The presidential candidate of All Progressives Congress, APC, Bola Tinubu, yesterday assured business leaders in the country that if elected in the February 2023 election, he would phase out Nigeria’s controversial petroleum subsidy regime.
He also told members of the private sector that his administration would reinvent Nigeria’s industrialisation and make the country a leader in the fourth industrial revolution by accelerating the production of made-in-Nigeria goods.
Tinubu made these declarations yesterday in Lagos during a town hall meeting with the business community/organised private sector (OPS).
“I am determined to give you affordable and reliable power to light the entire economy as we cannot produce without constant electricity. We have what it takes to bring it to you all; we have the gas, sun, wind and water. As for petroleum subsidy, it has to be removed and my administration would see to the implementation of the Petroleum Industry Act (PIA),” he said.