…body said the focus should be on ensuring accountability in the use of savings from fuel subsidy removal rather than advocating a return to the subsidy regime. The National President of NANS, Babatunde Akinteye, made the call on Tuesday in Akure, the state capital, while speaking at a youth summit. The summit, sponsore…
…campaign, to explain what Nigerians have gained from the N15.8 trillion generated by fuel subsidy removal before dismissing promises of relief as a “lie.” Reacting on Sunday through its National Publicity Secretary, Mallam Bolaji Abdullahi, the ADC said Yari’s position was significant because he is now charged with per…
…the fading effects of price adjustments that followed exchange rate liberalisation and fuel subsidy removal, as well as the Central Bank of Nigeria’s restrictive monetary policy stance. The affirmation of the B3 ratings, however, underscores persistent fiscal pressures stemming from still-limited revenue-generation cap…
…among West African countries would be critical to addressing the security challenges. Fuel subsidy removal The ADC presidential candidate also criticised the removal of petrol subsidy by the Tinubu administration, saying the policy had contributed significantly to the economic hardship faced by Nigerians. He said altho…
…villa” needed to be voted out for meaningful progress to be made. On the issue of fuel subsidy removal, Sowore said “If there is anybody that has been consistent in the removal of fuel subsidy, it has been me. The question about fuel subsidy is: who are you subsidizing? You are subsidizing the elite. You are subsidizin…
…innuendo.” Lately, Atiku and Tinubu have been tackling each other over the issue of fuel subsidy removal. Recall that Tinubu, a presidential candidate of the All Progressives Congress, APC, had defeated Atiku during the 2023 election. During his inauguration at the Eagle Square in Abuja, Tinubu ended the fuel subsidy r…
…the month,” he said. The former Vice President also reiterated his pledge to reverse the fuel subsidy removal if elected, describing his proposed approach as one that would be accountable and protected against abuse. On the FBI records, Atiku said he was not demanding the release of sensitive information that could com…
…was laying the foundation for long-term, inclusive growth through reforms such as fuel subsidy removal, exchange rate unification and changes in the oil and gas sector. While acknowledging that the reforms have imposed short-term hardships, he argued that they are necessary to address long-standing structural challenge…
…three years, Nigerians have been subjected to relentless hardship. They were told that fuel subsidy removal, exchange rate unification, higher taxes and rising tariffs were bitter pills that would eventually restore economic stability. Yet today, the same government cannot explain how more than ₦210 billion found its w…
…instead of humans” had left ordinary Nigerians exposed, recalling that after the 2023 fuel subsidy removal, “some families were saying that they can no longer even afford three square meals, while their children go to school without food.” Odo questioned the celebration of macroeconomic stabilisation amid rising povert…
…twelve years and eight years too late. Had Tinubu not mobilised against the fuel subsidy removal in 2012 and had Buhari not introduced the pegged exchange rate in 2015, Nigeria would have been a lot better off economically today. Sadly, by the time Tinubu was consumed by "courage" and the zeal of a convert to abolish t…
…He argued that while Nigerians had been subjected to economic reforms, including fuel subsidy removal, exchange rate adjustments and high interest rates, significant public funds were allegedly being spent outside official budgetary processes. The former vice president maintained that greater fiscal transparency could…