Tinubu Broke Amaechi’s Political Heart – Aso Rock Source Spills

The Presidency has said that former Minister of Transportation, Rotimi Amaechi, is still grappling with the disappointment of losing the All Progressives Congress (APC) 2023 presidential ticket.

This assertion was made by President Bola Tinubu’s Special Assistant on Social Media, Dada Olusegun, on Sunday while responding to remarks Amaechi made during his 60th birthday celebration.

Olusegun dismissed Amaechi’s recent criticisms of the current administration—particularly those concerning fuel subsidy removal, foreign exchange policies, and governance—as baseless and misleading.

“Amaechi contested in the APC presidential primaries but finished a distant second behind President Tinubu. More than two years later, he seems unable to move past the defeat,” Olusegun wrote.

He added that Amaechi had re-entered the political arena just as some opposition figures are ramping up their bids for power, accusing him of spreading falsehoods about Tinubu’s government, national institutions like INEC, and even the APC itself.

“As someone who served as a federal minister and sat in the Federal Executive Council for nearly eight years, Amaechi should understand the fiscal realities that necessitated the removal of fuel subsidies. Instead, he’s chosen to align with the opposition and spread misinformation,” Olusegun continued.

He explained that the subsidy was draining national finances to the point where the Nigerian National Petroleum Company Limited (NNPCL) was no longer remitting revenue, and the government had to pre-sell crude oil to cover essential expenses like salaries.

“The removal of the fuel subsidy was critical to ending unsustainable borrowing. It freed the federal government from the financial strain of subsidising petrol,” he noted.

Olusegun concluded that Tinubu’s bold economic reforms are already yielding results, citing increased government funding for development, renewed confidence in the foreign exchange market, and continued debt servicing as signs of progress.