Nigerians Lambast Bayo Onunuga For Saying Govt Didn't Lie About Fuel Subsides

 


Scores of Nigerians have reacted angrily over the statement credited to Senior Special Adviser on Media and Communication to the President, Mr. Bayo Onunuga for saying that President Tinubu's government did not lie about the fuel subsidies.


In a statement on Tuesday Onunuga attacked the media for stories linking the presidency over fuel subsidies which government denied that it was no longer paying for fuel subsidies, adding "The government has been faithful to its policy that it was no longer going to pay fuel subsidies since President Tinubu announced the deregulation of the PMS sector"


Onunuga said "I have read a series of articles attacking the Federal Government for not telling the truth about fuel subsidy payments, following  NNPC Limited's admittance it was owing suppliers some $6 billion.


"Some of the stories have been written with relish, as the authors believed they have uncovered some scoops. 


"The truth is that there is no discovery. No lie uncovered.  The government has been faithful to its policy that it was no longer going to pay fuel subsidies since President Tinubu announced the deregulation of the PMS sector on 29 May 2023. Since then, subsidy provisions have disappeared from the budget. It was not in the Supplementary budget of 2023, not in the 2024 budget and the amended 2024 budget.


"So the giddy headlines about the so-called unraveling of the Tinubu government’s subsidy payment; and return of subsidy were not justifiable.


"Rather what has unravelled was the commendable disposition of the oil company owned by all the tiers of government to absorb the rising costs of petrol at the pump and protect the Nigerian consumer. That generous disposition by NNPC Limited, backed by a compassionate president unwilling to let the people suffer, has been under threat for months, because of the rising cost of crude and the devalued Naira.


"The NNPC cried out recently because it can no longer sustain the price differential on its balance sheet without becoming insolvent. The situation  has greater implications for the ability of the three tiers of government to function as the  NNPC has failed to pay into the Federation Account, the money that should go to the government.


"There are no easy choices. Something must be done to make NNPC survive, keep the engines of government running and petrol flowing at the pumps.  That is the scenario that is unfolding and the game changer and big relief giver may well be the Dangote refinery and other local refineries which will become the fuel suppliers to the local market. When Dangote Refinery and other refineries,  including government owned Port Harcourt Refinery,  come fully on stream, our country and economy will benefit on all fronts. There will be many good paying jobs that will be created along the value-chain. There will also be  a drop in the huge demand for foreign exchange to import petroleum products.


But Lere Ojedokun in his X @dolkere informed Onunuga "There's no need to explain away the plain truth around the politics and economics of fuel supply as we currently experience it. Whether FG or NNPCL, the truth backed by facts & figures (as people say, they don't lie) glitters in the open in a manner that the policy isn't working.


"Communication that is truthful & honest is more believable, and it helps build trust & credibility. If I were in govt, I will opt for the honoured path to admit a policy didn't work as envisaged. I will share a more innovative alternate remedy, get citizens' input and test-run.


Tunde Adeparusi also reacted to Bayo Onunuga in his X handle @tunde_adeparusi,  "Bros, I must confess, your job is such a difficult one. I don't envy you at all. As a matter of fact, some of us have stopped criticising you, we now pity you. It's such an arduous task to defend obvious lies and deceit. And to be honest, you're really doing a great job. It is well with your soul Sir. Amen 😞"

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