President Bola Tinubu announced the removal of the fuel subsidy during his inaugural speech on Monday.
Adegoroye, who declared that President Tinubu meant well for the country by pronouncing the removal of the subsidy, said the President would soon take some measures that would alleviate the suffering of the people.
This was contained in a statement he issued on Wednesday and made available in Akure, the Ondo State capital.
According to the former minister, the removal of the subsidy was a good development for Nigeria going given the corruption embedded in the oil sector.
He said, “President Bola Tinubu demonstrated his sincerity and forthrightness to move Nigeria forward, to be true to Nigeria when he stated before the general elections that fuel subsidy will go once he becomes President.
“He (Tinubu) even went on to say that no matter how long Nigerians demonstrate, subsidy is a cankerworm that has stifled our economy and it only fans the embers of corruption and that retaining it will do us no good.
“What he did by those words even before the elections was that he was coming to work for Nigeria and not to play politics with us. Only Chief Obafemi Awolowo used to demonstrate such honesty and in recent times, Oluwarotimi Akeredolu.
I recall that he even said that despite those utterances, he will still go on to win the elections.
“Nigerians ought to be prepared as notice was given. We pray for more sincere leaders like Tinubu. Let Nigerians be assured that this is a govt that cares for their welfare and as such, Mr President will shortly take well-considered measures to alleviate the suffering of Nigerians arising from the no subsidy regime.”
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