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President Bola Ahmed Tinubu has disclosed that his first fiscal intervention as President to end the fuel subsidy regime had proven to be so harmful to the overall health of the nation’s economy.

Speaking during the 2024 budget presentation to the joint session of the National Assembly, Tinubu said, “It is, by now, a matter of recorded history that my very first fiscal intervention as President of this great nation was to end the fuel subsidy regime which had proven to be so harmful to the overall health of our national economy.”

Tinubu, who also said that defence and internal security are accorded top priority, added that “the internal security architecture will be overhauled to enhance law enforcement capabilities and safeguard lives, property and investments across the country.”

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