‘Tinubu wants Nigerians to cheer for N66 off a litre’ – Atiku
The presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has accused President Bola Tinubu of using a N66-per-litre petrol discount to gain political support. He questioned the cost of the measure and who authorised the Nigerian National Petroleum Company (NNPC) Limited to fund it. Atiku said the discount raised concerns about whether the […] ‘Tinubu wants Nigerians to…
Atiku Abubakar, the presidential candidate of the African Democratic Congress (ADC), has criticized President Bola Tinubu for using a N66-per-litre petrol discount to garner political support. Atiku questioned the cost of this measure and the authorization process, specifically inquiring whether the Nigerian National Petroleum Company (NNPC) Limited had proper approval before the discount was announced by the Presidency.
He emphasized the need for transparency regarding the financial implications and accountability of using NNPC as a tool for public approval. Atiku also pointed out the limited reach of the NNPC Retail stations, questioning whether the discount would significantly benefit the majority of Nigerian motorists. He accused Tinubu's administration of inconsistently applying market principles, using them to justify lower petrol prices when pressed by citizens but resorting to discounts to gain public approval.
Atiku rejected the notion that the discount is not a subsidy, arguing that its financial cost cannot be ignored regardless of how it is labeled.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
