APM to Tinubu: You’re paying fuel subsidy through back door

The Allied People's Movement (APM) has accused President Bola Tinubu's administration of paying fuel subsidy through the back door, questioning the recent petrol price reduction despite the government's declaration that subsidy was gone. The party also dismissed Finance Minister Taiwo Oyedele's warning that restoring subsidy could push the naira to ₦4,000 per dollar, describing the projection as unfounded and accusing the government's economic policies of driving businesses into closure. APM National Secretary, Ayodele Adebayo, stated this in a response to Vanguard's inquiries, faulting the administration's handling of fuel prices and its claims about investors' loss of confidence in opposition parties.

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