APM tells Tinubu: You’re paying fuel subsidy through the back door

The Allied People’s Movement (APM) accused President Bola Tinubu’s administration of restoring fuel subsidies indirectly through a temporary petrol price cut, despite the government’s claim that the subsidy had been scrapped. National Secretary Ayodele Adebayo dismissed Finance Minister Taiwo Oyedele’s forecast that restoring the subsidy could push the naira to 4,000 per dollar as unfounded. He said government economic policies had driven businesses to close and called for a petroleum pricing framework that would not leave Nigerians spending their earnings on fuel.