• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Sunday, August 10, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Atiku still confused, repetitive over‎ Fuel Subsidy Withdrawal

Atiku

The Matters Press by The Matters Press
July 19, 2025
Reading Time: 2 mins read
0
Nigeria has not taken decision yet on fuel subsidy

‎
‎The Democratic Front (TDF) has said it was embarrassed by the insistence of former Vice President Atiku Abubakar that the removal of fuel subsidy by President Bola Tinubu was ‘hasty and thoughtless’.
‎
‎In a statement signed by its Chairman, Mallam Danjuma Muhammad, and Secretary, Chief Wale Adedayo, the TDF wondered why the former Vice President has not come up with a better alternative to what President Tinubu did.
‎
‎”It is even more worrisome that the former Vice President has continued to hold on to the cost of living in the aftermath of fuel subsidy removal in a desperate bid to prove the current administration wrong on the decision.
‎
‎”We find it sad that Atiku and his media handlers did not acquaint themselves with the current development around prices of foodstuffs in local markets before blowing his much exaggerated claims of ‘hunger and despair’ out of proportion,” it said.
‎
‎The group also provided insight into the price of food across the market, which, according to it, painted a different reality.
‎
‎Contrary to his politically motivated exaggeration about the food prices across Nigeria, the current survey shows that a local cup of rice, which skyrocketed to N3,000 in the wake of subsidy removal in May 2023, is now N1,400, and a cup of maize, which galloped to N2,000, now sells for N400 in most Northern markets.
‎
‎”Meanwhile, a basket of Irish potatoes, which sold for N12,000,  now sells for N2,500 in the Jos township market, an indication that the price of foodstuffs is fast crashing in the country. This is on account of the aggressive pursuit of pragmatic policies, intervention, and investment in agriculture and food security, through fuel subsidy savings, by the Tinubu administration,” it added.
‎
‎TDF also urged the former Vice President to present to Nigerians what he would have done differently if he were the President.
‎
‎It said: “In his usually cynical attempt to be clever by half, former Vice President Abubakar commended some state governments for their performances on labour matters but chose to overlook the fact that it was President Tinubu’s decision to withdraw petroleum subsidy which resulted in the unprecedented surge in federal allocations.
‎
‎”This is what enabled the sub-nationals to embark on infrastructural projects, payment of the new minimum wage, and to clear debt owed to local contractors.
‎
‎Similarly, the Democratic Front finds Atiku’s accusation that the Tinubu administration had failed to pay the new wage award to federal workers to be untrue.
‎
‎”Available records show that not only has the government commenced payment of the new salary scale to federal civil servants, but it is also clear that no government has paid workers as much as the Tinubu administration is currently doing. And this, in our opinion, could not have been possible without the termination of the wasteful fuel subsidy regime.
‎
‎”We urge him to present Nigerians with his own option to fuel subsidy removal, or tell the public how he intends to sustain petroleum subsidy, which he also promised to remove during the election campaigns.
‎
‎”Our advice became necessary because his criticism of fuel subsidy withdrawal, without proffering alternatives, is fast eroding what remains of his reputation as a former Vice President”
‎
‎The group appealed to Nigerians not to take former Vice President Abubakar seriously on the issue of petroleum subsidy withdrawal, until he can provide a strategy to sustain the subsidy regime without external borrowings.
‎
‎End
‎
‎

RELATED POSTS

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

National Single Window initiative, a major step for efficient cross-border trade – TMSG

Tags: Atiku
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Tinubu explains mission as he marks second year in office
Economy/Technology

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

August 9, 2025
Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

August 7, 2025
Importers face delays, higher costs on Red Sea woes
Economy/Technology

National Single Window initiative, a major step for efficient cross-border trade – TMSG

August 4, 2025
Chatham House stance on Nigeria’s economy, a non-biased assessment of  reforms
Economy/Technology

‎Group celebrates 45% increase in federal revenue in just one month

July 28, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Alleged Wasteful Turn Around Maintenance (TAM) of Refineries: Setting the records straight

July 25, 2025
Dangote Fertilizer in gas supply deal
Economy/Technology

IMPI seeks forensic audit of refineries from 2000 to 2023 ‎ ‎

July 25, 2025
Next Post
Befitting honour for former President Buhari commendable – TMSG

Group commends Tinubu’s exceptional honour to late President

Babangida Aliyu’s Exit from ADC, a testament to Coalition’s deceitful recruitment- Group

‎Stop scapegoating Tinubu, stick to ethics of internal democracy, Group tells ADC ‎

Recommended Stories

Airtel Africa receives approval as payment service bank

Airtel Africa receives approval as payment service bank

November 6, 2021
Nigeria establishes cottage poultry processing facility to transform livestock

PAN ready to embark on measures for government’s intervention

August 18, 2023
APM Terminals Apapa, firm sign MoU to recycle tyres

APM Terminals Apapa, firm sign MoU to recycle tyres

June 14, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • ‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎
  • ‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎
  • National Single Window initiative, a major step for efficient cross-border trade – TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us