Human Rights Lawyer, Femi Falana (SAN) has asked the President Bola Ahmed Tinubu led Federal Government to review the fuel subsidy removal policy following claims that Nigeria still pays for it.
Although Tinubu, on his inauguatiion as President declared an end to the subsidy era, the World Bank and Chief Executive Officer and Managing Director of Pinnacle Oil and Gas Limited Mr Robert Dikerman recently claimed that the Federal Government still pays subsidy for the product.
As such Falana in a statement called on government to respond to them and also review the policy.
“Curiously, the Nigerian Petroleum Cooperation Limited has not deemed it fit to deny the serious allegation that fuel subsidy has been restored. Since there is no provision for fuel subsidy in the 2023 and 2024 Appropriation Acts the Federal government should, without any further delay, confirm or deny the serious allegation and end the opacity surrounding the importation of fuel from foreign countries”, Falana.
“It would be recalled that after the Muhammadu Buhari administratiion announced that it had removed subsidy on petrol, it turn around to spend N11 trillion on the so -called “under-recovery” within a period of 8 years.
“Therefore, instead of urging Nigerians to continue to endure the hardship caused by the removal of subsidies on petrol, the Bola Ahmed Tinubu administratiion. If the Federal government is spending as much as N1 trillion on fuel subsidy per month, it is hightime the policy was reviewed in the interest of the Nigerians people”.
-9News Nigeria.
