Former Presidential aide, Reno Omokri, has described President Bola Tinubu as a prophet whose forecast is beginning to unfold, especially with the ongoing price competition between Dangote Refinery and NNPCL....Read Full Article >>➤
According to Omokri, Tinubu removed fuel subsidies and predicted that prices would rise initially before gradually decreasing, but many Nigerians criticised him.
However, nearly twenty months later, his prophecy is beginning to unfold. Omokri said this in a statement he shared via his X handle on Wednesday, March 5.
The statement reads: “When President Tinubu removed fuel subsidies and said prices would initially rise and gradually fall, many Nigerians insulted him. Twenty months later, what he said has prophetically started manifesting in reality with the Dangote Refinery-NNPCL price war. Nigerians can expect more petrol price reductions.
“As the President explained when he courageously removed fuel subsidies, competition among sellers results in celebrations for buyers.
“Under President Tinubu, we have had the first Christmas and Ramadan in Nigeria’s history when food and fuel prices were simultaneously reduced, and neither commodity was scarce. Inflation has reduced from close to 40% to 24.48% in February.
“In the past, the reverse was the case. We had fuel queues, food shortages, and higher prices during these festivities.
“This is one of the fringe benefits of having a First-Class accountancy graduate as your president. If the second-class lower philosophy graduate had been President, it is unlikely that these price reductions would have occurred.”
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