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CSO expresses concern over N250b for fuel subsidy, says it is reason FG went into borrowing

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CSO expresses concern over N250b for fuel subsidy, says it is reason FG went into borrowing

 

Civil Society Organisations in Nigeria operating under the aegis of “Civil Society Coalition for Economic Development (CED) has decried the monthly payment of N250 billion for fuel subsidy.
They further identified the subsidy regime as a major challenge that was forcing the Federal government into external borrowings, while expressing optimism that the end of fuel subsidy would recoup funds into the national treasury well enough for developments.
The coalition expressed the concern that if nothing was done by the Federal government of Nigeria to end the regime, it  would further cause economic catastrophy.
In a 7-point communique after a conference of the Coalition which was held simultaneously in Lagos and Abuja, a copy of which was made available to the Guardian on Friday, the Coalition urged the Federal government to be committed to the planned ending of the fuel subsidy regime, adding that it was the right step towards recovering the nation’s economy.
The Coalition which comprised of 82 Civil Society Coalitions insisted that Nigeria’s economy is being about one of the most volatile in the world, recalling that there was a time a barrel of crude oil was sold for $150, but for the past six years, it has reduced to $60, a situation the group lamented, was unsustainable.
The conference, titled: “Fuel Subsidy Removal in Nigeria”, pointed out, would recycle the economy on the part of productivity and growth, if the amount being paid as cost of fuel subsidies were channelled into provision of infrastructure and other social sectors of the economy.
The communique which was signed by the convener, Com. Yusuf Dan Maitama and the Secretary, Com. Badaru Ayewoh further recommended that fuel subsidy regime should be stopped effective from January, 2022.
Part of the communique reads:  “That the resource persons who are world class researchers in the oil and gas industry extrapolated issues bordering on Nigeria’s oil and gas industry, and identified Nigeria’s major economic challenges as that of active fuel subsidy regime.
“In the group discussions, participants were unanimous that Nigeria was the only country in the world that sustained fuel subsidy regime for the past 20 years.
“The fuel subsidy regime was a capitalist and elitist policy that services only the top-heavy, hence, successive governments found it difficult to implement their economic policies.
“It was pointed out that the Federal government of Nigeria spends N250 billion on fuel subsidy every month. The development, discussants averred was largely responsible for national debts as revenue coming into the Consolidated Revenue Fund (CRF) account are used to settle the fuel subsidy.
The group pleaded with the organised labour not to embark on strike on account of ending subsidies, while they asked the Federal government to forward a budget for N5000 grants to be disbursed to citizens to cushion the effect of fuel subsidy removal in 2022.
“That the Federal Government of Nigeria should end fuel subsidy regime effect from 1st January, 2022 in order the save the sum of N250 billion monthly as the economy of Nigeria has become very fragile given the financial burden orchestrated by the subsidy regime.
“That Nigeria is a monolithic economy  as such, revenue earnings must be jealously guarded and which should be channeled into road construction, power, education, health and development of its youth.
“That the organised labour should be considerate and not to embark on strike action in the circumstance that the Federal government has ended fuel subsidy regime, given the reversal of huge resources back into the Federal government coffers.
“That the Federal government and all stakeholders in the oil and gas industry should strictly enforce the provisions of Petroleum Industry Act (PIA), which came into effect after it was signed into law by President Muhammadu Buhari.
“That the Federal government, private and public sectors should embark on sensitisation of Nigerians on the need for immediate removal of fuel subsidy in order to save the nation from further financial hemorrhage.
“The federal government of Nigeria should forward the budgetary provision of N5000 grant to citizens to cushion the effect of fuel subsidy removal to the two arms of the National Assembly for legislative debate before the passage of 2022 budget.
“The Civil Society Coalition commends the Group Managing Director of Nigeria National Petroleum Corporation (NNPC) Limited for his commitment to the stability of oil and gas industry in Nigeria

Politics

Defections Won’t Break PDP in Sokoto, Says Former Senator Gada

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A former senator representing Sokoto East Senatorial District, Abubakar Umar Gada, has assured members and supporters of the Peoples Democratic Party (PDP) that the party remains strong and united in Sokoto State despite recent defections by some political figures.

Gada gave the assurance in a statement issued on Thursday in Sokoto, where he urged party loyalists to remain calm, focused and committed to the ideals of the PDP.

According to him, political defections are not unusual in Nigeria’s democratic landscape and should not be seen as a threat to the stability and strength of the party in the state.

SEE MORE: PDP’s Festering Crisis Chases Tambuwal to ADC

The former lawmaker stressed that the PDP still enjoys a strong grassroots presence in Sokoto, noting that the party’s structure across the state remains intact and capable of delivering electoral victories.

