Fayose Knocks Osinbajo Over Fuel Subsidy

Fayose Knocks Osinbajo Over Fuel Subsidy

Like This Video 0 1026194 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

Lawyers Ask Buhari To Sack Malami Over Maina Saga

0 1089915 0

The League of Patriotic Lawyers says the Attorney General of the Federation, Abubakar Malami, should resign over the reinstatement of Abdulrasheed Maina. Maina, former Chairman of Presidential Task Force on Pension Reforms, who was declared wanted by the Economic and

INEC Publishes Names Of Imo Governorship Candidates, Exempts APC

0 944798 0

The Independent National Electoral Commission (INEC) has released the list of governorship candidates in Imo State , conspicuously omitting the name of the candidate representing the ruling All Progressives Congress. In the list published today at its Owerri office, the

LeBron, Cavs Spoil Pierce’s Jersey Party

0 736860 0

It was supposed to be a night all about retiring Celtics legend Paul Pierce but it was all about LeBron James and his improved Cleveland team. The Celtics hierarchy had, for whatever reason, decided to have the jersey retirement ceremony

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*