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Atiku’s Fuel Subsidy Plan Unrealistic, Destructive, Says Presidency
Atiku’s Fuel Subsidy Plan Unrealistic, Destructive, Says Presidency
The Presidency has criticised former Vice-President Atiku Abubakar’s proposal to restore petrol subsidy if elected president, describing the policy as fiscally unsustainable, retrogressive and incompatible with the changes that have taken place in Nigeria’s petroleum sector.
The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, made the position known in a statement on Thursday titled, “Restoring Petrol Subsidies: Atiku’s Volte-Face and Desperation for Power.”
Onanuga said Atiku’s position represented a departure from his previous stance against petrol subsidy, arguing that the former vice-president had now embraced the policy for political reasons ahead of the 2027 presidential election.
According to him, Atiku had previously advocated the removal of fuel subsidy but had now “opportunistically recanted” the position in an attempt to appeal to Nigerians facing economic hardship.
The presidential aide, however, said Atiku had the constitutional right to propose alternative policies, but insisted that Nigerians were entitled to know how a renewed subsidy regime would be funded and implemented.
He explained that petrol subsidy was not money sitting in government coffers for distribution to motorists, but rather the difference between the regulated pump price and the actual cost of supplying the product.
Onanuga said restoring the old system would require a new legal, fiscal and administrative framework, particularly because the Petroleum Industry Act had provided for the removal of petrol subsidy by the end of June 2023.
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He argued that President Tinubu merely accelerated the implementation of a reform already contemplated under the PIA by announcing the subsidy removal in May 2023.
The presidential aide also said Nigeria’s petroleum industry had changed significantly since the removal of subsidy, particularly with the emergence of large-scale domestic refining capacity.
He cited the Dangote Refinery as a major development that had altered the dynamics of the downstream petroleum sector, arguing that the country was gradually moving away from dependence on imported refined products.
Onanuga warned that returning to a subsidised petrol regime could undermine investments in local refining and reverse the gains recorded in domestic production.
He further argued that subsidy restoration would raise questions about who would bear the financial burden of selling petrol below its economic cost.
“If petrol is sold below its economic cost, someone must absorb the difference,” he said, noting that the burden would ultimately fall on public finances through reduced allocations, increased borrowing, higher public debt or reduced spending on infrastructure and social services.
The Presidency also rejected claims that the removal of subsidy had created a N30tn windfall for the Federal Government, describing such a figure as inaccurate.
Onanuga said the government had instead benefited from reduced fiscal pressure following the discontinuation of petrol price discounts and reforms in the foreign exchange market.
He added that the three tiers of government shared about N3tn from the Federation Account in July, describing the development as evidence of improved government revenues.
According to him, the country’s transition towards domestic refining and locally processed petroleum products could conserve foreign exchange, strengthen energy security, create jobs and support industrial development.
The presidential aide acknowledged that the removal of subsidy had increased the cost of living and placed considerable pressure on households and businesses.
He said the Tinubu administration was pursuing alternative measures to reduce the impact of high energy costs, including the promotion of Compressed Natural Gas, which he described as significantly cheaper than petrol for transportation.
Onanuga urged political actors to provide Nigerians with detailed fiscal calculations whenever they proposed policies such as subsidy restoration.
He asked Atiku to explain the annual cost of the proposed subsidy, the revenue source that would finance it, whether the government would borrow to fund it and whether amendments to existing petroleum-sector laws would be required.
He also questioned how any new subsidy regime would be monitored to prevent the abuses and corruption associated with the previous system.
The Presidency maintained that Nigeria needed sustainable solutions to the rising cost of living rather than a return to what it described as an opaque and financially burdensome petroleum pricing system.
It called for a broader debate on economic policy, but insisted that such discussions must take into account the realities of Nigeria’s current petroleum market and the country’s growing domestic refining capacity.
“Political promises must be backed by fiscal arithmetic,” Onanuga said, urging all political actors, including Atiku, to present Nigerians with the full fiscal and legal implications of any proposal to restore petrol subsidy.
Atiku’s Fuel Subsidy Plan Unrealistic, Destructive, Says Presidency
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Supreme Court Ruling: INEC Moves to Clarify Fate of 2027 Candidates
Supreme Court Ruling: INEC Moves to Clarify Fate of 2027 Candidates
The Independent National Electoral Commission (INEC) has said it will determine how the recent Supreme Court ruling on the Electoral Act 2026 affects candidates after reviewing the certified true copy of the judgment.
