RENO Omokri, an ex-presidential aide to former president Goodluck Jonathan, has revealed why the Federal government is delaying in hiking of fuel price.
Vice President, Yemi Osinbajo had stated two years ago that the best thing that could happen to the nation was the bold step taken by the President Muhammadu Buhari to remove subsidy from the product.
He was later quoted to have said that the NNPC and not the Federal Government pays for the fuel subsidy that has emerged with the N171 landing cost as against the official retail price of N145.
The NNPC is a subsidiary under the federal government and the President is the incumbent minister of petroleum.
Omokri said the only reason the government is delaying is because of the shame that will accompany the pronouncement that it has been paying for the same fuel subsidy it criticised under his former boss, Goodluck Jonathan.
He reacted through his Twitter handle @renoomokri.
“The Buhari administration is going to increase fuel price sooner than later. Mark my words. The only reason for the delay is that they are ashamed to tell Nigerians that they have been paying the same subsidy they claimed was a scam under Jonathan but can no longer afford to pay.”