Close Menu
    Facebook X (Twitter) Instagram
    The Hints News Media Limited
    • Home
    • News

      EFCC Hands Over N3bn Recovered Funds To NNPCL

      Sponsor: Obagah izuagie March 18, 2026

      Troops Eliminate Over 80 Terrorists In Borno

      Sponsor: Halimat ibrahim March 18, 2026

      Momodu: Omokri, Fani-Kayode Shameless, Lack Credibility

      Sponsor: Adeniyi Adedeji March 18, 2026

      NCAA Issues AOC To Binani Air Global For Scheduled Flight Operations

      Sponsor: Adeniyi Adedeji March 18, 2026

      Tinubu Directs Political Appointees Seeking Elective Office To Resign

      Sponsor: Adeniyi Adedeji March 17, 2026
    • Politics

      Momodu: Omokri, Fani-Kayode Shameless, Lack Credibility

      Sponsor: Adeniyi Adedeji March 18, 2026

      Tinubu Directs Political Appointees Seeking Elective Office To Resign

      Sponsor: Adeniyi Adedeji March 17, 2026

      Nwoye May Emerge Consensus Candidate For APC Deputy National Chairman, South, Oyiborume National Secretary

      Sponsor: Adeniyi Adedeji March 15, 2026

      NEF: Removing Certificate Forgery As Ground for Electoral Petition Raises Concerns About Electoral Integrity

      Sponsor: Obagah izuagie March 15, 2026

      2027: Bala Mohammed Moves To Join APC

      Sponsor: Adeniyi Adedeji March 15, 2026
    • Business

      NCAA Issues AOC To Binani Air Global For Scheduled Flight Operations

      Sponsor: Adeniyi Adedeji March 18, 2026

      FG, Firm Partner To Slash Transport Cost Via Inland Waterways

      Sponsor: Obagah izuagie March 15, 2026

      NCAA Grants Air Operator Certificate To Enugu Air 

      Sponsor: Obagah izuagie March 10, 2026

      Aviation Minister Directs Hybrid Access Gate Payment System At Airports

      Sponsor: Obagah izuagie March 10, 2026

      Tinubu Announces Resolution Of OPL 245 Dispute   

      Sponsor: Adeniyi Adedeji March 5, 2026
    • Sports

      NOC Set To Host IOC-backed Advanced Gender-inclusive Governance Course In Abuja

      Sponsor: Modupeola oyewale March 3, 2026

      ACFTA Fest 2026: Super Eagles Legends to Play African Legends In Abuja

      Sponsor: Adeniyi Adedeji February 5, 2026

      NSC Secures Pre-Games Camp For Team Nigeria Ahead Of 2026 Commonwealth Games

      Sponsor: Modupeola oyewale January 25, 2026

      Nigeria Hosts Inaugural Africa Running Conference

      Sponsor: Modupeola oyewale October 22, 2025

      FIFA Sanctions South Africa For Fielding Ineligible Player

      Sponsor: Adeniyi Adedeji September 29, 2025
    • Health

      NGO: Primary Healthcare Facilities In Osun Communities In Ruins

      Sponsor: Adeniyi Adedeji January 27, 2026

      How Kidney Disease Epidemic Exposes Yobe’s Healthcare, Water Challenges 

      Sponsor: Usman MuntariJanuary 4, 2026

      Experts Seek Data-Driven Policies To Build Nigeria’s Resilient Health Systems

      Sponsor: Abbas JimohOctober 26, 2025

      CARE Nigeria Trains 500 Health Workers, Lunches Digital Learning Platform In Katsina

      Sponsor: Abbas JimohOctober 26, 2025

      ’54-year Life Expectancy Exposes Structural Weaknesses In Nigeria Health Sector’

      Sponsor: Abbas JimohOctober 22, 2025
    • Education

      ASSAM Urges FG To Boost Revenue Through Skills, Training

      Sponsor: Obagah izuagie February 5, 2026

      Adifase High School Apata, Ibadan In Ruins

      Sponsor: Odeyinu temidayoJanuary 30, 2026

      House Directs Education Ministry, WAEC to Halt Planned 2026 CBT Exam

      Sponsor: Esther musaNovember 13, 2025

      Strike: House Moves To Intervene In FG, ASUU Face-off

      Sponsor: Halimat Ibrahim October 14, 2025

      In New Education Policy, English, Mathematics No Longer Compulsory For Certain Courses 

      Sponsor: Adeniyi Adedeji October 14, 2025
    • Entertainment

      40andFabulousNaija Reality TV Show Season 3 Meant to Reposition Women from Age 40

