Is Fuel Subsidy Back? APC Explains Tinubu’s Stance

Sep 26, 2023 | Uncategorized

  • The APC has denied the claim that President Bola Tinubu’s administration has returned fuel subsidies through the backdoor
  • Felix Morka, the spokesperson of the APC, said the comment that President Tinubu spent ₦169.4 billion for fuel subsidy in August was misinformation from Atiku Abubakar’s spokesperson, Phrank Shaibu
  • According to Morka, the government’s intervention to stabilise fuel prices did not amount to the return of the fuel subsidy

FCT, AbujaThe All Progressives Congress (APC) has dismissed the claim that President Bola Tinubu has re-introduced the fuel subsidy through the backdoor, adding that the federal government only intervened to stabilise the price and its predictability.

Recently, there have been reports that the President in August approved the sum of ₦169.4 billion to keep petrol prices at N620, Business Day reported.

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Bola Tinubu/APC/PDP/Atiku Abubakar/Presidency/Fuel Subsidy
APC Speaks on the alleged return of fuel subsidy
Photo Credit: APC Nigeria
Source: Twitter

APC says ₦169.4bn spent in August is not a fuel subsidy

The opposition parties have criticised the Tinubu administration for discovering the alleged fuel subsidy through the backdoor, but the APC on Monday night, September 25, said the intervention did not amount to the reintroduction of the fuel subsidy.

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Also, the ruling APC criticised Atiku Abubakar, the Peoples Democratic Party (PDP) presidential candidate in the 2023 election, for spreading fake news and distributing unholy comments to discredit the administration of President Bola Tinubu.

Phrank Shaibu, the media aide to Atiku, had claimed that President Tinubu had returned the fuel subsidy regime through the back door.

APC criticises Atiku’s aide over comment on fuel subsidy return

But the APC statement reads in part:

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“Shaibu’s claim that fuel subsidy is back is not correct. Government’s intervention to ensure some measure of price stability and predictability does not amount to return of the ruinous fuel subsidy of recent past”.

In a statement on Monday, Felix Morka, the spokesperson of the APC, added that Shaibu’s statement was misleading by alleging that Tinubu’s administration is running the country on propaganda.

Certificate: “Save yourself from global disgrace”, APC chieftain tells Tinubu earlier reported that an APC Chieftain from Rivers State, Eze Chukwuemeka Eze, has urged President Tinubu to allow Atiku Abubakar of the PDP to have access to his academic records at Chicago State University.

Eze, a loyalist of Rotimi Amaechi, the former minister of transportation, made the comment while reacting to the alleged identity theft Atiku was pursuing against Tinubu in US court.

The Rivers’ chieftain maintained Tinubu would free himself from global infamy and save APC members from disgrace if Atiku had access to his academic record at the CSU.


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