Fuel Subsidy: Stop payment… lawmaker urges Buhari

Hamilton Nwosa
Writer
new-diplomat default image
new-diplomat default image

Ad

Tinubu Departs Brazil for Nigeria After State Visit

By Abiola Olawale President Bola Ahmed Tinubu has concluded a three-day state visit to Brazil, departing the country for Abuja on Wednesday, August 27, 2025. The New Diplomat reports that the presidential jet took off from Brasília International Airport Air Force Base, with a ceremonial send-off attended by Brazil’s Secretary for Africa and the Middle…

President’s son jailed 6 years in fraud case as power tussle soars in Equatorial Guinea

• Two brothers at war over who succeeds Nguema Mbasogo By Obinna Uballa An Equatorial Guinea court has sentenced Ruslan Obiang Nsue, son of President Teodoro Obiang Nguema Mbasogo, to six years in prison for illegally selling a plane belonging to the state airline, Ceiba Intercontinental, a case analysts say reflects growing rivalry within the…

Details: Why Roosevelt Ogbonna Quit Access HoldCo board

• He remains Bank MD, Says Access By Obinna Uballa Access Holdings Plc has explained that Mr. Roosevelt Ogbonna, Managing Director and Chief Executive Officer of Access Bank Plc, resigned from the Board of the HoldCo to comply with regulatory guidelines issued by the Central Bank of Nigeria (CBN). The company, in a statement signed…

Ad

BuhariPresident Mohammadu Buhari has been advised to stop subsidy paid by the Federal Government on imported fuel.

The Deputy Chief Whip of the House of Representatives, Hon. Pally Iriase, who gave the advise while speaking to journalist in Benin, said the Nigerians were being fleeced and inflicted with pains following the continual payment of subsidy.

He added that the panacea to the lingering fuel scarcity was to stop what he termed ‘negative populism of retaining fuel subsidy.’

“If the government want to face the reality, they should stop this negative populism of retaining fuel subsidy. It does nobody any good. Everybody knows it.”

“I believe that the time is ripe to remove subsidy. The landing cost is not what Nigeria is being made to pay for. Why not allow the importers do it themselves and sell at a competing price.

The lawmaker noted that the present fuel scarcity was not a problem of the All Progressive Congress but part of the rot left behind by the PDP government.

The Deputy Majority Leader explained that he joined others to previously kicked against subsidy removal because the government removed subsidy and still fix prices of fuel.

Ad

X whatsapp