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From Ndubuisi Orji, Abuja
Former Vice President, Atiku Abubakar, has accused the President Bola Tinubu led Federal Government of allegedly diverting public fund through secret payment of fuel subsidy.
Atiku, in a statement by his media adviser, Paul Ibe, on Thursday, said this why the government has refused to disclose how much it is allegedly spending on fuel subsidy.
According to him, the alleged secret payment of subsidy was part of the former Vice President ” was one of the reasons investments in the oil sector had refused to come in.”
President Tinubu, in his inaugural on May 29, 2023, had declared an end to subsidy regime on Premium Motor Spirit ( PMS).
Nevertheless, the former Vice President noted that while Tinubu says fuel subsidy was gone ” his Special Adviser on Energy, Olu Verheijen, says they are intervening from time to time while his Finance Minister, Wale Edun, described subsidy removal as an ‘ongoing process’”.
Atiku added that “A document authored by the Coordinating Minister of the Economy revealing how much subsidy is being paid is now being disowned by the very authors of the document.
“Both the World Bank and the IMF have revealed in separate reports that Nigeria is still paying petrol subsidies, but the Tinubu government refuses to come clean. Even a senior member of the APC had revealed that subsidy was being paid.”
