Presidency slams Atiku over ‘conflicting’ petrol subsidy position

The Presidency has slammed Atiku Abubakar, a prominent figure in Nigerian politics, for his 'conflicting' positions on petrol subsidy. The criticism comes as Atiku Abubakar has proposed a 'targeted subsidy' approach, which the Presidency claims lacks clarity on its economic implications. In a separate development, Atiku Abubakar has dared the Federal Government to probe him over alleged $16bn power spending, which he claims is a diversionary tactic from the issue of subsidy removal. The Federal Government has been under pressure to address the petrol subsidy, with various stakeholders calling for its removal or reform.

• The petrol subsidy costs the Nigerian government billions of dollars annually