Connect with us

Politics

Tinubu’s Government Secretly Paying Fuel Subsidy – El-Rufai Sparks Fire

Former governor Nasir El-Rufai revealed that President Tinubu’s administration has resumed paying fuel subsidy, spending more than before without the public’s knowledge.

Published

on

Paying Fuel Subsidy
Nasir El-Rufai

Former governor Nasir El-Rufai revealed that President Tinubu’s administration has resumed paying fuel subsidy, spending more than before without the public’s knowledge.

El-Rufai noted that the reversal comes as previous measures to mitigate the impact of removing the subsidy proved ineffective.

Nasir El-Rufai, former governor of Kaduna state, revealed that President Bola Tinubu’s administration has resumed fuel subsidy payments, even though many Nigerians were unaware of the policy’s return.

VerseNews reports that El-Rufai made the disclosure while speaking to journalists in Maiduguri, Borno state’s capital, on Monday, April 15. He noted that the government is now paying more for fuel subsidy than before.

Advertisement

El-Rufai explained that several measures implemented by Tinubu’s administration to mitigate the impact of the fuel subsidy removal had not been effective. This prompted the federal government to reverse its stance and reinstate the policy, as reported by Daily Trust.

RECOMMENDED FOR YOU  PDP Confirms Wike Notified Party Before Accepting Tinubu's Ministerial Offer

Previously, President Tinubu had announced that the fuel subsidy would be removed, declaring that continuing the payments was not sustainable.

RECOMMENDED FOR YOU  Reactions As Tinubu’s Old SDP Poster Resurfaces Amid El-Rufai’s Defection

Despite El-Rufai’s support for the removal, he emphasized that the government needed to make necessary adjustments in its approach.

“Fuel subsidy is another policy that has been implemented by the president, it’s the right policy. I always supported withdrawing fuel subsidy.”

Advertisement

“But, in the course of implementation as you can see the government has now realized that the subsidy has to be back because right now, we are paying a lot of money for subsidy even more than before.

“This is 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 subsidizing Petrol,” El-Rufai said.

RECOMMENDED FOR YOU  'Fuel Subsidy Removal In Nigerians’ Best Interest' - Minister
whatsapp
Advertisement

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

Christopher Musa 1783030694 Christopher Musa 1783030694
News5 hours ago

Bandits Threatened to Kill Oyo Pupils if Troops Moved Closer — Defence Minister

Minister of Defence Mohammed Badaru Abubakar says bandits holding abducted pupils and teachers in Oyo State have threatened to kill...

soldiers soldiers
News5 hours ago

Nigerian Soldiers Now Earn From ₦49,000 to ₦100,000 Monthly, Defence Minister Says

Minister of Defence Mohammed Badaru Abubakar says the Federal Government has increased the minimum monthly salary of Nigerian soldiers from...

wike 1 wike 1
Politics8 hours ago

‘There Is No Democracy in Nigeria If Atiku, Peter Obi Don’t Participate in Elections’ — Wike

FCT Minister Nyesom Wike says Nigeria's democracy should not be defined by the participation of Atiku Abubakar or Peter Obi....

Atiku abubakar Atiku abubakar
Politics8 hours ago

‘Nothing Must Happen to Peter Obi’ — Atiku Warns Presidency

Former Vice President Atiku Abubakar has urged the Federal Government to ensure Peter Obi's safety, calling it a constitutional duty.

Peter Obi 1 Peter Obi 1
Politics8 hours ago

‘Those Who Supported Tinubu Have Lost Their Businesses, Now Selling Kuli-Kuli’ – Peter Obi

Labour Party presidential candidate in the 2023 election, Peter Obi, says many Nigerians who supported President Bola Tinubu have lost...

arrest arrest
News9 hours ago

Motorcyclist Arrested for Allegedly Kidnapping 3-Year-Old Pupil, Collecting ₦500,000 Ransom (Video)

The Delta State Police Command has arrested a commercial motorcyclist for allegedly abducting a three-year-old girl...

Daniel Bwala 1045x705 1 Daniel Bwala 1045x705 1
Politics9 hours ago

‘Hold Governors Responsible for Every Kidnappings’ – Daniel Bwala

Presidential aide Daniel Bwala has said governors and local government chairmen—not the Federal Government....

assspppp 1780484147 assspppp 1780484147
Politics9 hours ago

‘Nigerians Earning ₦60,000 Are Better Off Than Many Who Japa Five Years Ago’ – Daniel Bwala

Presidential spokesman Daniel Bwala says many Nigerians earning ₦60,000 salaries at home are better off than some of those who...

Mikel Obi reveals missing land gifted by Ex President Jonathan Mikel Obi reveals missing land gifted by Ex President Jonathan
Sports9 hours ago

13 Years Later, Obi Mikel Reveals Promised AFCON Land Is Still Missing (Video)

Former Super Eagles captain John Obi Mikel says he is yet to receive the plot of land promised by the...

Peter Obi 5 Peter Obi 5
Politics10 hours ago

‘It’s All Lies and Propaganda’ — Presidency Fires Back at Peter Obi Over 2027 Assassination Claim

The Presidency has dismissed Peter Obi's claim that the Federal Government is targeting him and that he may not be...

Advertisement