Headlines
Why Buhari Canceled Planned Subsidy Removal
Details have emerged on how security advice forced President Muhammadu Buhari to make a U-turn on the decision to remove fuel subsidy.
An impeccable security source told The PUNCH that intelligence handed over to the President by security officials showed that the protests that would have accompanied the subsidy removal might have been far worse than the #EndSARS demonstrations, mass protests against police brutality that grounded many parts of the country in 2020.
The official, who spoke to The PUNCH on strict condition of anonymity because he was not authorised to speak with the press, said the President was eager to implement the Petroleum Industry Act which would have ensured that subsidy was removed by June and investments in the oil sector increased.
He further stated that the government was afraid that such protests would have easily been hijacked by the opposition and affected the chances of the All Progressives Congress in next year’s election.
The official added, “The police, DSS, the National Intelligence Agency and the Office of the National Security Adviser usually send security reports to the President on the impact of sensitive issues like fuel subsidy. Reports given to the President showed that the protests being planned by unions would have been 10 times bigger than the #EndSARS protests.
“Petrol price was projected to increase to about N350 if the international price of oil continues to rise. This would have increased the cost of everything and encouraged everyone to take to the streets.
“They also drew the President’s attention to the coups sweeping many African countries and how the protests could have been hijacked by the opposition. This was why the President not only delayed subsidy removal but transferred the responsibility to the next government.”
Former President Goodluck Jonathan had in 2012 faced a similar challenge when he removed petrol subsidy forcing the price to rise from N65 per litre to N140.
The incident sparked protests in several parts of the country especially in Lagos where thousands converged on Ojota for over a week, grounding commercial activities in the country’s commercial capital.
“Some ministers actually advised the President to go ahead with subsidy removal because of the potential investments that deregulation would bring. But the President could not have taken such advice. The country is currently facing insecurity in several states, people are hungry. Outright removal of subsidy would have led to a rise in the cost of goods and protests. The alternative given to the President is to increase fuel price slightly. This could be done gradually by adding N3 or N5 periodically,” he said.
When one of our correspondents called the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, on the phone on Thursday for a reaction, he declined making any comments on the issue
But, the Special Adviser to the President on Media and Publicity, Femi Adesina, had in an interview on Channels Television’s ‘Sunrise Daily’ programme on Wednesday, said subsidy removal would have forced Nigeria into a tailspin.
Adesina added, “If that subsidy had been removed, it would have been a show of will that we want to solve this problem (oil fraud). There was a will but if you have a will and what you want to do will upturn the system, throw the country into a tailspin, then you would have to reconsider, you will weigh it. That is why further consultations will still happen.”
The Nigeria Labour Congress and the Trade Union had last year said it would on Thursday (yesterday) and February 2 embarked on nationwide protests against government’s plan to remove fuel subsidy.
But on Tuesday, the union shelved the protests following government decision to shift fuel subsidy removal by 18 months and amend the Petroleum Act, whose implementation was earlier scheduled to start in June.
The Punch
Former Vice President, Atiku Abubakar has expressed deep shock and sadness over the killing of Brigadier General Musa Uba by terrorists.
This was released through his official X page on Monday.
Criticizing the military hierarchy for failing to provide a clear explanation of the incident, he noted that initial official statements had reportedly denied the circumstances surrounding the general’s death.
He further described the tragedy as “unequivocally a failure of political leadership.”
Atiku accused President Bola Tinubu of prioritizing political battles over his responsibilities as Commander-in-Chief of the Armed Forces.
He called Gen. Musa’s death, along with those of the troops under his command, “one death too many” and warned of the dangers of a resurgent terrorist threat.
He as well urged citizens and military personnel to remain resilient, saying, “Even this season shall pass away.”
In addition, he also directed a pointed message to the President, stating that the security of Nigerians is the government’s foremost responsibility.
“You must live up to it or be humble enough to admit incompetence and either ask for help or resign,” he added.
He suggested that, if he were President, he would order the military to occupy Borno State or any other areas under siege by bandits or armed groups until they are cleared, emphasizing the need to protect those risking their lives for national security.
He extended his condolences to the Nigerian Armed Forces, the family of the deceased, and all Nigerians, expressing hope that the nation would soon overcome this dark period.
The Super Eagles’ 2026 World Cup dream suffered a major blow on Sunday as DR Congo advanced to the intercontinental playoff following a dramatic penalty shootout at the Prince Moulay Abdellah Stadium in Rabat.
Nigeria’s hopes of qualifying ended in heartbreaking fashion, marking the second consecutive year the Super Eagles will miss out on the world stage.
The match ended 1–1 after 120 minutes of regulation and extra time, sending the high-stakes encounter to penalties.
Nigeria initially went ahead through Frank Onyeka in the third minute, but DR Congo equalised in the 32nd minute through M. Elia.
The tension continued into the penalty shootout.
Nigeria’s Calvin Bassey and Moses Simon missed early chances, while Nwabali denied DR Congo’s first penalty.
Akor Adams kept the Super Eagles alive, but DR Congo struck back through Sadique and later scored the decisive fourth penalty, leaving Nigeria trailing 4–3 in the shootout.
The victory sets up DR Congo for a chance to secure one of the final World Cup tickets to the expanded 48-team tournament in the United States, Canada, and Mexico.
Nigeria’s defeat marked the second consecutive year the Super Eagles will miss out on the world stage.
Both teams had earned their places in the final after dramatic semi-finals.
Nigeria had booked their place in the final with a dramatic 4–1 extra-time win over Gabon in Thursday’s semi-final at the Moulay El Hassan Stadium.
DR Congo also advanced with a 1–0 victory over Cameroon at the Al Barid Stadium the same evening.
The Leopards now await their intercontinental playoff opponent, keeping alive their hopes of reaching the 2026 World Cup, while the Super Eagles’ campaign comes to an agonising end in Rabat.
The Peoples Democratic Party (PDP) has expelled Minister of the Federal Capital Territory (FCT) Nyesom Wike, its suspended National Secretary, Samuel Anyanwu, and former Governor of Ekiti State, Ayo Fayose.
Their expulsion was announced on Saturday at the party’s National Convention in Ibadan, Oyo State.
