Subsidy: Atiku’s Camp Reacts To FG’s $800m Palliative Proposal

EKO HOT BLOG reports that the camp of the 2023 presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar has described the planned fuel subsidy removal palliative by the the present administration as just another avenue to steal public funds.

The Special Assistant to Atiku on Public Communication, Phrank Shaibu in a statement on Thursday said the move is too vague and just a continuation of the scam on Nigerians by the All Progressives Congress (APC).

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He described FG’s plan to hand out N8,000 to 12 million households for six months through $800m on palliatives as a brazen attempt to divert public funds just like the administration of former President Muhammadu Buhari did with the conditional cash transfer and COVID-19 intervention initiative during his tenure.

Atiku’s aide argued that the intervention only made Nigerians poorer while the politicians became richer.

“After announcing the removal of petrol subsidy without proper planning, Tinubu has asked for the approval of $800m loan which he claims will be disbursed to 12 million households for six months at N8,000 for each household per month. This is a continuation of the scam of the All Progressives Congress.

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“According to statistics, a Nigerian household as at 2019 counted on an average of 5.06 members. So, with Tinubu’s uninspiring plan, each individual in a household will get N1,600 per month or N53 per day. What should they do with it? Use the money to buy sachet (pure) water or a cup of boiled groundnut on a daily basis? And this is the man they claim transformed the economy of Lagos State? This must be a joke or a more sinister attempt to divert public funds,” Shaibu submitted.

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