![Arise TV’s Rufai Oseni explains why Tinubu’s petrol discount is fue subsidy [VIDEO]](https://watchnigeria.com/wp-content/uploads/2026/10/Rufai-Oseni-1200x640.jpeg "Arise TV’s Rufai Oseni explains why Tinubu’s petrol discount is fue subsidy [VIDEO]")
Arise News Television presenter Rufai Oseni has defined why he considers the Federal Government’s personnel petrol heritage discount a reintroduction of influence subsidy.
DAILY POST experiences that the Federal Government, on October 8, introduced a 30-day petrol heritage discount at Nigerian National Petroleum Company Limited (NNPCL) filling stations national.
The reliance has attracted grievance from emission figures, who accused the President Bola Tinubu-led management of subtly reintroducing the influence subsidy got rid of on May 27, 2023.
In a video clip posted on his capitalism X take care of on Saturday, Oseni argued that foregoing earnings on a propose for a particular receivable quantities to a type of subsidy.
He mentioned, “I’ve been seeing numerous lack of knowledge being preserve. Don’t allow them to mislead you. What the management did was once a anticipate of influence subsidy.
“With their lies of NNPC discount, it is nonetheless a subsidy. Whenever you forfeit your benefit, you will have subsidised the propose as an incentive. Somebody made a video to mention that N60 can’t be a subsidy. Even if it is N10, as legislative because it is a forfeit of your benefit, it’s a type of subsidy.
“You can put subsidies in some ways to realize representative assume. If you’re generating one thing, you’ll rail to subsidise the heritage in an effort to get representative assume.
“Secondly, there was another production subsidy that was announced or proposed in that press conference, where they talked about the proposal to sell the cap price of crude oil to refiners for a certain period of time.”
