Dele Momodu, a chieftain of the African Democratic Congress (ADC), says President Bola Tinubu delivered “bad news” from the start of his administration after announcing the removal of Nigeria’s fuel subsidy.
In an interview on Arise Television’s Prime Time on Thursday, Momodu questions the policy’s transparency, saying Nigeria lacks clear facts and figures on the subsidy’s cost and implementation details. He also criticizes what he describes as continued government borrowing after the subsidy removal, arguing that these concerns are difficult to raise openly.
The two outlets present the same account of Momodu’s remarks, tying his criticism to Tinubu’s statement on taking office on May 29, 2023. Both reports describe him characterizing the subsidy removal process as unclear and suggesting that public scrutiny is limited. Neither source provides counterpoints from the government or independent figures on the subsidy or borrowing.
