Mr Kenneth Okonkwo, spokesperson for the African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has criticised the timing of President Bola Tinubu’s fuel subsidy removal, describing the decision as ill-advised and unsustainable.
Speaking on Channels Television’s Sunday Politics, Okonkwo argued that although fuel subsidy should not exist in Nigeria in the first place, the government failed to put the necessary measures in place before removing it.
He noted that petrol currently costs about N1,300 per litre, meaning a Nigerian with a 100-litre tank would need approximately N130,000 to fill it.
According to him, this is almost twice the N70,000 minimum wage, leaving many workers unable to adequately provide for basic needs such as food, rent and healthcare.
