Former President, Muhammadu Buhari led-administration didn't remove subsidy on the Premium Motor Spirit (PMS) otherwise known as fuel because its attendant consequences could have led to the ruling All Progressives Congress (APC) losing the February 25 presidential election, his media aide has revealed. Buhari's Senior Special Adviser on Media and Publicity, Garba Shehu, disclosed this in a release on his Twitter handle which was titled: 'Buhari Didn’t Fail To Remove Subsidy'.
Buhari Didn't Remove Fuel Subsidy So That APC Could Win February’s Presidential Election – Garba ShehuBuhari's Senior Special Adviser on Media and Publicity, Garba Shehu, disclosed this in a release on his Twitter handle which was titled:"Buhari Didn’t Fail To Remove Subsidy".
Shehu stated that removing subsidies for the Naira and PMS was cued and put on hold, citing the Petroleum Industry Act, which he said the important decision was kept for a better time. "The diesel subsidy. The aviation fuel subsidy. LPFO. Kerosene. Cooking gas and the other subsidy policies we found in place, and put them firmly on the ground. Remember them?
Shehu said that they had so far refrained from answering"these repeated questions on the removal in Nigeria of subsidies on Premium Motor Spirit, PMS and that arising from the dual rates of the Naira in the Central Bank and the parallel market: Why did Buhari “fail” to do these? "Removing subsidies for the Naira and PMS was cued and put on hold. Look for example in the Petroleum Industry Act. The important decision was kept for a better time.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Buhari didn't remove fuel subsidy - Garba ShehuThe erstwhile Senior Special Assistant on Media to former President Muhammadu Buhari, Garba Shehu, has given reasons his administration could not do away
Read more »
'APC had polls to win' -- Garba Shehu speaks on why Buhari didn’t remove petrol subsidy | TheCableGarba Shehu, ex-spokesperson of former President Muhammadu Buhari, says although the past administration did not remove petrol subsidy, it did eliminate other subsidies.
Read more »
Tinubu won't be president had Buhari removed fuel subsidy — Garba ShehuGarba Shehu, a Senior Special Assistant to the immediate past president, Muhammadu Buhari on Monday said the incumbent President, Bola Tinubu would have lost his bid to be president had Buhari removed the subsidy on Premium Motor Spirit.
Read more »
ICYMI: Subsidy removal was not in my inauguration speech, says Tinubu | TheCablePresident Bola Tinubu says his aides left out the decision for the removal of petrol subsidy from his inauguration speech.
Read more »
Subsidy removal: FG provides power supply for over 700 households, businesses in DanchitagiThe Rural Electrification Agency, REA, said it had provided power supply to over 700 households and businesses in the Danchitagi community in Niger to
Read more »
Accessing Alternative Energy Options Amidst Subsidy RemovalNigeria’s power sector has continued to grow suboptimally below the required level partially because the commercial framework for the sector has remained an
Read more »