The 36 state governors under the aegis of the Nigeria Governors’ Forum (NGF) have rejected allegations that state governments have failed to account properly for funds accruing from the removal of the petrol subsidy. The governors also endorsed the proposed National Affordable CNG Transit Programme (NACTP), saying the initiative could help reduce transportation costs
The National Association of Nigerian Students (NANS) has rejected former Vice-President Atiku Abubakar’s pledge to restore fuel subsidy if elected president, describing the proposal as a political response to the economic hardship currently confronting Nigerians. NANS President, Comrade Akinteye Babatunde Afeez, stated this in a statement issued on Wednesday, arguing that returning to the subsidy
Former Kaduna Central Senator, Shehu Sani, has criticised former Vice President Atiku Abubakar’s pledge to restore fuel subsidy if elected president in 2027, describing the proposal as impracticable and warning that it could distort Nigeria’s economy. Sani made the remarks on Wednesday at a press conference in Abuja, where he argued that returning to the
The Director of the Abuja School of Social and Political Thought, Dr Sam Amadi, on Wednesday said that the removal of fuel subsidy should not be the sole basis for determining which political candidate can manage Nigeria’s economy better in the 2027 election. Amadi argued that while subsidy policy remains an important economic issue, Nigerians
Fuel Subsidy: Proceeds Must Be Accounted for, Not Reversing the Policy — Obi Former Anambra State Governor and presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has reiterated his support for the removal of petrol subsidy, saying alleged mismanagement of the proceeds should not be used as a justification for reversing the policy.
Fuel Subsidy Return Will Undermine Nigeria’s Economic Reforms — FG Minister of Information and National Orientation, Mohammed Idris, has warned that any attempt to restore petrol subsidy would reverse the economic gains recorded from the Federal Government’s ongoing reforms. Idris said the renewed calls for the return of petrol subsidy must be assessed against the
A chieftain of the African Democratic Congress ,ADC, Kola Ologbondiyan, has criticised the Federal Government’s handling of fuel subsidy reforms, arguing on Monday that the policy has worsened economic hardship for Nigerians. Ologbondiyan, who spoke on behalf of former Vice President Atiku Abubakar, said the removal of the subsidy had significantly increased the cost of
A chieftain of the African Democratic Congress (ADC), Kola Ologbondiyan, has criticized the Federal Government’s fuel subsidy removal, arguing that the policy is placing increasing pressure on Nigerians and could ultimately have a damaging effect on the administration of President Bola Tinubu Ologbondiyan made the remarks on Channels Television’s Sunrise Daily on Monday while defending
Why Atiku’s Subsidy Gambit Rattles Tinubu By Farooq A. Kperogi Atiku Abubakar may finally have discovered the issue that can draw political blood from President Bola Ahmed Tinubu. And I am enjoying seeing the president and his inner circle squirm in discomfort like cats stranded on a hot zinc roof. On Thursday, barely a day
Fuel Subsidy Proposal Retrogressive, Unsustainable — Presidency Replies Atiku The Presidency has criticised former Vice President Atiku Abubakar’s proposal to restore petrol subsidy, describing it as a retrogressive policy that could undermine Nigeria’s ongoing economic and petroleum-sector reforms. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, made the position known in