Ayodele Fayose, a chieftain of the Peoples Democratic Party, PDP, on Wednesday, reacted to the removal of the fuel subsidy regime by President Bola Ahmed Tinubu.

Tinubu had, during his inaugural speech on Monday, said the subsidy is no longer sustainable in Nigeria, stressing that it is gone.

Reacting to the development, Fayose, in a series of tweets via his Twitter handle on Wednesday, said that Tinubu has taken the best and wisest decision for the collective good of Nigeria and its people.

Fayose tweeted, “On this removal of fuel subsidy, I am convinced that President Tinubu has taken the best and the wisest decision for the collective good of Nigeria and its people. He promised to remove the subsidy, he never hid it.

“Most importantly, too, the immediate past govt already removed fuel subsidy technically by not making provision for it in the 2023 budget.

“I appeal to Nigerians to bear with the government for now as the present hardship will ease out with time.

“Removing the fuel subsidy is the best thing to do and it has to be done once and for all.

“Unfortunately, the subsidy regime has only been benefiting a few people in the oil industry and Nigeria must break this chain once and for all.

“No doubt, President Tinubu is not a magician who can manufacture money. He can only strategically reposition the country, using his experience and intellect, which he has started.

“Many govts have come and paid lip service to all these issues, it is time to sustain our country by taking decisions that may be seen as harsh but can return the country back to the path of progress.

“The NLC and all interested parties, especially ordinary Nigerians should realize that the last administration did more damage and the new government can only find ways and means to stabilize the country.

“Sadly, like typical Nigerians who are always desirous of taking advantage of every situation, the fuel marketers are only interested in making money for themselves, and methinks the govt should come very hard on them this time. Anyone among them found to be hoarding fuel or selling at an exorbitant rate should be dealt with.”