Tag: subsidy return
Politics

Tinubu’s Govt Accused of Diverting Funds Through Secret Petrol Subsidy

Phrank Shaibu, former Vice-President Atiku Abubakar’s Special Assistant on Public Communication, has accused the All Progressives Congress-led Federal Government of diverting public funds into private pockets through a clandestine petrol subsidy scheme. Shaibu made these remarks in Abuja today, responding to recent reports indicating the return of petrol subsidy, as highlighted by the IMF. According […]
Economy

The Reality Of Removal & Return Of Fuel Subsidies in Nigeria: A Closer Look

Research has shed light on the intricate dynamics surrounding the removal and return of fuel subsidies in Nigeria. Despite official claims by the Nigerian government of subsidy removal, evidence suggests that it has covertly reinstated the practice in recent times. Reports indicate that in August, the federal government allocated over 160 billion naira to stabilize […]