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Adebayo Critiques FG's 30-Day Petrol Discount Plan

Politics
Naijanews
Adebayo Critiques FG's 30-Day Petrol Discount Plan

Adewole Adebayo, the Presidential candidate of the Social Democratic Party, condemned the Federal Government's initiative to provide a 30-day petrol discount through the Nigerian National Petroleum Company Limited (NNPCL). The announcement was made by Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, who stated that the NNPCL would sell petrol at cost for 30 days, clarifying that this was not a return to fuel subsidy.

However, Adebayo criticized the move during an appearance on Channels Television’s Politics Today, arguing that it lacks legal backing and a substantial plan to alleviate the hardships faced by Nigerians. He pointed out that the government failed to provide any legal authorization for the discount, establish a dedicated account in the Ministry of Finance, or present a clear implementation framework.

Adebayo likened the government's announcement to the 1990s television comedy "Fuji House of Commotion," labeling the current administration as confused and ineffective in addressing the issues at hand.

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

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