Politics
Atiku Accuses Tinubu Of Fabricating Claims About Petrol Subsidy Removal During Overseas Trip
Atiku Accuses Tinubu Of Fabricating Claims About Petrol Subsidy Removal During Overseas Trip
....KINDLY READ THE FULL STORY HERE▶
Former Vice President of Nigeria, Atiku Abubakar, has accused President Bola Tinubu of misrepresenting Nigeria’s fuel subsidy situation during his international visits. In a statement released on Sunday, Atiku alleged that Tinubu made false claims about the removal of petrol subsidies while in New York, Qatar, and France.
Atiku, who was the 2023 presidential candidate for the Peoples Democratic Party (PDP), expressed concerns that Tinubu’s statements could negatively impact Foreign Direct Investment (FDI) into Nigeria. He pointed out that despite the purported removal of the subsidy, petrol shortages persist in the country.
Atiku criticized the Tinubu administration for what he described as a deceptive subsidy regime, citing recent financial statements from the Nigerian National Petroleum Company Limited (NNPCL). He accused Tinubu of not only misleading international audiences but also failing to address ongoing subsidy payments, which the International Monetary Fund (IMF) estimates will represent 3% of Nigeria’s GDP this year. He also noted that despite these payments, petrol scarcity remains unresolved and expressed concerns about the potential misuse of subsidy funds for political purposes.
Breaking: Marco Rose To Take Charge At Bournemouth On Long-Term Deal
Political Tension Rises As Baba-Ahmed Challenges Tinubu, Calls Reforms Unrealistic
It’s Not Easy’ – Don Jazzy Reveals Hidden Challenges With Label Stars Like Ayra Starr
Breaking: Tinubu Approves New Police Academy Campus, Releases ₦15 Billion Funding
Controversy Erupts As Pastor Ibiyeomie Boasts: ‘I Will Be Stinkingly Rich Regardless
Breaking: Federal Government Of Nigeria Bans Cement Importation, Releases Full List Of Restricted Goods
Here’s What Happened” — Ex-Army Chief Buratai Speaks On Borno Airstrike Tragedy
Supreme Court Shocks Kano Emirate Case, Adjourns Hearing Till 2027
Succession Buzz: Olusi Reveals Who May Replace Sanwo-Olu In 2027
