Presidency, Atiku bicker over subsidy removal

Former Vice President Atiku Abubakar has sharply criticized President Bola Tinubu's administration, particularly concerning the removal of the fuel subsidy. Abubakar declared that no opposition from President Tinubu or his supporters could prevent him from reinstating a targeted fuel subsidy for Nigerians.

Abubakar accused the current administration of presenting the subsidy removal as a necessary reform, while simultaneously, and quietly, extending fiscal concessions to oil investors. This move, he argues, benefits a select few at the expense of the general populace.

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no amount of resistance from President Bola Tinubu or “millions of his gang of economic jesters” could stop him from restoring a targeted fuel subsidy to Nigerians

The former Vice President's statement signals a significant political rift, highlighting differing approaches to economic policy and resource management. His commitment to restoring subsidies underscores a populist stance, emphasizing the need to alleviate the financial burden on ordinary citizens.

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accusing the administration of dressing up subsidy removal as reform while quietly extending fiscal concessions to oil investors.