According to Imo State Governor Hope Uzodinma, the administration of President Bola Tinubu is now providing the state government with extra funding.

According to Uzodinma, the current development is the result of the withdrawal of fuel subsidies.

The governor claimed that the elimination of gasoline subsidies is a boon to state governments while he was inspecting a few projects on Monday to commemorate the start of his second term.

When weighing the drawbacks of eliminating gasoline subsidies against the advantages of socio-infrastructure, social benefits, and the ease of doing business brought about by the establishment of enabling infrastructure, he stated, “I believe it is a blessing.”

Because more money is now flowing to states and state governments need to demonstrate to the public that they can accomplish these things because they now receive more money as a result of the federal government’s removal of fuel subsidies, “it is a direct blessing, it is not a disguise to the sub-nationals.”

On May 29, 2023, Tinubu announced the termination of the fuel subsidy program.

Tinubu declared after his inauguration as president in Abuja that his government would no longer cover the fuel subsidy.