In six months, Oil subsidy rose from N300billion to N2.3trillion under Jonathan

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Governor Chibuike Amaechi has lashed at the federal government for mismanaging the fuel subsidy program, saying it confirmed the high level of corruption at the centre. Vanguard reports

The governor who spoke in Government House, Port Harcourt, when he received a presidential aspirant in his party, Alhaji Rabiu Musa Kwankwanso who was in the state to seek support of delegates, also blamed what he termed the indecisiveness of the federal government for the worsening security situation in the north eastern part of the country.

“You are aware we met in the governors’ forum. Under Obasanjo, oil subsidy was N200 billion and rose to N300 billion. Under President Yar’Adua, it remained at N300 billion. President Yar’Adua died in 2011, six months of President Goodluck Jonathan, oil subsidy rose from N300 billion to N2.3trillion. You can ask him, it’s public knowledge,” Amaechi said.