A chieftain of the ruling All Progressives Congress (APC), Biodun Ajiboye, has said President Bola Ahmed Tinubu did not remove the fuel subsidy but merely announced its removal.
Ajiboye made the claim during an interview on Politics Today, a Channels Television programme on Monday.
According to him, there was no realistic way for the subsidy regime to continue by the time President Tinubu assumed office in May 2023.
“Right as we speak today, in May 2023, whether we like it or not, there was no possibility of continuing with subsidy,” Ajiboye said.
“Tinubu did not remove it; he only announced the removal. Some people ask why he would announce subsidy removal without preparation. How was it possible to continue with it when he came into power?”
Ajiboye added that the current administration is focused on reversing negative economic trends, claiming that unemployment has dropped significantly from about 33 percent to roughly 4 percent due to growth in other sectors of the economy.
