Shettima Reveals  Why Tinubu Had To End Fuel Subsidy

Vice-President Kashim Shettima has reacted over the recent appreciation of naira against  dollar, this is even as he assured Nigerians that the Naira will continue to appreciate against the Dollar in the foreign exchange market. 
 
Speaking during a visit by delegation of the Lagos Chamber of Commerce and Industry (LCCI) led by its President, Gabriel Idahosa, at the Presidential Villa, Abuja, the VP stated that when the Naira went haywire and some people were celebrating, they were inwardly laughing at them because they knew they have the leadership to reverse the trend. 
 
Shettima went ahead to reveal that President Bola Tinubu had to end the fuel subsidy and ensure the unification of the multiple exchange rate because “the former arrangement was producing billionaires overnight.”
 
In his words; 
 
“Naira went haywire and some people were celebrating but inwardly we were laughing at them because we knew that we had the leadership to reverse the trend. Asiwaju knows the game, and truly the naira is gaining and the difference will drop further.
“We will always thank President Tinubu for providing the blueprint for the development of Lagos that we are seeing today.  We are determined to ensure that we generate jobs for our youths. Honestly, the President’s obsession is to live in a place of glory, to transform this country to a higher level. He wants to leave a legacy, qualitative leadership because the hope of the black man, the hope of Africa rests with Nigeria.
“I want to assure you that President Bola Ahmed Tinubu is one of you. He understands your ecosystem. In this government, you have an ally and a friend.”