•Gbenga Olawepo-Hashim Accord Party presidential aspirant, Gbenga Olawepo-Hashim, has described Nigeria’s long-running fuel subsidy debate as “accounting magic,” arguing that the high price of petrol is largely a consequence of how the government accounts for and prices domestically produced crude oil. Hashim, who spoke on Channels Television ...
•Atiku The presidency has slammed the African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, describing his promise to restore fuel subsidy, as “hypocrisy and deceit”. Atiku had, in a recent interview, said he would consider restoring the subsidy removed by President Bola Tinubu if elected President in 2027. Reacting, a pres...
•Atiku and fuel nozzle The presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar has made the restoration of petrol subsidy a major part of his 2027 campaign pitch, arguing that Nigerians have not seen sufficient benefits from the policy’s removal. Speaking during an interview yesterday, Atiku questioned the whereabou...
•Late President Muhammadu Buhari and Nigerian Senate The Senate’s sweeping investigation into Nigeria’s oil and gas finances deepened yesterday after startling revelations showed that the country spent a staggering N1.16 trillion on fuel subsidy in 2021 during the Administration of late President Muhammadu Buhari, while lawmakers threatened to...
•Finance Minister Taiwo Oyedele The Minister of Finance and Coordinating Minister of Economy, Taiwo Oyedele, has insisted that the presidency will not bring back fuel subsidy, following widespread clamour over the effect of its removal on the cost of living. The Minister made the statement yesterday in Paris, France, as he and President Bola T...
•Tinubu and fuel pump The Association of Nigeria Refineries Petroleum Marketers (ANRPM) has urged the Tinubu-led federal government to consider a temporary subsidy on petroleum products to cushion the impact of rising global oil prices triggered by the ongoing conflict involving the United States, Israel and Iran. National President of the ass...
•Nigeria Governors’ Forum The Socio-Economic Rights and Accountability Project (SERAP) has given Nigeria’s 36 governors and the Minister of the Federal Capital Territory, Nyesom Wike, seven day to urgently make public how they have spent the estimated N14 trillion fuel subsidy savings received through FAAC allocations. The organisation...
•Former EFCC chairman, Abdulrasheed Bawa A former chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has alleged a staggering scale of corrupt practices used to siphon public funds under the guise of fuel subsidy payments. Bawa revealed this in his book, titled ‘The Shadow of Loot & Losses: Uncovering Niger...
•Femi Adesina The former Special Adviser on Media and Publicity to ex-President Muhammadu Buhari, Femi Adesina, has described him as a friend of the masses which underscored many of his policies and decisions while in government. Adesina said such considerations were responsible for his decision not to remove fuel subsidies as Nigeria’s presid...
•NLC President Joe Ajaero Nigerian workers, under the aegis of the Nigeria Labour Congress, have criticised the International Monetary Fund for its denial of responsibility regarding the Nigerian government’s recent removal of subsidy on petrol. The congress describes the denial as cynical and emblematic of the IMF and World Bank’s longstandin...

