Subsidy: Tinubu gave Nigerians bad news from day one – Dele Momodu

Chieftain of the African Democratic Congress, Dele Momodu, has criticized President Bola Tinubu, stating that he delivered bad news to Nigerians from the very first day of his administration. This critique came to light during an interview on Arise Television's Prime Time. The controversy revolves around the removal of the fuel subsidy by Tinubu, which has led to questions about the country's financial management.

Momodu questioned the continuous borrowing by the Tinubu administration, pointing out that the removal of the fuel subsidy is surrounded by mystery. The lack of clear facts and figures regarding the cost of the subsidy adds to the complexity of the issue. Momodu further expressed concerns about the political climate in Nigeria, describing it as a dictatorship where leaders can operate without accountability.

Upon taking office on May 29, 2023, Tinubu announced the removal of the fuel subsidy, which is considered a significant setback for the nation. Since then, Nigeria has not experienced any improvement. The publication of Ovation Magazine reported that the removal of the subsidy was shrouded in mystery, adding to the confusion surrounding the decision.