The development has heightened uncertainty among some political parties and 2027 election candidates, particularly those whose nominations could be scrutinised over party membership registers and the procedures used to conduct their primaries.
The Supreme Court, in its September 24 judgment, restored Sections 77(5), 77(6), 77(7) and 84(2) of the Electoral Act 2026, which had earlier been struck down by the Court of Appeal. The provisions deal principally with political party membership registers and candidate nomination procedures.
Under Section 77(5), only members whose names appear on a party’s membership register submitted to INEC at least 21 days before a primary, congress or convention are eligible to participate in the exercise.
Section 77(6) requires parties to use the membership register submitted to INEC for their primaries, congresses and conventions, while Section 77(7) provides consequences for a party that fails to submit its register within the prescribed period.
Section 84(2), meanwhile, provides for the nomination of candidates through direct primaries or consensus.
The Supreme Court’s decision did not name or automatically disqualify any individual candidate. Questions surrounding particular nominations are expected to depend on the facts of each case, including party membership records, the timing of registration or defection and how the relevant primary was conducted.
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INEC has therefore refrained from announcing a blanket decision on candidates whose nominations could be affected.
The commission is expected to engage political parties and other stakeholders on October 6, while also addressing the issue publicly as preparations continue for the 2027 general elections. INEC is also expected to publish the final list of governorship and State House of Assembly candidates on October 10.
Several candidates have already attracted attention because of circumstances surrounding their party membership or nomination.
Among those mentioned are Kingsley Chinda, the APC governorship candidate in Rivers State; Isa Pantami, the PDP governorship candidate in Gombe State; Donald Duke, the PRP presidential candidate; Ovie Omo-Agege, the NDC senatorial candidate in Delta Central; and Victor Ochei, the NDC candidate for Delta North.
In Chinda’s case, questions have centred on the timing of his movement from the PDP to the APC and whether his membership status complied with the restored provisions before the party’s governorship primary.
The Rivers APC has maintained that Chinda registered with the party on April 27, ahead of the May 21 primary, and therefore met the relevant 21-day requirement.
Pantami’s case is also subject to separate legal proceedings. He left the APC for the PDP after withdrawing from the APC governorship primary and subsequently emerged as the PDP’s candidate in Gombe. A Federal High Court ruling in Gombe had already nullified his nomination and ordered a fresh primary, meaning his situation involves issues beyond the Supreme Court judgment alone.
For Omo-Agege and Ochei, attention has focused on their movement from the APC to the NDC and the waivers granted to enable them to contest the NDC nomination exercises. Their cases raise questions about the interaction between party membership, waivers and the restored provisions of the Electoral Act.
Former Inspector-General of Police Mohammed Abubakar Adamu, the SDP governorship candidate in Nasarawa State, has also insisted that his candidacy remains valid. The SDP has said he had been a member of the party for about three months before its governorship primary.
The key issue for INEC is whether nominations conducted while the disputed provisions were temporarily invalidated will be assessed under the provisions subsequently restored by the Supreme Court.
For now, the Supreme Court judgment should not be interpreted as an automatic cancellation of the affected candidates’ tickets.
The final position will depend on INEC’s review of the judgment, the relevant party records and the specific circumstances surrounding each nomination, as well as any separate court proceedings that may arise.
With the 2027 elections approaching, the commission’s forthcoming clarification is expected to provide greater certainty for political parties, candidates and other stakeholders over the status of nominations affected by the ruling.
Supreme Court Ruling: INEC Moves to Clarify Fate of 2027 Candidates
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Omokri Defends Tinubu Over Pension Record, Faults Linking President to 89-Year-Old’s Death
Omokri Defends Tinubu Over Pension Record, Faults Linking President to 89-Year-Old’s Death
Former presidential aide and political commentator Reno Omokri has defended President Bola Ahmed Tinubu’s administration over its record on pension payments, while criticising attempts to link the President to the death of an 89-year-old woman.
Omokri spoke while mourning the death of Dame Ezinne Mary Oduah Amaechi, who died on July 16, 2026, at the age of 89.
