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Instead of Using Subsidy to Reduce Fuel Prices, It’s Being Funneled into Bank Accounts of Parasites Holding Nigeria Hostage — Dan Bello Knocks Tinubu

Bello Galadanchi, a skitmaker popularly known as Dan Bello, has criticized Tinubu for channeling money meant for fuel subsidy to his personal use while telling Nigerians to be patient with him.

Bello stated this in a video he shared on his X handle on Tuesday. In the video, Bello referred to Tinubu as ‘Tulumbu’

Dan Bello said,”Is it true that fuel subsidy is back in Nigeria?

Dan Bello [Daily Trust]

“Tulumbu removed subsidy without even stepping into office, this increased the fuel price from N180 to N618

“But Nigerians are urged to be patient as the president buys new jet, builds a new residence for the VP and sabotages the nations economy.

“But Oando that is owned by Tulumbu and his family is prospering. For example, NNPC just bought all Oando’s 380 filling stations at a cost of 140 billion naira.
Filling station? Each one at a price of 300 million naira?

“Let’s not forget. Oando is owned by Tulumbu and his family. We’re just hearing that subsidy is back. Wait! Wait! Wait!
Despite the huge fuel price hike, there is subsidy which no one knows about. Now NNPC is in debt.

“This disclosure also revealed that this is the largest amount of subsidy ever issued for fuel in Nigeria.

“Amongst all these, fuel is becoming more scarce and a liter is approaching 1000 naira. This means that Nigeria will face even more hardship. Subsidies will still be paid to NNPC, Matrix, Oando etc.

READ MORE: While US President Still Using 34-Year-Old Plane But Tinubu Abandoned 19-Year-Old Aircraft – Report

“Here is a question.. How much was spent in trying to fix Nigeria’s 4 refineries to no avail, 25 billion dollars or 35 trillion. 1 billion is 1000 million, 1 trillion is 1000 billion.

“In short the money spent to fix these refineries is enough to build Dangote’s new refinery and provide change of 5 billion dollars or 8 trillion Naira.

“This money will build 20,000 new primary school in Nigeria or 25 new schools in every local government in Nigeria.

“NNPC is proud to announce a profit of 3 trillion naira. This is it’s highest profit ever while Nigeria’s poor is going through record suffering. Well, where are the legislators?

“Except the few ones insulting people’s poverty on social media. In short, yes, Subsidy is back.

“Instead of this subsidy to reduce fuel price,no, it’s going into the account of the parasites holding this country hostage.

“They are positioning the oil sector to benefit them, their families and cronies. As fuel price rises they earn their profit. So what should we do? Should we cry for hunger or for suffering?,” he lamented.

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