President Bola Tinubu is urging Nigerians to be patient – amid a spike in petrol and food prices. The economic upheaval follows Tinubu’s decision to end a long-standing fuel subsidy on his first day in office, last month. He argues the subsidy kept the price of petrol artificially low but at too-high a cost for the govt to bare. (Last year it totalled some 10 billion dollars). Speaking this Monday, Tinubu said the money-saved from the subsidy would be diverted to education and healthcare. FRANCE 24’s correspondent Sam Olu Koya reports from Lagos
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