Former Vice-President Atiku Abubakar has accused the Federal Government of giving tax incentives and other benefits to oil companies while Nigerians continue to struggle with high petrol prices and the rising cost of living.
Atiku, the African Democratic Congress (ADC) presidential candidate, made the allegation in a statement issued on Sunday by his Senior Special Assistant on Public Communication, Phrank Shaibu.
He said President Bola Tinubu’s decision to remove the petrol subsidy was inconsistent with the government’s continued use of tax credits, concessions and other incentives to support petroleum investors.
“Nigerians were told there was no alternative and that enduring this pain was the necessary price of economic reform. But when major oil investors knock on Tinubu’s door, the sermon changes,” Atiku said.
