Analyse fuel subsidy removal – Falana tells President Tinubu

March 4, 2024 Wale Ponnle

Femi Falana who is a famous activist and lawyer in Nigeria appealed to Nigeria’s President, Bola Ahmed Tinubu to analyse fuel subsidy about the fact that Nigeria still pays for it.

During Tinubu’s inauguration as president, he proclaimed an end to the subsidy season, the World Bank, and the CEO and overseeing overseer of Zenith Oil and Gas Limited, Mr. Robert Dickerman as of late guaranteed that the central government actually pays sponsorship for the item.

In that capacity, Falana in a proclamation approached the public authority to answer them and furthermore survey the strategy.

“Curiously, the Nigerian National Petroleum Corporation Limited has not deemed it fit to deny the serious allegation that fuel subsidy has been restored. Since there is no provision for fuel subsidy in the 2023 and 2024 Appropriation Acts the federal government should, without any further delay, confirm or deny the serious allegation and end the opacity surrounding the importation of fuel from foreign countries,” Falana said.

“It would be recalled that after the Muhammadu Buhari administration announced that it had removed subsidy on petrol, it turned around to spend N11 trillion on the so-called “under-recovery” within a period of 8 years.

“Therefore, instead of urging Nigerians to continue to endure the hardship caused by the removal of subsidies on petrol, the Bola Tinubu administration. If the federal government is spending as much as N1 trillion on fuel subsidy per month, it is high time the policy was reviewed in the interest of the Nigerian people.”

Author

Wale Ponnle

A passionate writer of everything politics in Nigeria with the goal and purpose of bringing authentic information and unbiased news to everyone everywhere.

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