Tinubu's Fuel Subsidy Removal Criticized by Dele Momodu

Dele Momodu, a chieftain of the African Democratic Congress and publisher of Ovation Magazine, criticized President Bola Tinubu for delivering "bad news" to Nigerians on his first day in office, May 29, 2023, by announcing the removal of the fuel subsidy. In an interview on Arise Television’s Prime Time, Momodu questioned the ongoing borrowing by the Tinubu administration, despite the subsidy removal.

He described the situation as complicated due to a lack of transparent facts and figures about the subsidy, which he claimed is "shrouded in mystery." Momodu expressed concern over what he perceives as a dictatorial environment in Nigeria, where citizens cannot question their elected leaders. He stated, “Nobody gives bad news on a celebration day,” emphasizing the negative impact of the subsidy removal on the country.