Atiku accuses Tinubu of favouring oil companies with tax incentives amid rising petrol prices 

Former Vice-President Atiku Abubakar has accused the Federal Government of giving taxation incentives and different benefits to lipid companies portion Nigerians proceed to conflict with precocious petrol prices and the rising outgo of living.

Atiku, the African Democratic Congress (ADC) statesmanlike candidate, made the allegation successful a connection issued connected Sunday by his Senior Special Assistant connected Public Communication, Phrank Shaibu.

He said President Bola Tinubu’s determination to region the petrol subsidy was inconsistent with the government’s continued usage of taxation credits, concessions and different incentives to enactment petroleum investors.

“Nigerians were told determination was nary alternate and that enduring this symptom was the indispensable terms of economical reform. But erstwhile large lipid investors sound connected Tinubu’s door, the sermon changes,” Atiku said.

He argued that the government’s heavy offshore lipid and state incentives let eligible projects to person accumulation taxation credits of betwixt $3 and $4.50 per barrel, with different incentives perchance expanding the full payment to $11.50 per tube successful immoderate cases.

“So, what precisely is Tinubu’s objection: authorities involution itself, oregon authorities i...