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Fuel Subsidy: APC setting up landmines for Tinubu – Atiku’s aide

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NAIJA NEWS: Fuel Subsidy: APC setting up landmines for Tinubu – Atiku’s aide [New Naija News] » Naijacrawl
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An aide of Atiku Abubakar, the 2023 presidential candidate of the Peoples Democratic Party, PDP, Daniel Bwala, has accused the All Progressives Congress, APC, of setting up landmines for the President-elect, Bola Tinubu.



Bwala spoke in reaction to the controversy over the planned removal of fuel subsidies by the President Muhammadu Buhari-led Federal Government.

Bwala recalled how APC had promised to remove fuel subsidies within 18 months but had failed to do so.

In a tweet, Bwala wrote: “You remember when All Promise Cancelled (APC) promised to remove fuel subsidies before the dateline as provided by the PIA?

“Well, June 1st will make it 18 months max limit, but yesterday they decided to abandon it, thereby setting up a landmine for the President-select.”

Recall that the National Economic Council, NEC, had deliberated on the issue extensively and concluded that it would not be wise to remove subsidy while the new administration is trying to settle down.

The Minister of Finance, Budget and National Planning, Ahmed Zaniab, said the Federal Government would interface with relevant stakeholders like the Nigeria Labour Congress, NLC, and other petroleum marketers.

She said the existing committee that has been discussing the fuel subsidy issue needed to be expanded to enable more input from concerned Nigerians.

In 2012, former president Goodluck Jonathan’s bold attempt to do away with subsidies sparked widespread protests nationwide.

Many Nigerians argued that the policy would increase the cost of living and hardship for ordinary citizens.

Labour unions, civil society organisations, and opposition political parties, including the then opposition – the All Progressives Congress, APC – led the protests.

However, the President Muhammadu Buhari-led government had announced that the subsidy policy would end by June when the budget for the initiative would expire.

The timeline coincides with the end of Buhari’s second term as the president, the maximum allowed by the constitution.

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Ojo Sunday Victor, A Professional Graphics Designer, and a skilled Content Writer in Entertainment, News and Sport Update.!An Undergraduate in Ladoke Akintola University of Technology (LAUTECH, Ogbomoso). Read More

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Fuel Subsidy: Adeleke promises to provide palliatives for Osun people

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NAIJA NEWS: Fuel Subsidy: Adeleke promises to provide palliatives for Osun people [New Naija News] » Naijacrawl
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The Osun State Governor, Ademola Adeleke, has once again reiterated the readiness of his administration to make life easy for residents of the state.The Governor also disclosed plans by his administration to launch palliatives to cushion the effects of subsidy removal on the people of the state.He disclosed this on Friday during a visit by a former governor of the state, Olagunsoye Oyinlola, and other stakeholders of the Osun Peoples Democratic Party, PDP.While stre...
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Fuel Subsidy Removal: FG saves N400bn in four weeks – Operators

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NAIJA NEWS: Fuel Subsidy Removal: FG saves N400bn in four weeks – Operators [New Naija News] » Naijacrawl
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Operators within the downstream oil and gas sector have said the federal government has raked in N400 billion due to fuel subsidy removal in the last 30 days.On Friday, Chinedu Okonkwo, National President of the Independent Petroleum Marketers Association of Nigeria, disclosed this in an interview with the Daily Post.Recall that in a meeting with oil and gas operators in February, Mele Kyari, the Group Chief Executive Officer of Nigerian National Petroleum Corporati...
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Fuel Subsidy: Oshiomhole rules out return to old price, as TUC insists on N194/liter

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NAIJA NEWS: Fuel Subsidy: Oshiomhole rules out return to old price, as TUC insists on N194/liter [New Naija News] » Naijacrawl
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