The ruling All Progressives Congress had described the condemnation of deregulation policy of the federal government by the People’s Democratic Party and it’s Presidential candidate at the last general election, Alhaji Atiku Abubakar as the height of hypocrisy.
The statement reads in part: “As genuine patriots, reputable groups and organizations, make honest contributions to the reactions about the deregulation of electricity and petrol prices, we receive with some amazement comments attributed to the People’s Democratic Party , and Alhaji Atiku Abubakar, condemning the decision of the Buhari administration to deregulate the PMS sector.
The ruling party also noted that Atiku’s hypocrisy was his pretentious promise to deregulate the downstream petroleum sector by privatizing the NNPC during the electioneering campaign of 2019. Quoting from his specific words about the privatization of the NNPC as a springboard for the deregulation of the downstream sector, Atiku said, “Privatising NNPC would be to our advantage. We are not going to lose anything, but we will rather gain a lot,” Guardian of January 17, 2019 had reported.
APC further noted that in June, Atiku, in a tweet, hailed the Buhari administration’s drive to remove subsidy on petrol, saying that “the stoppage of subsidy and price-fixing is a right move, although it should have come earlier when the economy was stronger.” “Describing the deregulation of the price of petrol by the APC-led government as callous and cruel is rather sarcastic and tongue-in-cheek, given the pain and anguish suffered by Nigerians on long queues at petrol stations when the PDP-led government presided over a very corrupt subsidy regime.
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