Tinubu’s Government Speaks On Return Of Fuel Subsidy

The Ministry of Petroleum Resources and the Nigerian National Petroleum Company Limited (NNPC), have countered reports alleging that fuel subsidy has returned.

The ministry was forced to speak after news of petrol subsidy return sneaked into the public domain.

Tinubu’s Government Speaks On Return Of Fuel Subsidy
Petrol

After that report emerged, the presidency was put under heavy attack from members of the public.

The government challenged those making the claims to provide proof that the subsidy on petrol had been returned.

They stressed that since President Bola Tinubu declared the end of the subsidy on petrol, the situation has remained so.

A Sensitive Issue

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, stressed that fuel subsidy was a sensitive issue.

However, he noted that the government had made its position known on the matter.

Lokpobiri’s media aide, Nneamaka Okafor, shared a video clip where her boss reacted to the claims of the former Kaduna governor and marketers.

In the clip, Lokpobiri insisted that the petrol subsidy had ceased.

Lokpobiri urged those who alleged that the government was still subsidising the commodity to provide evidence and facts.

Market Forces

The minister said: “I don’t want to delve into that issue. It is a very sensitive issue.

“It is better we get all the facts. As far as I’m concerned, the President removed the subsidy and it remains removed till today.

“Anybody who is saying that subsidy is being paid, it is left for the person to bring the facts and then we will talk about them”.

Also Read: TIPS: How To Cope With Fuel Subsidy Removal In Nigeria

Asked whether the price being paid for petrol currently is determined by market forces, the minister replied: “It may not be determined by market forces but let us deal with the price as it is today.

“Every government has a duty to do certain things, not only in the petroleum sector but in several other sectors, to be able to cushion the effect and burden on Nigerians”.

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