Special Adviser to the President on Information and Strategy, Bayo Onanuga, has said President Bola Tinubu’s government did not lie about removing fuel subsidies and deregulating the downstream sector.
Onanuga who said this in a statement on his official X page, debunked claims that the current government had been unfaithful to its policy of not paying fuel subsidies since President Tinubu announced the deregulation of the PMS sector on May 29, 2023.
According to him, subsidy provisions had disappeared from Nigeria’s budget and were not included in the supplementary budget of 2023.
Onanuga’s clarification came following speculations that the federal government was still paying fuel subsidies despite his declaration in May 2023.
He said, “I have read a series of articles attacking the Federal Government for not telling the truth about fuel subsidy payments, following NNPC Limited’s admittance it was owing suppliers some $6 billion.