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News

APC Replies PDP, Denies Reintroduction Of Fuel Subsidy 

written by Royal Times of Nigeria September 26, 2023

The All Progressives Congress APC has dismissed concerns that the President Bola Tinubu administration may have reintroduced fuel subsidy through the back door, saying the government only intervened to ensure some measure of price stability and predictability.

Vanguard reported there had been reports that the Administration spent one hundred and sixty-nine point four in August to keep the fuel pump price at six hundred and twenty naira.

While the opposition latched onto the discovery to castigate the Tinubu administration, the APC on Monday night said such humongous payments do not amount to a reintroduction of subsidy.

APC spokesman, Felix Morka in a statement on Monday night said Shaibu “in an unfledged statement outed himself in his warped and misleading suggestion that the APC-led Administration was hoodwinking Nigerians by propaganda”.

Morka said on Shaibu’s “pathological and cynical flippancy”, he delved into matters he clearly does not understand or lacks the constitutive capacity to understand as a result of post-electoral traumatic stress disorder (PeTSD) arising from his boss’ serial electoral failure.

“Unsurprisingly, Shaibu’s only ‘evidence’ for such an arrant conclusion is that President Bola Ahmed Tinubu has appointed more media aides than economic and security advisers, conveniently glossing over the fact that Mr. President was swift in rejigging the security architecture and repositioning the Armed Forces for optimal performance in defence of lives and property

 

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