16th August, 2023
Lanre Issa-Onilu, a chieftain of the All Progressives Congress (APC), says there is no plan for the President Bola Tinubu administration to temporarily reinstate fuel subsidies.
The former Director of Communication Strategy, APC, stated this on Wednesday during the Sunrise Daly show on Channels Television.
This comes after several speculations circulated on social media that the Federal government was thinking of returning the subsidy regime to alleviate the hardships faced by Nigerians.
When asked to make a comment, Issa-Onilu said, “We should always rely on official sources. No such information has come from any official source to say we are going to bring back subsidies.”
According to him, the federal government has no role to play in the price of petroleum products.
“People import fuel and sell it at prices, but the government cannot fold its arms and allow people to continue to suffer,” the APC chieftain said.
“They have looked at the numbers and said these prices cannot continue to go up if we deal with the inefficiencies in the system. The inefficiencies in the importation and delivery because that comes with cost.
“The government is trying to address everything along the value chain to ensure that there is smooth operation and nothing compounds the transactions and makes things easier for the businessmen involved.”