The Federal Government has stated that it will not reinstate the petrol subsidy regime. This declaration was made during an Independence lecture. According to the government, the reforms implemented by President Bola Tinubu were necessary to prevent the country from collapse.

The Secretary to the Government of the Federation, Senator George Akume, made this announcement. He emphasized the importance of the reforms in saving the country.

Further details about the government's stance on the petrol subsidy regime can be found in the source publication.