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Fuel Subsidy: Atiku Blasts Tinubu for Lying to Nigerians
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Former Vice President, and the Peoples Democratic Party (PDP) presidential candidate in the 2023 general election, Atiku Abubakar, has berated the Federal government after the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, admitted that President Tinubu’s administration may have to allocate approximately N5.4 trillion for fuel subsidy by the end of 2024.
Presenting the Accelerated Stabilisation and Advancement Plan report on Wednesday, Edun said “Fuel subsidy: At current rates, expenditure on fuel subsidy is projected to reach N5.4 trillion by the end of 2024.”
In a post via his official X account, Abubakar said: “Nigeria is not working, and what we have had in a little over a year is a cocktail of trial-and-error economic policies. Paying subsidies and lying about it is nothing to brag about. Nigerians deserve better than this deception.”
The statement read:
President Bola Tinubu, at his inauguration on May 29, 2023, announced the abolishment of the subsidy on PMS, popularly known as fuel.
Ever since, it has been a bragging right of Tinubu and officials of his administration.
I had in my statement reviewing the one year of the Bola Tinubu administration urged the government to come clean on the actual position of the subsidy policy.
These were my exact words: “…provide clarity on the fuel subsidy regime, including the fiscal commitments and benefits from the fuel subsidy reform and the impact of this on the Federation Accounts. It is curious that since April 2024, fuel queues have mounted at many filling stations across Nigeria, and the infamous ‘black market’ has sprouted in several states. How much PMS is being imported and distributed, and at what cost? What is the implicit subsidy?”
If the subsidy regime had been characterised by opaqueness, what would we say of a situation where the subsidy is still being paid under the cover without Nigerians in the know?
Like millions of Nigerians, I was shocked to learn through media reports that the “government is still supporting downstream consumption.”
Now we know that expenditure on fuel subsidy may reach N5.4 trillion in 2024, compared to the N3.6 trillion spent in 2023, the same year that Tinubu claimed to have abolished fuel subsidy
I wish to restate that Nigeria is not working, and what we have had in a little over a year is a cocktail of trial-and-error economic policies. Paying subsidies and lying about it is nothing to brag about. Nigerians deserve better than this deception. -AA
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Appeal Court Bars David Mark-led EXCO from Parading Self As ADC Leaders
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FG Suspends Proposed Hike in WAEC, NECO Fees
The Federal Government has suspended its proposed increase in registration fees for the 2027 West African Senior School Certificate Examination (WASSCE) and the National Examinations Council Senior School Certificate Examination (NECO SSCE), following public concerns over the move.
In a statement issued on Monday by the Federal Ministry of Education, the government announced the withdrawal of a June 18, 2026 letter that had communicated the proposed adjustment in examination fees.
According to the statement signed by the ministry’s Director of Press and Public Relations, Folasade Boriowo, the decision was taken to allow for broader consultations and a fresh review of the proposal before any final determination is made.
“The Federal Ministry of Education announced that the letter conveying the proposed fee adjustment, dated 18 June 2026, has been withdrawn to allow for a comprehensive review and broader consultations with all relevant stakeholders before a final decision is taken,” the statement read.
The proposed increase would have raised the registration fee for both WAEC and NECO examinations from N27,500 to N50,000 beginning in 2027, representing an 82 per cent increase.
The ministry explained that the planned review was prompted by the rising cost of conducting public examinations across the country. It noted that examination fees have remained largely unchanged for years despite significant increases in operational expenses.
According to the ministry, growing costs in areas such as logistics, security, printing of examination materials, technology deployment, quality assurance and other critical services have continued to put pressure on examination bodies.
However, it said the Minister of Education, Dr Maruf Tunji Alausa, had directed that implementation of the proposal be halted pending consultations.
“The Honourable Minister of Education, Dr. Maruf Tunji Alausa, CON, has directed that the proposal be placed on hold in line with the Federal Government’s commitment to inclusive, transparent and evidence-based policymaking,” the statement said.
The ministry stressed that no adjustment to examination fees would take effect until discussions with stakeholders are concluded.
It disclosed that consultations would involve examination bodies, state ministries of education, school proprietors and administrators, parents’ associations, organised labour, education stakeholders and other relevant partners.
The statement added that the government remains committed to ensuring that policies affecting students and their families are subjected to adequate scrutiny and reflect public interest.
Reaffirming its position, the ministry said students’ welfare, equitable access to quality education and responsible policymaking remain central to the Federal Government’s education agenda.
It also pledged to keep Nigerians informed throughout the consultation process before any decision is reached on the proposed fee review.
Headlines
England End Norway’s World Cup Dream, Berth in Semi-finals
Jude Bellingham scored a dramatic extra-time winner as England overcame an unfortunate Norway to reach the semi-finals of the 2026 World Cup.
Bellingham slid home the winning goal in the first half of extra time after a second Norway goal was ruled out by the VAR for an Erling Haaland foul.
Andreas Schjelderup had given Norway the lead, but Bellingham equalised with a brilliant finish — although England were fortunate the goal stood after the ball struck the Spidercam during the build-up.
England rode their luck at times but will now face either Switzerland or old rivals Argentina as they seek to reach the World Cup final for the first time since 1966.
New York Times






