Nigerians Gained Nothing from the Fuel Subsidy Removal

Nigerians Gained Nothing from the Fuel Subsidy Removal

Nigerian Nollywood veteran, Kenneth Okonkwo, has lamented that despite the removal of fuel subsidy by the President Bola Tinubu’s administration, Nigerians have yet to gain anything.

Okonkwo, a chieftain of the African Democratic Congress, ADC, made this statement on Tuesday, while responding to questions in an interview on ‘Political Paradigm’, a programme on Channels Television.

When asked what was different in President Tinubu’s Independence Day speech from the previous ones, the legal practitioner said, “Let’s first of all agree that it’s a truism that not just the young ones but nobody looked forward to President Tinubu’s speech.

“I listened to it because I’m a public affairs analyst. People will question me on it; otherwise, I would not have listened to it. And why would people listen to propaganda?

“In those days, our leaders told us the truth, but Tinubu has used two years of his regime because he said it’s his third address. And it is to give us propaganda.

“The president said Nigerians are benefiting from the subsidy removal. That’s a lie. I was paying N195 per litre and now paying N1,000 for the same thing, and you said I’m benefiting?

This is a typical lie. Nigerians have gained nothing from fuel subsidy removal and the government’s borrowings.”