Former President Olusegun Obasanjo has sparked controversy by claiming that the fuel subsidy, which was removed by President Bola Ahmed Tinubu’s government, has effectively returned due to the current high inflation rate.
In a recent interview, Obasanjo faulted the manner in which the subsidy was removed, arguing that the government should have first considered the hardship it would cause and implemented measures to alleviate it.
Obasanjo’s statement comes amid ongoing nationwide protests against the subsidy removal, which has led to a significant hike in fuel prices.
The former president warned that the government’s decision would have severe consequences, including increased poverty and unrest.
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Tinubu’s government has maintained that the subsidy removal was necessary to address the country’s economic challenges, but Obasanjo’s criticism has added fuel to the fire, with many Nigerians calling for the government to reconsider its decision.
The controversy highlights the deepening economic crisis in Nigeria and the need for effective leadership to address the country’s challenges.
