Former Deputy National Chairman of the Peoples Democratic Party (PDP), Bode George, has criticized the federal government’s handling of the fuel subsidy removal, urging transparency and accountability in the management of the nation’s oil sector.
George stated, “The Federal Government needs to be transparent. One day, we’re told there’s a subsidy, and the next day, it’s gone—Nigerians deserve the truth. This constant back-and-forth is confusing. Where is the transparency? Who can we trust?”
He also expressed concerns over the government’s decision to sell crude oil to the Dangote refinery in naira, warning that it could deplete the country’s foreign reserves.
George said, “This decision to sell crude in naira is a ticking time bomb. Crude oil is our major income generator, bringing in foreign currency that bolsters our external reserves. But now, our reserves are already depleted, and this policy could be the final nail in the coffin.”
