ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, October 13, 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
ADVERTISEMENT
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

JAMB Past Questions

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

Baltasar Engonga Wife Video Knacking Another Man

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

Gloria Onosode

Stop Waiting to Feel Rich Before You Build Wealth By Gloria Onosode

Sex Tape

President 50-Year Old Daughter’s Sex Tape Breaks The Internet (WATCH HERE)

JAMB 2023 Answers

JAMB Past Questions and Answers PDF For All Subjects, Get JAMB 2023 Answers Here

Ibrahim Buba Jagaba

AYDAN Applauds Sanwo-Olu Over Appointment of Ibrahim Buba Jagaba as Senior Special Adviser on Arewa Matters

Nigeria Common Entrance Past Questions

Nigeria Common Entrance Past Questions & Answers | 2011 Till Date

Ifunanya Lawyer Biography

Ifunanya Lawyer Biography, Photos, Nudes Videos, Age, Instagram, Controversy

How Mohbad Died

Mohbad Cause of Death and Obituary, What Happened to Nigerian Musician Mohbad? How Did Mohbad Die?

JAMB Past Questions

Download JAMB Past Questions & Answers In PDF [All Subjects Updated]

Latest Stories

Nigeria’s New Digital Postcode System

How to Check Your Name, Home Address on Nigeria’s New Digital Postcode System

APC Revised 2027 Presidential Campaign Council List

Wike, Adeleke, Soludo, Fashola Make APC Revised 2027 Presidential Campaign Council List

Fake Presidential Agency DG,

Court Strikes Out Charges Against Alleged Fake Presidential Agency DG, Orders Fresh Arraignment

CJN Kekere-Ekun

CJN Kekere-Ekun Swears In 68 New Senior Advocates of Nigeria (FULL LIST)

Tinubu

2027: Tinubu to Kick Off Second Tenure Campaign Amid Hunger, Insecurity Across Nigeria

Gloria Onosode

Stop Waiting to Feel Rich Before You Build Wealth By Gloria Onosode

MTN Network Outage

MTN Network Outage Hits Lagos, Oyo, Rivers, Delta, FCT

Bamboo

Bamboo Alerts Users to Cybersecurity Incident at US Brokerage Partner DriveWealth

Fuel Price

Tinubu Government Pegs Fuel Price at N1,350 Per Litre Amid Rising Hardship

Spotify

Spotify Names Solana October’s EQUAL Africa Artist of the Month

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