The former governor of Kaduna State, Mallam Nasir El-Rufai, has claimed that the President Bola Tinubu-led Federal Government is currently subsidising fuel for Nigerians.
Fielding questions from journalists in Maiduguri, the Borno State capital, on Monday, El-Rufai said the FG is now paying fuel subsidy more than before.
Recalls that the president declared during his inauguration on May 29, 2023, that the country can no longer subsidise fuel for the citizens, saying the petrol subsidy is gone.
The development skyrocketed the price of fuel and other products and services, triggering the economic hardship that has been bedevilling the nation since 2023.
But the former governor told journalists on Monday that the subsidy is back.
According to him, the FG returned the subsidy because “the impact has been seen and the packages of support that would reduce the impact have not been so effective in reducing the impact, so the federal government is back now subsidising petrol.”
He said many people don’t know that the fuel subsidy is back.
“If they want to know whether we are subsidising or not, they should compare the price of petrol and diesel because petrol should be more expensive than diesel but diesel is priced above a thousand naira while petrol is at N600 per litre.
“So, we are still subsidising Petrol because the government has realised that the way it implemented the fuel subsidy initially required some adjustments,” El-Rufai said.
The acting Executive Secretary of the National Universities Commission, Chris Maiyaki, said, on Wednesday, that…
Former President Olusegun Obasanjo has voiced his backing for the current movement advocating that Nigeria…
The Economic and Financial Crimes Commission, on Wednesday, arraigned the immediate-past Governor of the Central…
The pathologist, who conducted an autopsy on the body of late singer, Ilerioluwa Aloba, AKA…
The 2023 presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said the move…
The Nigeria Medical Association has reaffirmed its stance against euthanasia, otherwise called mercy killing, emphasising…
This website uses cookies.