Former President of Nigeria, Olusegun Obasanjo has said the fuel subsidy removed in June 2023 by President Bola Tinubu’s administration has come back due to inflation.
Obasanjo disclosed this in a recent interview with the Financial Times.
In the interview, Obasanjo faulted how Tinubu woke up one morning and removed fuel subsidies without thinking about the implications.
According to him, the government should have put measures in place before the fuel subsidy removal.
“There’s a lot of work that needs to be done. Not just wake up one morning and say you removed the subsidy.
“Because of inflation, the subsidy that we have removed is not gone. It has come back,” the former President stressed.
