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Tinubu Government Is Intervening To Ensure Oil Price Stability But Not Returning Fuel Subsidy – APC Party

FILE
September 26, 2023

The APC also scolded Phrank Shaibu, Special Assistant on Public Communication to former Vice President, Atiku Abubakar, over his claim on Sunday that the President Bola Tinubu’s administration thrived on lies and deceits.

The All Progressives Congress (APC) has stated that the President Bola Tinubu government is intervening to ensure “some measure of price stability and predictability” in oil but it does not amount to the return of the fuel subsidy.

The APC also scolded Phrank Shaibu, Special Assistant on Public Communication to former Vice President, Atiku Abubakar, over his claim on Sunday that the President Bola Tinubu’s administration thrived on lies and deceits.

In the statement tagged “The 10 lies of the APC-led federal government”, Shaibu had lambasted President Tinubu for using propaganda to deceive Nigerians.

According to him, the current administration was only interested in lying to the masses instead of striving to rescue them from the bad governance they suffered in the last eight years.

Reacting in a statement issued on Monday night, the APC National Publicity Secretary, Felix Morka, chided Atiku’s aide, saying he was still struggling to come to terms with the serial defeats they suffered at the presidential poll and the election petitions tribunal.

Morka said, “In his pathological and cynical flippancy, Atiku’s aide delved into matters he clearly does not understand or lacks the constitutive capacity to understand as a result of post-electoral traumatic stress disorder arising from his boss’ serial electoral failure.

“That Shaibu described as “lies”, the administration’s courageous decisions to remove fuel subsidy, harmonise the foreign exchange regimes, and sign the Students’ Loan Act into law, only buttresses his poor understanding of economic development and governance. Shaibu’s claim that fuel subsidy is back is not correct. The government’s intervention to ensure some measure of price stability and predictability does not amount to the return of the ruinous fuel subsidy of the recent past.

“Lifting visa ban on Nigerians by the United Arab Emirates authorities should ordinarily make any well-meaning Nigerian happy. Diplomatic rapprochement between Nigeria and UAE authorities is ongoing and details of outcomes will soon be made public. While we urge Nigerians to ignore purveyors of fake news and other inanities, it is obvious that Shaibu and his likes will stop at nothing in their desperation to distort facts and give oxygen to their politically knocked out principal.”