‘They lied to Nigerians’ – Kenneth Okonkwo accuses Tinubu govt of secretly bringing back fuel subsidy
A Chieftain of the African Democratic Congress, ADC, Kenneth Okonkwo, has alleged that the administration of President Bola Tinubu is secretly returning fuel subsidy through its 30-day petrol price discount. Speaking on Inside Source, a programme on Channels Television on Sunday, Okonkwo stated that the government was only avoiding the name while introducing a measure […] ‘They lied to Nigerians’…
Kenneth Okonkwo, a member of the African Democratic Congress, has accused the Bola Tinubu administration of secretly reintroducing fuel subsidy through a 30-day petrol price discount. On the Channels Television program Inside Source, Okonkwo claimed that the government was avoiding the term "subsidy" while implementing a measure to lower the cost of fuel for Nigerians.
The former Nollywood actor-turned-politician disputed the Federal Government's assertion that the recent reduction in petrol price was merely a discount and not a return to subsidy. Okonkwo argued that there is no real difference between subsidy and discount, as both serve to reduce what Nigerians pay for fuel. "Sorry to say this, Taiwo Oyedele lied when he said it was not a subsidy.
It was a subsidy," Okonkwo declared. The ADC chieftain pointed out that the decrease in the pump price from around N1,500 to N1,350 per litre indicates that the government is aware of the hardships faced by families and businesses. "What were they trying to do? They were trying to reduce costs. They acknowledged by themselves that the cost was becoming unbearable for the people and they had to intervene to give relief for the people," he added.
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.