TINUBU Is LYING? Atiku Drops Another Critical Bombshell, Reveals How Tinubu’s Government Is Paying Fuel
Subsidy Former Vice President Atiku Abubakar has called for transparency from President Bola Tinubu’s administration regarding the contentious issue of fuel subsidy removal. In a pointed critique posted on his X account on Wednesday, Abubakar accused the government of deceiving Nigerians about the status and spending on fuel subsidies.
Abubakar, who was the Peoples Democratic Party’s presidential candidate, criticized the administration for its contradictory stance. “Nigerians deserve better than this deception, “he asserted, highlighting the government’ s claims and actions regarding fuel subsidies as inconsistent and misleading.
Abubakar’ s criticism extends beyond the initial announcement. He reiterated his call for the government to clarify its subsidy policy. “I had in my statement reviewing the one year of the Bola Tinubu administration urged the government to come clean. on the actual position of the subsidy policy, Abubakar said. He emphasized the need for transparency. on the fiscal commitments and benefits of the fuel subsidy reform, as well as its impact on the Federation Accounts.
The former vice president also raised concerns about the resurgence of fuel queues and the black market for fuel since April 2024, ” It is curious that since April 2024, fuel queues have mounted at many filling stations. across Nigeria, and the infamous black market’ has sprouted in several states, “he remarked. Abubakar questioned the amount of PMS being imported and distributed, the associated costs, and the implicit subsidy involved. Abubakar’ s critique comes amid reports suggesting that the government continues to support downstream consumption despite earlier claims of subsidy removal. He expressed his shock upon learning from media reports that the government is still providing financial support for fuel. “Now we know that expenditure on fuel subsidy may reach N5. 4 trillion in 2024, compared to the N3. 6 trillion spent in 2023, the same year that Tinubu claimed to have abolished fuel subsidy, “he noted.
The former vice president did not hold back in his condemnation of the government’s economic policies. “I wish to restate that Nigeria is not working, and what we have had in a little over a year is a cocktail of trial- and- error economic policies, ‘he declared.
Abubakar underscored the point that continuing to pay subsidies while denying their existence is not an achievement. “Paying subsidies and lying about it is nothing to brag about.
Nigerians deserve better than this deception, “he concluded.
In summary, Abubakar’s demand for clarity and honesty from the Tinubu’s ministration regarding fuel subsidies underscores a critical issue facing Nigeria’s economic policy. What is your thoughts about this news kindly say something about it also don’t forget to follow this page for more update on politics news.
News Sources:
Scooper