Fuel discount: Atiku accuses Tinubu of turning NNPCL into campaign money cashier
Atiku says the proposed N66-per-litre discount lacks board approval and cost details, and he warns NNPC Retail’s 900 stations cannot serve all motorists.
- On Thursday, Former Vice President Atiku Abubakar challenged the Tinubu administration's 30-day fuel discount, questioning the transparency of the Nigerian National Petroleum Company Limited and labeling it President Bola Ahmed Tinubu's "campaign money cashier."
- Coordinating Minister of the Economy Taiwo Oyedele defended the initiative as a "market-smoothing price modulation framework," denying a return to subsidies while NNPC Retail absorbs short-term global crude volatility for 30 days.
- Atiku questioned the board approval process for the N66-per-litre reduction, arguing that "changing the name of a cost does not make it disappear" and fueling transparency concerns.
- Logistical limitations persist, as NNPC Retail operates just over 900 stations for roughly 242 million people, creating accessibility concerns regarding the N1,350-per-litre price and potential queueing at outlets.
- President Tinubu's administration maintains that structural reforms, including rapid Compressed Natural Gas infrastructure rollout and windfall taxes on energy operators, offer a more permanent solution than previous unsustainable subsidy regimes.
11 Articles
11 Articles
Nigeria: Atiku's Demagoguery in the Face of Tinubu's Logical Policies
Former Vice President Atiku Abubakar's recent press conference in Abuja--where he attacked NNPC Retail's 30-day discount on petrol price and a modulation framework--is a seminal example of shallow, election-laced demagoguery.
Fuel discount: Atiku tackles Tinubu over ‘N66 political gimmick’ at NNPC’s expense
Former Vice President Atiku Abubakar has accused President Bola Tinubu of turning a N66-per-litre petrol discount into a political gimmick, demanding to know who authorised NNPC Limited to bear the cost and how the company would account for the sacrifice.
Discount: What happens to the family far from NNPC station?...
Former Vice President Atiku Abubakar has accused the Tinubu administration of turning a petrol discount into a political spectacle at NNPC Limited’s expense. In a statement issued by Phrank Shaibu, Director of Strategic Communication of the ADC Presidential Campaign Council, Atiku said: “Tinubu wants Nigerians to cheer for ₦66 off a litre before they ask who ordered NNPC to surrender the money. He wants credit for the discount without showing th…
Fuel discount: Atiku accuses Tinubu of turning NNPCL into campaign money cashier
The presidential candidate of the African Democratic Congress, ADC, and former Vice President, Atiku Abubakar, has described the Nigerian National Petroleum Company Limited, NNPCL, as President Bola Ahmed Tinubu’s “campaign money cashier”. He made the remark in a statement issued at the weekend by his spokesperson, Phrank Shaibu. Atiku questioned whether NNPCL was still operating […] Fuel discount: Atiku accuses Tinubu of turning NNPCL into camp…
Atiku’s Shallow Politics Can’t Buy Nigeria’s Economic Future — Presidency
THE Presidency has said that the Nigerian electorate is far too sophisticated to trade long-term national economic security for what it described as former Vice President Atiku Abubakar’s shallow, short-term demagoguery. It also said that President Bola Tinubu’s administration has chosen the hard, courageous, and necessary path in its policy decisions, adding that by coupling market deregulation with targeted price-smoothing mechanisms, strategi…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
