Latest News
FG Didn’t Suspend Fuel Subsidy Removal Because Of 2023 Elections – Adesina Reveals Real Reason
FG Didn’t Suspend Fuel Subsidy Removal Because Of 2023 Elections – Adesina Reveals Real Reason
Amid the controversy trailing the planned removal of fuel subsidy, Mr Femi Adesina says the Federal Government did not rescind its decision because of the coming elections.
Adesina, the President’s Special Adviser on Media and Publicity, stated this on Wednesday in Abuja when he featured as a guest on Channels Television’s Sunrise Daily.
“It is a valid thing [to do],” he said of the government’s suspension of the removal, adding, “but is this done because of elections next year? No.”
“It is done because as the minister (of finance) stated, the timing is not auspicious, inflation is still high. In the past eight months, we saw inflation reducing but the last month, it went up again; further consultations need to happen with all the stakeholders.”
The Minister of Finance, Budget, and National Planning, Mrs Zainab Ahmed, had initially announced that the government would only make provision for fuel subsidy in the 2022 budget up till June.
This sparked an outcry from various individuals and groups that accused the government of inflicting more suffering on Nigerians, especially those who were already struggling to make ends meet.
Amid plans by the organised labour to embark on a nationwide protest, Mrs Ahmed announced on Monday that the government would suspend the removal, explaining that to go ahead with the decision at this time would be problematic.
Read Also JUST IN: FG Proposes Extension Of Fuel Subsidy Removal By 18 Months
But many, including the President of the Nigerian Bar Association (NBA), Olumide Akpata, believe the suspension of the fuel subsidy removal has to do with the coming elections in 2023.
Adesina, in his reaction, said government across the world is always mindful of its actions and decisions in a pre-election year, citing the developments in the United States and their impacts on the country’s poll.
He also debunked claims that the present administration’s proposal to extend the removal of fuel subsidy by 18 months was intended to booby-trap the next president.
“That was not the intention, the intention was also stated – the timing is not right, it will exacerbate the hardship of the people and the President genuinely cares,” the presidential spokesman said.
“Politics is a part of our lives, but elections will just be one event in the life of the country. When elections come, they go, the country continues. This fuel subsidy, whether it stays or goes, is going to have a serious impact on the economy.”
-
Latest News2 weeks agoAPC Announces Winners Of Senate And House Of Reps Primaries In Plateau State
-
Latest News6 days agoPresidency Moves Against VDM Over Fake Tinubu Audio Allegation
-
Latest News2 weeks ago2027: Updated List Of APC Senatorial Candidates So Far
-
Latest News2 weeks agoBREAKING: Fubara Pulls Out Of APC Governorship Primary Election
-
Latest News2 weeks agoTinubu Speaks Out, Says “They Want Me Dead” Over Alleged Cabal Behind Nigeria’s Insecurity
-
Latest News2 weeks agoList Of APC Governorship Candidates Who Have Emerged For The 2027 Elections
-
Latest News2 weeks agoWhat Stopped Makinde From Getting PDP Presidential Form?” – Kolade-Otitoju
-
Politics6 days agoWike’s PDP Camp Unveils 2027 Presidential Candidate
-
Latest News2 weeks agoEid-el-Kabir: Kano Declares Sallah Holiday For Schools
-
Politics1 week agoBREAKING: Tinubu Sweeps Zulum’s Ward With 2,175 Votes In APC Primary
-
Politics1 week agoAPC Drops Full List Of Lagos Assembly, Reps Candidates For 2027 Elections
-
Latest News2 weeks agoHow I Escaped Abduction During Oyo School Attack – Aminah Speaks