      Sponsor: Halimat Ibrahim September 23, 2025

      Nollywood Actor, Don Richard Seeks Financial Assistance As He Battles Kidney Disease

      Sponsor: Adeniyi Adedeji July 31, 2025

      Wrestling Legend, Hulk Hogan’s Cause Of Death Revealed 

      Sponsor: Modupeola oyewale July 25, 2025

      Davido Pulls Out Of 50 Cent’s Concert In London 

      Sponsor: Esther musaJune 15, 2025

      Gwo Gwo Gwo Ngwo Crooner, Mike Ejeagha Dies At 95

      Sponsor: Esther musaJune 7, 2025
    Trending
    • The Man Who Sold His Neighbour’s House to Pay for His Second Wife: A Nigerian Political Parable
    • EFCC Hands Over N3bn Recovered Funds To NNPCL
    • Troops Eliminate Over 80 Terrorists In Borno
    • Momodu: Omokri, Fani-Kayode Shameless, Lack Credibility
    • Unregulated Food Environment: Nigeria Is Eating Itself To Death
    • NCAA Issues AOC To Binani Air Global For Scheduled Flight Operations
    • Tinubu Directs Political Appointees Seeking Elective Office To Resign
    • Cross River North: Jarigbe Set For Historic “Meet The People” Tour
    The Hints News Media Limited
    Home » CHRICED Flays Sneaky Return of Petrol Subsidy Payment

    CHRICED Flays Sneaky Return of Petrol Subsidy Payment

    Hints NewsBy Hints NewsSeptember 28, 2023No Comments4 Mins Read
    Share Facebook Twitter LinkedIn WhatsApp Email Telegram Copy Link
    Share
    Facebook Twitter Email Telegram WhatsApp Copy Link

    Following media reports that the federal government had surreptitiously resumed the payment of subsidy of petrol since August 2023, Resource Centre for Human Rights & Civic Education (CHRICED), has said that it was difficult to understand why Bola Tinubu’s administration is taking a contradictory stance.

    Its Executive Director, Ibrahim Zikirullahi, in a statement issued on Wednesday said If these reports, which the government has not denied, are accurate, it was evident that the citizens have again been deceived and duped. 

    It noted that the Federation Accounts Allocation Committee (FAAC) records, according to media  reports, indicated that the Nigeria National Petroleum Company Limited (NNPCL) paid a subsidy of N169.4 billion in August. 

    It emphasised that despite professing for several weeks that it made a courageous and bold decision to end the subsidy regime, it was now evident that the government has reinstated the scheme in a manner that is opaque and lacks transparency.

    Advertisement

    The group stated: “The Resource Centre for Human Rights & Civic Education (CHRICED) is surprised by recent wide reports across credible news platforms to the effect that the federal government has since August 2023, surreptitiously resumed the payment of subsidy on Premium Motor Spirit (PMS).

    “Regrettably, the price of PMS will not return to what it was before May 29th even with the reinstatement of subsidy payments. Given that Nigerians have suffered greatly due to the government’s lack of direction and clarity on the issue of subsidy removal, it is difficult to understand why Tinubu’s administration is taking a contradictory stance, and what is motivating the Federal Government’s approach of flip-flopping on the matter.”

    It recalled that on May 29, when the President made his “subsidy is gone” declaration, he claimed he did so, because he was possessed by the spirit of courage, saying  this was even without any clear plans for the aftermath of the subsidy removal. 

    It said when labour, CSOs, and other close watchers of the process insisted that there had to be a plan for domestic production and to cushion the effects of such a harsh policy, especially by dealing with oil thefts, they were dismissed as elements who wanted the corrupt, wasteful, and fraudulent subsidy to continue. 

    It pointed out that at the time, Nigerians who objected to the harshness of the policy were told to make the required sacrifice to save the nation from further financial hemorrhage. 

    It said the government’s spin doctors, campaigners, and hangers-on were everywhere arguing that the removal of the fuel subsidy would eliminate fiscal constraints, curb corruption and mismanagement in the oil sector, and eliminate the unsustainable cost of the subsidy due to rising fuel prices and a growing population. 

    It noted: “However, less than 100 days in office, Tinubu’s government reversal, as evident in the covert reintroduction of subsidy payments, prompted close observers to wonder: what happened to the “spirit of courage” that President Bola Ahmed Tinubu claimed he possessed? Is it because the petroleum subsidy is no longer sham? Could it also be stated that the government no longer has to cope with oil thefts and frauds? Or is it possible that Tinubu’s government is currently being held hostage by the subsidy cabal and forced to reverse its position. 

