Former Vice President Atiku Abubakar, has accused President Bola Tinubu’s administration of diverting public funds through undisclosed petrol subsidy payments.
Atiku criticized the government’s inconsistent statements regarding the subsidy and challenged the transparency of President Tinubu’s administration.
Meanwhile, Special Adviser to the President on Information and Strategy, Bayo Onanuga, issued a statement Thursday urging the public and media to disregard the leaked draft of the Accelerated Stabilization and Advancement Plan (ASAP) presented to President Bola Tinubu by the Minister of Finance, Wale Edun, on Tuesday, and cease further discussions.
He reiterated that the era of petrol subsidy is “gone for good”. The ASAP estimated a fuel subsidy expenditure of ₦5.4 trillion for 2024, significantly higher than the ₦3.6 trillion spent in 2023.