Subsidy And Exchange Rate Cabals Want Me Dead – Tinubu

Bola Tinubu

President Bola Tinubu has said that oil subsidy and exchange rate cabals want him dead. This comes following the twin policies he introduced when he assumed office in 2023, and Nigerians have been reacting.

Speaking at the launching of the book, “The NADECO Story” written by Chief Ayo Opadokun, via former Ogun State governor, Olusegun Osoba, Tinubu commended NADECO for the struggle, insisting that he wouldn’t be in power today without the movement.

BAT added that he is currently working hard to apprehend those who are deliberately trying to disrupt the peace in Nigeria.

His words, “As for security, he says, I should let you know, that he is aware that there is a deliberate attempt to disrupt the peace of this country by people whom he knew he had offended by canceling multiple exchange rates and by canceling oil subsidies.

He said those cabals who are doing round-tripping will wish him dead any time but he is determined that if that is the only thing he would do, he would make sure he rearranges the economy. No matter what, he is determined to face it. So that’s the message from Mr. President.

The President asked me to tell you that he is fully with you, and he still has his tremendous respect that he would not have been where he is today if not for all of you here who have fought to entrench democracy.

He says he is ever grateful for what all of you have done to bring this country to where we are today, and he has also asked methat, by the grace of God, many of the things that you people have been asking him to do, that when he gets his second term, he is going to start implementing some of the political issues. He said the major issue before him now is the economy and security.

You all can see now that the security situation is now moving gradually into the South-West zone. So he says the first major thing he is facing now is the economy, and, you all can see that the difference between the parallel market and official market exchange rate is virtually zero now. The Naira, which they thought would be N2,000 to 1 dollar, is now 1,380 or thereabouts.

In fact, he says he is not going to allow the Naira to get too strong. He does not want to create confusion for those who have brought money at about N1,500 and other goods.”

WOW.