A former Governor of Bauchi State, Isa Yuguda, has stated that the Federal Government still pays subsidy on petroleum products.
In his inaugural speech last year, President Bola Tinubu announced that fuel subsidy is gone, adding that the 2023 Budget made no provision for fuel subsidy and more so, subsidy payments were no longer justifiable.
The International Monetary Fund (IMF) in one of its reports last month also advised Nigeria to completely phase out costly fuel and electricity subsidies as part of measures to address its economic challenges.
Speaking on a monitored programme, Yuguda said if the IMF says we are paying subsidy, then we are.
He, however, said the subsidy that was removed was the one that was going into private pockets.
The former Bauchi Governor equally said with more monies accruable to the subnational governments as a result of subsidy removal, they should do more to better the lot of their subjects.