• About Us
  • Contact Us
  • Privacy & Policy
Tuesday, September 16, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

Atiku Demands Transparency from Tinubu on Subsidy Policy and Crude Oil Refining

Martins Nwakaji by Martins Nwakaji
August 20, 2024
in National
Reading Time: 2 mins read
A A
0
Atiku Demands Transparency from Tinubu on Subsidy Policy and Crude Oil Refining
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram

Former Nigerian Vice President Atiku Abubakar has called on the federal government to provide clear information regarding the petrol subsidy policy and the state of crude oil refining.

This demand follows growing concerns about the transparency of the processes involved.Atiku, who was the 2023 presidential candidate for the Peoples Democratic Party (PDP), has expressed dissatisfaction with President Bola Ahmed Tinubu’s administration, citing a lack of clarity in its governance.

In a post on his official X account, Atiku criticized the administration for its handling of the petrol subsidy, suggesting that the government’s actions are shrouded in secrecy and confusion.He pointed out that while President Tinubu had previously announced that the subsidy on petrol had been ended, recent reports indicate that the subsidy is still being applied in covert ways.

This discrepancy between the president’s public statements and the reality of the situation has raised concerns about the integrity of the administration’s actions.Atiku emphasized that transparent governance is essential for alleviating the severe fuel shortages and rising inflation that Nigerians are currently facing. He argued that only a clear and open approach to the subsidy policy can address these pressing issues effectively.Additionally, Atiku criticized the ongoing delay in reopening the Port Harcourt refinery, describing it as a major failure on the part of President Tinubu, who also serves as the minister of petroleum resources.

The delay in refinery operations has exacerbated the fuel scarcity problem and contributed to increased energy costs for Nigerians.He also expressed frustration with the Nigerian National Petroleum Corporation (NNPC) for its handling of the situation. Atiku noted that the continued denial of issues by the NNPC only worsens the difficulties faced by Nigerians due to fuel shortages and the resulting inflation in fuel prices.Moreover, Atiku raised concerns about possible financial mismanagement within NNPC.

Reports suggest that funds intended for other purposes may have been diverted to cover subsidy payments, adding to the confusion surrounding the petrol subsidy policy.

He warned that if these reports are accurate, they could have serious implications for the integrity of Nigeria’s fiscal policies and governance.In a related development, NNPC Limited has reported a significant financial gain, with its full-year profit increasing by 29% to N3.3 trillion.

Revenue also rose to N27.99 trillion, attributed to an increase in oil output. However, Atiku’s call for clarity underscores the need for transparency in how these funds and resources are managed to restore public trust and ensure fair governance.

Tags: nigeria
Martins Nwakaji

Martins Nwakaji

Related Posts

Only Senate Can Decide Natasha Akpoti-Uduaghan’s Resumption- CLERK
National

Only Senate Can Decide Natasha Akpoti-Uduaghan’s Resumption- CLERK

6 hours ago
Nigeria risks civil war if corrupt judge is appointed INEC chairman – Buba Galadima
National

Nigeria risks civil war if corrupt judge is appointed INEC chairman – Buba Galadima

7 hours ago
SSANU, NASU give FG seven-day strike notice over unmet demands
National

SSANU, NASU give FG seven-day strike notice over unmet demands

7 hours ago
2027: New applications for political parties’ registration now at 144 — INEC
National

INEC: 4.44m register online, 509,929 complete physical registration in ongoing CVR

7 hours ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Only Senate Can Decide Natasha Akpoti-Uduaghan’s Resumption- CLERK
National

Only Senate Can Decide Natasha Akpoti-Uduaghan’s Resumption- CLERK

6 hours ago
Nigeria risks civil war if corrupt judge is appointed INEC chairman – Buba Galadima
National

Nigeria risks civil war if corrupt judge is appointed INEC chairman – Buba Galadima

7 hours ago
SSANU, NASU give FG seven-day strike notice over unmet demands
National

SSANU, NASU give FG seven-day strike notice over unmet demands

7 hours ago
2027: New applications for political parties’ registration now at 144 — INEC
National

