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Atiku Abubakar, the Presidential candidate of the Peoples Democratic Party in the 2023 election, has accused the Bola Tinubu administration of diverting public funds through the petrol subsidy scheme. He claims this is why the government refuses to disclose how much is being spent on the subsidy.
Atiku stated, “Tinubu has brought the opaque practices of running Lagos to the federal level. He claims the subsidy is gone, but his Special Adviser on Energy, Olu Verheijen, says they are intervening from time to time, while his Finance Minister, Wale Edun, describes subsidy removal as an ‘ongoing process’. A document by the Coordinating Minister of the Economy revealing the subsidy amount is now being disowned by its authors.
Atiku emphasized the inconsistency of Tinubu’s policies, arguing that such flip-flops and misinformation could deter foreign direct investment. “The Tinubu administration should have the courage to own their policies and outcomes and be accountable to Nigerians for their actions,” Atiku said. He further claimed that the denial of the subsidy payments suggests that funds meant for the Federation Account, which should be shared with states and local governments, are being diverted without accountability.
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