Fayose Knocks Osinbajo Over Fuel Subsidy

Fayose Knocks Osinbajo Over Fuel Subsidy

Like This Video 0 146565 Segun Vincent
Added by December 28, 2017

Governor Ayodele Fayose of Ekiti State has slammed Vice President Yemi Osinbajo over his comment regarding fuel subsidy.

It would be recalled that Osinbajo had said the Nigerian National Petroleum Commission (NNPC) bears the cost of fuel subsidy and not the Federal Government.

The governor in a statement issued by his spokesman, Lere Olayinka, wondered if there was any difference between the NNPC and the federal government.

Fayose said contrary to what is being presented, the NNPC does not have the rights to swap crude oil for subsidy nor to spend money it generates from the sales of crude oil.

Fayose also wondered where the money “is coming from” if subsidy is being paid by the NNPC.

“Where is NNPC getting the money with which it is subsidising petrol with N26 per litre? Is NNPC spending money from the sales of crude oil that should be paid into the federation account to pay subsidy?

“I like the vice-president, he is a pastor and I don’t believe that he will also join others in Buhari’s government to lie to Nigerians.

“However, this one that he presented NNPC as an agency of the federal government that can allocate fund without the approval of the president is very strange to me.” he said.

Similar Videos

Chadwick Boseman of ‘Black Panther’ revealed that Denzel Washington paid for his college acting classes

0 94826 0

Chadwick Boseman, who is the star of ‘Black Panther’, says Denzel Washington paid for his acting classes at Oxford University back when he was a student. Boseman made this revelation on NBC’s ‘The Tonight Show Starring Jimmy Fallon’. The ‘Black

Buhari To Depart Nigeria For Morocco

0 126259 0

President Muhammadu Buhari is set to depart Nigeria on Saturday for a two-day working visit to the Kingdom of Morocco. According to a statement by his media aide, Garba Shehu, the visit is at the invitation of His Royal Majesty,

North Should Remain In Power Till 2023 – APC

0 154181 0

The Abia state chapter of the All Progressives Congress (APC) has stated that northern Nigeria should be allowed to remain in power till 2023. According to the party, even if Buhari refuses to run for a second term, the region

No Comments

No Comments Yet!

No Comments Yet!

But You can be first one to write one

Write a Comment

Your data will be safe!

Your e-mail address will not be published. Also other data will not be shared with third person.
Required fields are marked*