Presidency, OPS kick against Atiku’s petrol subsidy push
Atiku Abubakar’s plan to restore petrol subsidy faces strong opposition from the Presidency and Organised Private Sector. Discover details of his new model Read More: https://punchng.com/presidency-ops-kick-against-atikus-petrol-subsidy-push/
Atiku Abubakar's plan to restore petrol subsidy has been met with opposition from the Presidency and the Organised Private Sector. According to President Bola Tinubu, Atiku's proposal demonstrates "serious ignorance in governance and economy".
Tinubu stated that before his administration removed fuel subsidy, 27 states were unable to pay workers' salaries and pensioners. He claimed that subsidy removal has enabled states to pay salaries and pensions.
The Presidency and other groups have criticised Atiku's plan, with some describing it as "desperation" and "archaic". They argue that reinstating fuel subsidy would lead to job losses and reduce states' income.
Brief written by urgent.news from Punch, Punch Nigeria, Daily Post Nigeria, Premium Times, BusinessDay Nigeria — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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