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Atiku challenges Tinubu to clear air on fuel subsidy regime

Peoples Democratic Party, PDP, presidential candidate and former Vice President, Alhaji Atiku Abubakar, has challenged President Bola Tinubu to provide clarity on the fuel subsidy regime.

Atiku called out Tinubu in a statement he made public on Tuesday in Abuja, according to Daily Post.

He also tasked the President to list the fiscal commitments and benefits from the fuel subsidy reform, including its impact on the Federation Accounts.

“It is curious that since April 2024, fuel queues had mounted at many filling stations across Nigeria, and the infamous ‘black market’ has sprouted in several states.

“How much PMS is being imported and distributed, and at what cost? What is the implicit subsidy?”, he queried.

According to the former vice president, the prevailing state of pervasive insecurity has negatively affected agricultural production and the value it brings to the economy, especially in the Northern parts of the country.

He said, “Insecurity resulting from terrorism, banditry, kidnapping, and cattle rustling has compelled many crop farmers and pastoralists to abandon their lands and relocate to the neighbouring countries of Niger, Chad, and Cameroun.”

Becky Momodu

Becky Momodu is the News Correspondent of Spark News Daily - Nigeria's most sought-after online news platform in Politics, Sport, Entertainment and Religion. She is a graduate of Mass Communication with 15 years of Journalistic engagements.

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