Arise TV’s Rufai Oseni Explains Fuel Subsidy Controversy in Petrol Discount

Arise News Television presenter Rufai Oseni has weighed in on the recent controversy surrounding the Federal Government’s petrol price discount, suggesting that it could be a reintroduction of fuel subsidy. The government, through the Nigerian National Petroleum Company Limited (NNPCL), announced a 30-day discount on petrol prices at its filling stations across the nation on October 8. However, this move has attracted criticism from various quarters, including Arise TV’s Rufai Oseni. According to Daily Post Nigeria, Oseni considers the discount as a return to fuel subsidy, a policy that has been criticized for its inefficiency and financial burden on the government in the past. The government has not yet commented on Oseni’s statement. The petrol price discount comes amidst rising inflation and economic hardship in Nigeria, with many Nigerians calling for a reduction in the price of fuel, a staple commodity for transportation and various household activities. The controversy over the discount is expected to continue as Nigerians watch for the government’s response.