuel subsidy, describing the backlash as “high voltage,” while insisting that Nigeria is ultimately better off as a result of the reform.

The President made the remarks during an interfaith breaking of fast (Iftar) with members of the House of Representatives in Abuja. Addressing lawmakers, Tinubu reflected on the early days of his administration when he announced the immediate removal of fuel subsidy and later supported the floating of the naira.

According to him, many Nigerians initially struggled to understand the direction of his economic thinking, particularly regarding subsidy removal and foreign exchange reforms. However, he expressed gratitude that members of the National Assembly did not pressure him to reverse the policy despite mounting public outcry.

“It was initially very difficult at the beginning for people to realize the direction of my thinking,” Tinubu said. “But I’m glad that with the heat of the critics, none of you came to me to say can you reverse the removal of subsidy or can you change the foreign exchange floatation of naira. I am glad we are out of the dark tunnel.”

Defending the Reform

Fuel subsidy removal has long been a contentious issue in Nigeria’s political and economic history. Successive administrations grappled with the policy due to concerns about corruption, fiscal sustainability, and its impact on ordinary citizens. Tinubu reiterated that the reform was necessary to prevent further economic strain and to redirect public funds to critical sectors.

He praised lawmakers for what he described as teamwork and collaboration, saying their support inspired him to push through with the reform despite intense opposition.

“You collaborated and joined together as a team and gave me the inspiration to move on because the heat was high voltage from the critics, but today we are better off for it,” he stated.

The President also hinted at political continuity, suggesting that supportive lawmakers deserve another term in office, subject to party processes.

Mixed Reactions From Nigerians

Tinubu’s comments quickly sparked widespread reactions across social media and public forums. Critics accused the administration of failing to deliver visible relief despite the hardship that followed subsidy removal. Many Nigerians continue to grapple with rising fuel prices, increased transportation costs, food inflation, and broader economic pressures.

Some commentators recalled how Tinubu had previously criticized former President Goodluck Jonathan during the 2012 Occupy Nigeria protests over subsidy removal, arguing that political positions on the issue have shifted over time.

Others, however, defended the President’s decision, describing subsidy removal as inevitable and long overdue. Supporters argue that while short-term pain is undeniable, the reform lays a foundation for fiscal discipline and long-term economic restructuring.

Economic Debate Continues

Analysts remain divided on the measurable impact of subsidy removal. Proponents argue that it has reduced government expenditure on petrol imports and limited opportunities for corruption in the subsidy regime. They also point to exchange rate unification as a step toward attracting foreign investment.

On the other hand, critics contend that the anticipated benefits have yet to translate into tangible improvements for average Nigerians. Inflation remains high, food prices continue to rise, and borrowing levels have increased, raising questions about fiscal management.

Some observers note that local refining capacity, particularly from the Dangote Refinery, could play a significant role in cushioning fuel price volatility over time. However, market forces continue to influence pump prices.

Looking Ahead

As economic reforms progress, the administration faces mounting pressure to demonstrate clear results in infrastructure, job creation, security, and social welfare. While Tinubu insists the country has emerged from a “dark tunnel,” many citizens say the real test will be visible improvements in living standards.

The debate over fuel subsidy removal remains one of the defining policy discussions of Tinubu’s presidency — one that continues to shape Nigeria’s political and economic landscape.