Fuel Subsidy: Atiku Confused, Playing Politics - Presidency
The Presidency says Atiku’s aides gave three different explanations, and demands details on cost, beneficiaries, funding and when the subsidy would end.
- The Presidency accused former Vice-President Atiku Abubakar of playing politics on Thursday, citing his inconsistent plans to restore a "targeted subsidy" if elected in 2027 as evidence of confused economic policy.
- Presidential spokesperson Bayo Onanuga highlighted that Atiku's aides provided three different policy explanations within one week, with Paul Ibe and Phrank Shaibu offering contradictory statements on whether the subsidy would be temporary or permanent.
- Onanuga challenged Atiku to explain how the "targeted subsidy" would be funded and sustained, arguing that global market factors like exchange rates and refining costs determine pump prices more than government orders alone.
- Despite his aides' conflicting clarifications, Atiku intervened to insist his position "has not changed," reaffirming his commitment to restore the "targeted subsidy" and put purchasing power back in Nigerians' hands if elected.
- The Presidency argued that a serious economic program must address agricultural productivity and security, as President Bola Ahmed Tinubu has done for three years, rather than reducing the cost-of-living crisis solely to petrol prices.
13 Articles
13 Articles
Fuel Subsidy: Presidency tackles Atiku again, wants clarity on ex-VP's stance
Atiku, who has sought Nigeria’s presidency in six election cycles since 1993, had previously supported petrol subsidy removal during some of his campaigns. The post Fuel Subsidy: Presidency tackles Atiku again, wants clarity on ex-VP’s stance appeared first on Premium Times Nigeria.
Fuel subsidy: Atiku confused, Playing Politics - Presidency
The Presidency has accused former Vice-President and Presidential Candidate of the African Democratic Congress (ADC), Atiku Abubakar, of playing politics with his plan to reverse the removal of fuel subsidy if elected in 2027. While saying that Atiku is also confused, the Presidency explained that his latest comments on petrol subsidy raises a fundamental question: “is he seriously proposing an economic policy, or is he simply playing politics w…
Presidency slams Atiku over ‘conflicting’ petrol subsidy position
The Presidency criticises Atiku Abubakar’s ‘conflicting’ petrol subsidy positions, demanding clarity on his proposed ‘targeted subsidy’ and its economic im Read More: https://punchng.com/presidency-slams-atiku-over-conflicting-petrol-subsidy-position/
Presidency slams Atiku over petrol subsidy ‘U-turns,’ demands clarity on targeted subsidy plan
The Presidency has criticised former Vice President Atiku Abubakar over what it described as conflicting positions on petrol subsidy, accusing the 2023 presidential candidate of sending mixed signals on a key economic policy. In a statement issued on Wednesday, Special Adviser to the President on Information and Strategy, Bayo Onanuga, The post Presidency slams Atiku over petrol subsidy ‘U-turns,’ demands clarity on targeted subsidy plan appeare…
Fuel Subsidy: Atiku is Confused, says Presidency
The latest comments by former Vice-President Atiku Abubakar on petrol subsidy raise a fundamental question: is he seriously proposing an economic policy, or is he simply playing politics with the temporary discomfort Nigerians face? Within a week, Nigerians have heard three different explanations of what an Atiku administration would do about petrol subsidy. The confusion has now become impossible to ignore. First, Atiku’s spokesperson, Paul Ibe…
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