He argued that the Tinubu administration had made progress in addressing outstanding pension liabilities and ensuring that retirees receive their entitlements more regularly.
Omokri cited his personal experience, saying his mother recently celebrated her 90th birthday and received a video call from Lagos State Governor Babajide Sanwo-Olu, who reportedly asked whether she had been receiving her pension. According to him, she answered in the affirmative.
The former presidential aide said regular pension payments had improved the financial independence of many retirees, allowing them to meet essential needs such as food and medication without relying entirely on their children.
He attributed the development to measures introduced by the Tinubu administration, particularly efforts to settle outstanding pension liabilities.
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“Under His Excellency, Bola Ahmed Tinubu, Nigerians at both the Federal and Local Government levels, including military and paramilitary retirees, have been receiving their upgraded pensions as and when due,” Omokri said.
He maintained that the President inherited rather than created many of the outstanding pension obligations.
According to Omokri, President Tinubu approved a N758 billion Federal Government bond to address outstanding pension liabilities and arrears under the Contributory Pension Scheme.
He said the measure reflected the administration’s commitment to ensuring that retirees who served the country could live with greater dignity after leaving active service.
Omokri also referred to comments attributed to Godwin Abumusi, President of the Nigeria Union of Pensioners, who reportedly commended the administration over the regular payment of monthly pensions and efforts to address historical pension debts.
Against this background, Omokri criticised claims seeking to associate Tinubu with the death of Amaechi.
He described such claims as unfortunate, particularly because the deceased was 89 years old.
“Thus, I find it most sad that anybody would, in the face of the above facts, accuse the President of being responsible for their mother’s death at 89,” Omokri said.
He also referred to Nigeria’s relatively low average life expectancy, arguing that reaching 89 represented a significant milestone.
“In a country where the average life expectancy is still below 60, though rising, for one to attain the ripe old age of 89 is a thing of joy to be celebrated,” he said.
Despite his criticism of the allegation against Tinubu, Omokri expressed sympathy to Amaechi’s family and described her as a dearly beloved mother.
He prayed for the peaceful repose of her soul and for strength for her surviving relatives and friends.
“May God bless the memory of Dame Ezinne Mary Oduah Amaechi, who passed away peacefully on July 16, 2026, at the age of 89,” he said.
“May God also grant her surviving family and friends the fortitude to bear the loss of a dearly beloved mother.”
Omokri Defends Tinubu Over Pension Record, Faults Linking President to 89-Year-Old’s Death
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Adeleke Rejects Ataoja Palace Appointment, Reaffirms Oyebode as Osun Iyaloja-General
Adeleke Rejects Ataoja Palace Appointment, Reaffirms Oyebode as Osun Iyaloja-General
OSOGBO — Osun State Governor, Senator Ademola Adeleke, has reaffirmed Mrs Oyebode Mary as the Iyaloja-General of the state, declaring that any purported appointment of another person to the position is invalid.
The governor’s position followed an announcement reportedly emanating from the palace of the Ataoja of Osogbo concerning the appointment of a new Iyaloja-General.
In a statement issued on Friday by his spokesperson, Mallam Olawale Rasheed, Adeleke maintained that the authority to appoint the Iyaloja-General of Osun State rests with the state government.
The governor specifically warned market associations, traders and women across the state against recognising or acting on any announcement of a new Iyaloja-General from any quarter other than the state government.
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According to him, “any announcement from any other quarter including the Osogbo Royal Palace is null and void.”
Adeleke further declared that Mrs Oyebode remains the legally recognised Iyaloja-General of Osun State and continues to enjoy the full backing and recognition of his administration.
The governor urged market leaders and womenfolk across the state to disregard any purported appointment of another person to the position, stressing that Mrs Oyebode remains the duly appointed Iyaloja-General under the authority of the state government.
He also appealed to traditional institutions, organisations and individuals to respect the law and remain within the boundaries of their respective mandates.
Adeleke cautioned against actions capable of creating tension or disturbing the peace of the state, urging all parties involved in the development to exercise restraint.
The governor’s statement could further deepen attention around the authority and processes governing the leadership of market associations in Osun State, particularly amid the conflicting positions attributed to the state government and the Osogbo traditional institution.
Adeleke Rejects Ataoja Palace Appointment, Reaffirms Oyebode as Osun Iyaloja-General
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