Atiku Abubakar has reacted to the news of FG’s removal of fuel subsidy. During the 2019 election, Atiku campaigned on the liberalization of the economy chief of which was to sell the NNPC.
Part of the liberalization process of Nigeria’s oil sector includes the removal of fuel subsidy. As a result, Atiku tweeted;
“FG finally withdraws from the fuel subsidy and price-fixing bazaar that had been rife with corruption and stalling investments. This is something patriots have been calling for and for which I was demonised.”
“The stoppage of subsidy and price-fixing is a right move, although it should have come earlier when the economy was stronger.
FG and state governments should proceed to remove other impediments and roll out incentives to spur investments in the sector, especially the numerous refineries that had been licensed but are yet to be built. Then ensure the quality of fuel meets set standards. -AA”