Nigeria, May 30 -- President Bola Ahmed Tinubu on Friday said the removal of fuel subsidy by his administration saved the country from imminent bankruptcy and laid the foundation for the gradual recovery of the nation's economy.

He spoke when he hosted state governors who came to celebrate with him the Sallah and the third anniversary of the administration.

In attendance were the Governors of Lagos, Nasarawa, Jigawa, Sokoto, Kebbi, Taraba, Niger, Ekiti, Delta, Ondo, Edo, Adamawa, Benue, Enugu, Ogun, and Kogi States, as well as the deputy governors of Borno and Kano.

President Tinubu acknowledged that the decision to remove the subsidy was difficult and painful for many Nigerians, but stressed that it became necessary to rescue the cou...