Skip to content
Plus234Feed

Atiku Abubakar Questions FG on Petrol Price Discount Plans

Politics
This Day
Atiku Abubakar Questions FG on Petrol Price Discount Plans

Former Vice-President Atiku Abubakar has challenged the federal government to clarify its plans after the 30-day petrol price discount expires, criticizing President Bola Tinubu for adopting his proposed petroleum pricing policy without essential measures for sustainable relief. Atiku made these remarks during the inauguration of the African Democratic Congress (ADC) Presidential Campaign Council, emphasizing that a temporary reduction in petrol prices fails to alleviate the ongoing economic pressures faced by households, transport operators, and businesses.

He accused Tinubu of copying his policy after previously mocking it. The Minister of Aviation and Aerospace Development, Festus Keyamo, responded by accusing Atiku of political attacks due to past electoral defeats.

Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, defended the petrol price discount as a commercial decision by NNPC Retail, aimed at providing temporary relief rather than reinstating a subsidy regime. The initiative, which offers a N60-per-litre reduction, has sparked mixed reactions regarding its implementation and competitive implications.

Plus234Feed summary based on reporting from This Day. Read the original report below.

Read full article

Continue on This Day

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.