The Chief Spokesman for the All Progressives Congress Presidential Campaign, Festus Keyamo, has disclosed that President Bola Tinubu did not remove fuel subsidy.
According to Keyamo, a section of the media is “mischievously twisting the narrative to read that Tinubu’s government has removed subsidy,” despite President Tinubu revealing that subsidy was gone while giving his inaugural speech on May 29.
He said Tinubu’s administration only inherited a dispensation where there was no provision for subsidy in the 2023 Appropriation Act starting June 2023 and the extant Petroleum Industry Act has no provision for subsidy.
In a thread of tweets on his official handle, @fkeyamo, he tweeted: “A section of the Press is mischievously twisting the narrative to read that Tinubu’s government has removed subsidy. That is not correct. Tinubu’s govt has merely inherited a regime where there was no provision for subsidy in the 2023 Appropriation Act as of June 2023 and the Petroleum Industry Act which is now extant has no provision for subsidy.
“President Tinubu merely acknowledged this state of affairs in his inaugural speech at the Eagle Square.
“So, any advocate of subsidy should convince the Nigerian people why President Tinubu should start on a note of illegality by promising to reintroduce something which the law has taken away. They should also convince the Nigerian people why President Tinubu should embark on a present illegality that gulped $10 billion of our scarce or unavailable resources in 2022 alone.”