He explained that the strength of the PDP lies in the loyalty and dedication of its members, leaders and supporters who have remained committed to the party through various political challenges.

Gada also pointed out that politics allows individuals the freedom to make personal decisions, but maintained that the PDP as an institution remains resilient and firmly rooted in the aspirations of the people of Sokoto State and Nigeria.

He further disclosed that the party’s national leadership has already initiated measures aimed at strengthening internal unity and consolidating party structures across the country.

According to him, consultations and reconciliation efforts are currently ongoing among key stakeholders to address emerging concerns and reinforce unity within the party.

Gada noted that such engagements are designed to ensure the PDP moves forward with renewed focus, stronger unity and a clear commitment to democratic values.

He recalled that the party has successfully navigated several political challenges in the past and has consistently emerged stronger.

The former senator therefore urged PDP members in Sokoto State to remain steadfast and avoid actions capable of creating divisions within the party.

He also called on supporters to intensify grassroots mobilisation and strengthen party structures across all levels as the party prepares for future political contests.

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PDP’s Festering Crisis Chases Tambuwal to ADC

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The lingering intra-party crisis in the Peoples Democratic Party (PDP) has forced senator representing Sokoto South, Aminu Tambuwal to dump the party for the African Democratic Congress (ADC).

Tambuwal, a former governor of Sokoto State, disclosed this in a resignation letter dated March 11, 2026, addressed to the PDP ward chairman in Tambuwal/Shinfiri Ward of Tambuwal Local Government Area.

The letter, which was made available to journalists on Thursday, said the decision followed consultations with his political associates and supporters.

ALSO READ: NNPC Secures Tinubu’s Approval for $20bn FID on Bonga Deepwater Project

“After deep reflection and extensive consultations with my political associates and supporters, I have decided to resign my membership of the Peoples Democratic Party with immediate effect,” Tambuwal stated.

According to the former Speaker of the House of Representatives of Nigeria, lingering disputes and leadership disagreements in the PDP made it increasingly difficult for him to remain in the party.

“The persistent internal crises, leadership disagreements and growing divisions within the party have made it increasingly difficult for me to continue my membership,” he added.

Despite leaving the party, the senator expressed appreciation to the PDP for the opportunities it gave him to serve in different capacities.

“I remain grateful to the party for the platform it provided me to serve Nigeria as Speaker of the House of Representatives and later as Governor of Sokoto State,” he said.

Tambuwal confirmed that he had joined the ADC alongside his political associates and supporters, describing the move as part of efforts to strengthen democratic values and provide a credible political alternative.

“My decision is guided by the conviction that Nigeria requires a stronger political platform built on integrity, accountability, inclusiveness and a clear commitment to national development,” he added.

Tambuwal served as Speaker of the House of Representatives between 2011 and 2015 before emerging governor of Sokoto State in 2015 under the All Progressives Congress (APC). He later defected to the PDP the same year and was re-elected governor in 2019.

After completing his second term in 2023, he was elected to the Nigerian Senate to represent Sokoto South.

His defection to the ADC is expected to alter the political dynamics in Sokoto State, where he remains one of the state’s most influential political figures.

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Political Earthquake in Zamfara as Gov Lawal Dumps PDP for APC

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Governor Dauda Lawal of Zamfara State has explained that the persistent crisis and legal disputes within the Peoples Democratic Party compelled him to defect to the All Progressives Congress.

The governor’s defection was formally announced on Monday by his deputy, Mani Mummuni, after a stakeholders’ meeting held at the Government House in Gusau.

In a statement issued by the governor’s spokesperson, Sulaiman Bala Idris, the move was described as a necessary step taken in the interest of the state and supported by political stakeholders across Zamfara.

SEE ALSO: JUST IN: PDP Crisis Deepens as Appeal Court Upholds Ban on Ibadan Convention

According to the statement, Governor Lawal had remained committed to the PDP despite the ongoing leadership crisis and had made several efforts to reconcile factions within the party.

However, attempts to achieve peace and unity reportedly failed, leading to prolonged legal battles.

The development followed a judgment by the Court of Appeal in Abuja, which dismissed an appeal filed by the PDP challenging an earlier ruling of the Federal High Court.

The earlier judgment had restrained the Independent National Electoral Commission from recognising the outcome of the party’s national convention held in Ibadan, Oyo State.

The governor was said to have informed political stakeholders during a series of meetings that he would make a final decision about his political future after the appellate court delivered its ruling.

Following the judgment, Lawal concluded that joining the APC would better position him to continue what he described as the “Zamfara Rescue and Rebuild Mission.”

His defection marks a significant shift in the political landscape of Zamfara State and could influence political alignments ahead of the 2027 general elections.

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