INEC: 4.44m register online, 509,929 complete physical registration in ongoing CVR

7 hours ago
Nigerian Parents Struggle With School Fees as Inflation Rises
National

Nigerian Parents Struggle With School Fees as Inflation Rises

1 day ago
New Taxes: Nigerians Cannot Pay While Leaders Waste Public Funds-Kingsley Moghalu
National

New Taxes: Nigerians Cannot Pay While Leaders Waste Public Funds-Kingsley Moghalu

1 day ago

POLITICS

2027: We won’t condone members with ulterior motives – ADC

2027: We won’t condone members with ulterior motives – ADC

2 days ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election

10,000 APC, PDP members defect to ADC in Benue

2 days ago
I will break second term jinx in Ekiti – Gov Oyebanji

I will break second term jinx in Ekiti – Gov Oyebanji

5 days ago
Peter Obi Can Return to PDP Without Wike Obstruction – Jacob Mark

Oyo PDP blasts APC protest over Makinde’s N300bn loan approval

6 days ago
More governors set to defect to APC – Yilwatda

More governors set to defect to APC – Yilwatda

6 days ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election

Update: ADC sets up disciplinary committee to resolve Abia leadership crisis

1 week ago

YOUR ECONOMY

IMF, World Bank, puppeteers behind Nigeria’s full fuel subsidy removal – Falana
Economy

IMF, World Bank, puppeteers behind Nigeria’s full fuel subsidy removal – Falana

1 day ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery begins nationwide distribution of petrol

1 day ago
Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15
Economy

Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15

4 days ago
Manufacturing and agric sectors decline threaten Nigeria’s industrialisation
Economy

Manufacturing and agric sectors decline threaten Nigeria’s industrialisation

3 weeks ago
FG launches initiative to cut overhead cost
Economy

FG launches initiative to cut overhead cost

4 weeks ago
Grant tax relief to media houses —Ex-NNPCL spokesman tells FG
Economy

Grant tax relief to media houses —Ex-NNPCL spokesman tells FG

4 weeks ago

E & P

Paul Scholes defends Amorim’s system after United’s 3:0 loss in Mancester derby
Sports

Paul Scholes defends Amorim’s system after United’s 3:0 loss in Mancester derby

by Steven Atogi
7 hours ago
0

Manchester United legend, Paul Scholes has defended manager, Ruben Amorim’s system at the club, following recent criticism over continuous match...

Lookman Wins Atalanta Player of the Month of September 2024

Siasia to Chelle: Rely on Lookman, Arokodare

1 week ago
Chelsea Push £78m Fermin Lopez Transfer Bid

Chelsea Push £78m Fermin Lopez Transfer Bid

3 weeks ago
The Rise And Fall Of Sports Institute, Isaka

The Rise And Fall Of Sports Institute, Isaka

3 weeks ago
KTF Launches Free Youth Tennis Clinic in Port Harcourt

KTF Launches Free Youth Tennis Clinic in Port Harcourt

4 weeks ago
‘It’s a shame’ – Ex-Newcastle striker, Andy Carroll blasts Isak over transfer move

‘It’s a shame’ – Ex-Newcastle striker, Andy Carroll blasts Isak over transfer move

1 month ago

YOUR THOUGHT & HISTORY

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
1 week ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
1 week ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
3 weeks ago
Tribute to Old Port Harcourt Boy (Peter Rufai)
Columns

Tribute to Old Port Harcourt Boy (Peter Rufai)

by Tammy Opoki
2 months ago
A Democracy Strained: Buhari’s Human Rights Record and the Repression of Dissent
Columns

A Democracy Strained: Buhari’s Human Rights Record and the Repression of Dissent

by Odini Brains
2 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

Only Senate Can Decide Natasha Akpoti-Uduaghan’s Resumption- CLERK

Only Senate Can Decide Natasha Akpoti-Uduaghan’s Resumption- CLERK

September 16, 2025
Paul Scholes defends Amorim’s system after United’s 3:0 loss in Mancester derby

Paul Scholes defends Amorim’s system after United’s 3:0 loss in Mancester derby

September 16, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address