Why some Nigerians will never forgive Tinubu – Sunday Dare

Sunday Dare, Special Adviser on Media and Publicity Communication to President Bola Tinubu, says some Nigerians will never forgive his principal for floating the Naira and removing fuel subsidy.

Dare made this known during a recent appearance on the Mic On podcast, where he discussed the backlash Tinubu has faced from various quarters.

Responding to a question about which powerful interests the president may have upset, Dare pointed to ongoing structural changes in the economy.

“Look at the reforms that are ongoing. Take the oil sector. Some of these things are off the radar,” he said.

“You know how many people benefit from the subsidy value chain? Nigerians from all parts of the country.

“I don’t want to characterize them as oil mafia. But we know there are people who tried to stop the oil subsidy removal.”

He further highlighted how foreign exchange reforms under Tinubu disrupted entrenched financial interests.

“Let’s take the floating of the Naira. Billionaires were created within months under the previous government. The arbitrage was massive.

“Tinubu had the choice to let it go. To let the party go on. In any case, everyone would have benefited from it. But he put a stop to it.

“In that chain, there are people today who will never forgive Tinubu for floating the naira and removing the subsidy from forex,” he added.