General News of Thursday, 10 October 2024

Source: www.mynigeria.com

Fuel hike: Atiku blames Tinubu's subsidy removal for Nigeria's hardship

Atiku Abubakar Atiku Abubakar

The 2023 Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, has blamed the economic hardship in Nigeria to President Bola Tinubu’s removal of fuel subsidy.

He described the removal of fuel subsidy as being haphazard and disingenuous. Atiku claimed that President Tinubu appears unaffected by the difficulties Nigerians are facing, as evidenced by his silence on the current economic challenges in the country.

The former Vice President made these comments in response to the recent increase in petrol prices by the National Petroleum Company Limited (NNPCL).

On Wednesday, October 9, 2024, NNPCL raised the pump price of fuel from N897 per litre to N1,030 in Abuja, and from N855 to N998 in Lagos.

Atiku wrote: “The haphazard and disingenuous approach of the current administration to fuel subsidy management has been the reason we are in this current economic crisis in the country.

“As things stand, there will be no letup in the escalating inflation rate, which is drowning the material well-being of Nigerians.

“It is even more worrying that T-pain is undisturbed by the hardship in the country.”