In the same vein, the governors of all 36 states have also given the thumbs up to the removal of petrol subsidies. 

Likewise, major oil marketers also made a bold move by bestowing the keys to 100 mass transit buses worth a staggering N10 billion to the federal government, in an effort to soften the blow of subsidy removal.

During a courtesy call on President Tinubu by major oil marketers, the governor of Ogun State, Dapo Abiodun, made this statement while visiting the Presidential Villa in Abuja yesterday.

The governor briefed State House correspondents, stating that the marketers visited the presidential villa to show support for the president's decision to end subsidy payment.

The governor highlighted that Tinubu's actions demonstrated his determination and bravery in addressing the long-standing issue that has plagued the country.

He pointed out that Nigeria currently spends approximately N4 trillion annually on subsidies, and going forward, these funds should be directed to the Federation Account Allocation Committee (FAAC) for distribution among the three tiers of government.

Although the governor acknowledged that there may be some discomfort for the people initially, he emphasized that the benefits of this move would outweigh the temporary challenges, as progress often requires sacrifices.

Dame Winifred Akpani, the Chairman of DAPPMAN, expressed the major oil marketers' unwavering support for the federal government during their courtesy visit.

She acknowledged the difficulties caused by the removal of subsidies in the country but remained optimistic that it would ultimately reposition Nigeria for the better.

Dame Akpani highlighted that Nigeria had already spent over N2 trillion in the first three months of 2023 alone, emphasizing that if the current payment structure persisted, the amount could rise to N7 trillion by the end of the year.