Atiku Abubakar Critiques Tinubu's Petrol Discount Scheme

Alhaji Atiku Abubakar, the presidential candidate of the African Democratic Congress (ADC), accused President Bola Tinubu of transforming a petrol discount into a political spectacle at the expense of NNPC Limited. In a statement from Phrank Shaibu, the Director of Strategic Communication for the ADC Presidential Campaign Council, Atiku reminded Tinubu that NNPC is now a quoted limited liability company under the Petroleum Industry Act (PIA).

He criticized the announcement of a ₦66 discount per litre, questioning the lack of board approval and transparency regarding the financial implications for NNPC. Atiku raised concerns about the limited number of NNPC stations available for a population of approximately 242 million, highlighting the logistical challenges for motorists seeking the discount.

He also questioned the government's approach to pricing and the legitimacy of the discount, suggesting it may be a disguised subsidy. Atiku's remarks reflect broader concerns about the governance of NNPC and the administration's handling of fuel pricing.