Nasir El-Rufai drops bombshell, reveals how Tinubu has been subsidizing payment.
Former governor of Kaduna State, Malam Nasir El-Rufai, has revealed that fuel subsidy is back in Nigeria, but a significant portion of the population remains unaware of this development.
Speaking to journalists in Maiduguri, Borno State capital, on Monday, El-Rufai disclosed that the federal government is currently paying more for fuel subsidy than before.
El-Rufai highlighted that the government’s initial decision to remove fuel subsidy, as announced by President Bola Tinubu in his inaugural speech, was aimed at addressing what was deemed an unjustifiable expense..
However, El-Rufai expressed his support for the policy while acknowledging the necessity for adjustments in its implementation.
According to El-Rufai, the reintroduction of fuel subsidy is a reflection of the government’s recognition of the inadequacy of support packages intended to mitigate its impact. He emphasized the need for pragmatic policy adjustments in response to evolving circumstances.
El-Rufai asserted, “Fuel subsidy is another policy that has been implemented by the president, it’s the right policy. I always supported withdrawing fuel subsidy.”
He added, “But, in the course of implementation as you can see the government has now realized that the subsidy has to be back because right now, we are paying a lot of money for subsidy even more than before.”
Despite the resurgence of fuel subsidy, El-Rufai noted a lack of awareness among many Nigerians regarding its reinstatement.
He encouraged individuals to compare the prices of petrol and diesel to gauge the existence of subsidy, pointing out that diesel is priced higher than petrol.
Breaking: National Electricity Grid Collapses Again, Sixth Time in 2024
El-Rufai’s remarks came during his presentation titled “Leadership and Public Policy: Navigating Challenges and Lessons” at a Capacity-building workshop for Senior Government Officials of Borno State.
The disclosure by El-Rufai sheds light on the complexities surrounding fuel subsidy policy in Nigeria, underscoring the importance of effective communication and transparency in government decisions.
Stay informed with Ejes Gist News – Your Source for Credible Naija News Today, latest naija gists today and Breaking News in Nigeria Now.
