Festus Keyamo, the Chief Spokesman for the All Progressives Congress (APC) Presidential Campaign, has come forward to address the allegations surrounding President Bola Tinubu’s involvement in the removal of fuel subsidy. Keyamo firmly denies that Tinubu had any role in the removal of fuel subsidy.
According to Keyamo, certain sections of the media are deliberately distorting the facts, creating a false narrative that Tinubu’s government was responsible for the removal of subsidy. Keyamo believes that this is a mischievous attempt to mislead the public.
Instead, Keyamo clarifies that Tinubu’s administration inherited a situation where there was no provision for subsidy in the 2023 Appropriation Act starting from June 2023. Additionally, he points out that the recently enacted Petroleum Industry Act does not include any provision for subsidy.
Keyamo’s statement aims to set the record straight and correct any misconceptions about Tinubu’s involvement in the removal of fuel subsidy.
In a series of tweets on his official handle, @fkeyamo, he said, “A section of the Press is mischievously twisting the narrative to read that Tinubu’s government has removed subsidy. That is not correct. Tinubu’s govt has merely inherited a regime where there was no provision for subsidy in the 2023 Appropriation Act as of June 2023 and the Petroleum Industry Act which is now extant has no provision for subsidy.
“President Tinubu merely acknowledged this state of affairs in his inaugural speech at the Eagle Square.
“So, any advocate of subsidy should convince the Nigerian people why President Tinubu should start on a note of illegality by promising to reintroduce something which the law has taken away. They should also convince the Nigerian people why President Tinubu should embark on a present illegality that gulped $10 billion of our scarce or unavailable resources in 2022 alone.”
Furthermore, Keyamo emphasized that individuals who claim to advocate for the rights and well-being of workers must demonstrate to the Nigerian population that the annual injection of $10 billion into the economy will not significantly stimulate economic growth, generate a substantial number of jobs, and potentially lead to an increase in the minimum wage that they often voice concerns about.