Former Nigerian vice president Atiku Abubakar on Saturday said ruling All Progressive Congress chairman Adams Oshiomole frustrated the past efforts to remove fuel subsidy. Fuel subsidy programme has sparked mass protests and unrest across the country for years. On May 11, 2016, Buhari announced a controversial removal of fuel subsidy across the country. According to the Nigeria Extractive Industry and Transparency Initiative in 2018, Nigeria spent about N722.3 billion on fuel subsidy. Last week, with the further drop of the crude oil price at the international market, the petrol price was again adjusted to N123.50 per litre.
Source: The Guardian June 07, 2020 06:11 UTC