President Bola Tinubu has said that the old subsidy beneficiaries might have been resisting his decision to remove fuel subsidy.

Recall that President Tinubu announced the removal of fuel subsidy during his inaugural speech on May 29, 2023.

The decision worsened the already depleted economy, making life hard for its large population of very poor people.

The President, however, said that he would overcome his adversaries with good governance and commitment to the people.

Tinubu said his administration was deploying resources to critical sectors and areas with significant impact on the welfare of Nigerians.

The President spoke at a meeting with the Forum of State Chairmen of the All Progressives Congress, APC, at the State House in Abuja on Friday.

The programme of our government will be truly progressive; student loans, a national consumer credit system, and social welfare for the unemployed, as well as graduates.

“Every Nigerian will find a place of belonging in our country. In the eye of even the biggest hurricane, we will find that place of tranquility and prosperous harmony for the benefit of all. Nigerians will all partake on this national journey to prosperity,’’ the President said.

Tinubu told the state party chairmen, led by the National Chairman of the APC, Dr. Abdullahi Ganduje, that his government had already drawn up a blueprint for large-scale livestock farming, which will be activated soon.

As we are fighting corruption, smugglers, and old subsidy beneficiaries, they most certainly will fight back. All those who falsified records and became losers with the subsidy (on petroleum products) removal, they will fight back.

“But we will defend our people. The treasury belongs to the people, and that sacred trust must not be abused,” he said.