    “Whatever the motivation, it is disturbing and unacceptable that the same administration, which previously praised itself for sparing the nation from the needless spending associated with subsidies, is now returning the nation to the same path through the back door. 

    “This means that the trillions of Naira that the government claimed to have saved by eliminating subsidies are now systematically being conned under the guise of resumption of subsidy payments. 

    “We have always made it clear that the removal of subsidies will be a never-ending process unless Nigeria ends its current absolute reliance on importation of refined petroleum products to satisfy its energy requirements.

    “Instead of taking decisive action to restore the nation’s refineries, successive governments have relied heavily on imports to meet the nation’s fuel needs. Consequently, the government must promptly put on its thinking cap and find a solution to this problem.”

    The group, therefore, urged genuine activists, journalists, advocates, and citizens to keep the government on its toes through stringent demands for accountability. 

    It also called on the government to provide full disclosure of companies that received the recent subsidy payments and the goods or services they provided to qualify for such payment.

    The group said the country must never forget that the corruption that flourished under the previous subsidy regime was the result of dishonest and underhanded dealings by corrupt marketers/companies.

    It maintained that all forms of opaqueness and secrecy would always lead to bad outcomes for the country.

    Subsidy
    Share. Facebook Twitter Telegram Email WhatsApp Copy Link
    Previous ArticleLukman:  Akande, Oshiomhole Agree APC Must Return to Its Founding Vision
    Next Article Despite Economic Hardship, Deputy Speaker’s Official Car Cost N82.6m

    Related Posts

    EFCC Hands Over N3bn Recovered Funds To NNPCL

    Sponsor: Obagah izuagie March 18, 2026

    Troops Eliminate Over 80 Terrorists In Borno

    Sponsor: Halimat ibrahim March 18, 2026

    Momodu: Omokri, Fani-Kayode Shameless, Lack Credibility

    Sponsor: Adeniyi Adedeji March 18, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How NSCDC Spent N169.4m to Feed 18,821 Personnel For Three Days During 2022 Ekiti Guber Polls

    Sponsor: Adeniyi Adedeji January 21, 2026

    Motor Vehicles Tinted Glass Permit: Streamlining Compliance And Combating Harassment

    Sponsor: Akinloye oyeniyi October 2, 2025

    Adifase High School Apata, Ibadan In Ruins

    Sponsor: Odeyinu temidayoJanuary 30, 2026

    Presidential Pardon For Kanu Will De-escalate Tension, Says House South-east Caucus 

    Sponsor: Adeniyi Adedeji November 24, 2025
    Don't Miss
    Opinion

    The Man Who Sold His Neighbour’s House to Pay for His Second Wife: A Nigerian Political Parable

    Sponsor: Samuel MedayeseMarch 22, 2026

    There is a peculiarly Nigerian species of political actor — let us call him Mallam…

    EFCC Hands Over N3bn Recovered Funds To NNPCL

    Sponsor: Obagah izuagie March 18, 2026

    Troops Eliminate Over 80 Terrorists In Borno

    Sponsor: Halimat ibrahim March 18, 2026

    Momodu: Omokri, Fani-Kayode Shameless, Lack Credibility

    Sponsor: Adeniyi Adedeji March 18, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest news from TheHintsNews.

    About Us
    About Us

    TheHintsNews is situated in the Federal Capital Territory, Abuja.
    It is an authoritative news publication that covers varieties of news items including; politics, sports business, health and entertainment. It is a hub and melting pot of different ideas.
    To be a distinct media organisation that can be relied on when it comes to accurate, balanced, incisive news reports.

    Facebook X (Twitter)
    Our Picks

    The Man Who Sold His Neighbour’s House to Pay for His Second Wife: A Nigerian Political Parable

    Sponsor: Samuel MedayeseMarch 22, 2026

    EFCC Hands Over N3bn Recovered Funds To NNPCL

    Sponsor: Obagah izuagie March 18, 2026

    Troops Eliminate Over 80 Terrorists In Borno

    Sponsor: Halimat ibrahim March 18, 2026
    Most Popular

    Holy Michael High School: A Citadel of Learning In Ruins

    December 28, 202420

    The Battle For The Soul Of Osun State

    Sponsor: Dr. Olayinka OlatunbosunSeptember 25, 2025

    Is Government Culpable In Enforced Disappearance Of Young Nigerians By Nebaioth Academy?

    Sponsor: Adeniyi Adedeji May 30, 2025
    © 2026 TheHintsNews. Designed by WEBsolute.
    • Home
    • Editorial team
    • About us
    • Contact us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.