ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Saturday, July 11, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
Home Economy And Business

FLASHBACK: How Buhari Rejected Subsidy Removal Under Jonathan

by NewsOnline Nigeria
November 29, 2021
in Economy And Business, Headline
0
Subsidy Removal

Details of how President Buhari rejected subsidy removal under Former President Jonathan can be read below.

 

Newsonline reports that the Federal Government has fixed a June deadline for the final removal of petrol subsidy.

 

ALSO: Manchester United Officially Announce Ralf Rangnick As New Manager

 

This online newspaper recalls that during a World Bank programme last week, Zainab Ahmed, Minister of Finance and Budget planning, laid out the plans for subsidy removal.

 

But 10 years ago, Buhari had criticised ex-President Goodluck Jonathan over the attempt to remove subsidy, describing the move as unpopular.

 

In a statement, the late Yinka Odumakin, who was his spokesman, issued on his behalf, Buhari had said the sharp practices that characterise the importation of petroleum products suggest that the deplorable state of Nigeria’s refineries is deliberate sabotage.

 

SEE ALSO: Woman Ingested 80 Pellets Of Cocaine To Afford IVF Treatment – NDLEA

 

During his speech at the 17th Nigerian Economic Summit (NSE) in Abuja, President Goodluck Jonathan had said Buhari was favourably disposed to the planned removal of subsidy.

 

“I can now appreciate people like Buhari, who in terms of politics was my major competitor, he is the only one person who has come up clearly that the issue of subsidizing petroleum products is a fraud. He is not playing politics with the development and future of Nigeria,” the President was reported to have said.

 

But Buhari denied taking such a stand, insisting that most of the elements that go into “what is called subsidy” is the cost of corruption in the opaque business of oil importation.

 

 

He said as a man who has stood against corruption in both private and public spheres, he could not lend his support to a “measure that aids corruption and further impoverishes the people as all the Federal Government wants to do is to jerk up pump prices”.

Previous Post

Woman Ingested 80 Pellets Of Cocaine To Afford IVF Treatment – NDLEA

Next Post

Black Market Dollar To Naira Exchange Rate Today 29th November 2021

Next Post
naira

Black Market Dollar To Naira Exchange Rate Today 29th November 2021

Trending Stories

Baltasar Engonga Wife Video Knacking Another Man

Watch Full Baltasar Engonga Wife Video Knacking Another Man [#BaltasarEngonga]

Subsidy Removal

FLASHBACK: How Buhari Rejected Subsidy Removal Under Jonathan

Omoge Saida

Popular Socialite Omoge Saida’s Private Video Sparks Outrage Online (WATCH VIDEO HERE)

BF Video Lyrics 2023

BF Video Lyrics 2023 Worldwide Trending: BF Video Ideas And Meaning

Tinubu security meeting

BREAKING: President Tinubu Holds Emergency Security Meeting With Service Chiefs

Atiku Abubakar, Bola Tinubu, Federal Audit Service Bill, ADC, Nigerian Constitution, PFIPC scandal, IMF report Nigeria, National Assembly, Auditor-General Nigeria, Tinubu administration

BREAKING: Atiku Abubakar Joins Calls Demanding Tinubu’s Resignation

Jass Param Kaur Viral Video

WATCH Jass Param Kaur Viral Video Trending On Twitter, YouTube And Reddit

Notti Osama Video Footage

WATCH Notti Osama Video Footage Of Death On Tiktok, Twitter, & Reddit

JAMB Past Questions

Download JAMB Past Questions & Answers PDF From 1983 Till Date [All Subjects]

CAC

CAC Login Portal for Fee Business Registration – www.pre.cac.gov.ng

Latest Stories

Peter Obi

BREAKING: Peter Obi Vows to Quit 2027 Presidential Race

Tinubu

Tinubu Hails Rescue of Abducted Oyo Pupils, Teachers, Says Terrorists Neutralised and Eight Arrested

AEDC

Power Outage Hits Maitama as AEDC Accuses FCDA Official, Land Grabbers of Invading Critical Substation

Kidnapped Oyo Pupils

BREAKING: Kidnapped Oyo Pupils, Teachers Regain Freedom After Nearly Two Months in Captivity

Sulaiman Aledeh

The Day We Start Calling Ourselves Snakes By Sulaiman Aledeh

Fubara

BREAKING: Fubara Presents N1.85trn 2026–2028 Expenditure Framework to Rivers Assembly

Atiku Abubakar, Bola Tinubu, Federal Audit Service Bill, ADC, Nigerian Constitution, PFIPC scandal, IMF report Nigeria, National Assembly, Auditor-General Nigeria, Tinubu administration

BREAKING: Atiku Abubakar Joins Calls Demanding Tinubu’s Resignation

Cardi B, Super Eagles Star Maduka Okoye

Cardi B, Super Eagles Star Maduka Okoye Turn Heads Together at Paris Fashion Week

Tinubu security meeting

BREAKING: President Tinubu Holds Emergency Security Meeting With Service Chiefs

Kwankwaso

Kwankwaso Defends Peter Obi, Demands Fair Trial for El-Rufai, Slams FG Over Rights Concerns

NewsOnline 2026

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria