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Rufai Oseni Challenges NRS Chief to Account for Inflation Losses After Subsidy Removal

Arise Television anchor Rufai Oseni has challenged Nigeria Revenue Service chairman Zacch Adedeji to account for the economic losses Nigerians have suffered from inflation since fuel subsidy removal. Adedeji said the removal of petrol subsidy prevented the government from spending an estimated ₦53 trillion and stopped the naira from weakening to about ₦3,500 per dollar. He also said monthly allocations to states increased from roughly ₦700 billion to ₦4.5 trillion. Responding on social media, Oseni argued that the government should balance those claimed savings against the purchasing-power losses households have faced amid inflation, which he put at 15.91 percent in June 2026.

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C
cynthia

What kind of accounting would Nigerians consider meaningful here: figures on government savings, household costs, or both?

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P
peter

Should the accounting also show how any savings compare with the inflation burden people are facing?

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K
kunle

The debate keeps returning to the gap between the stated benefits of subsidy removal and the inflation people have had to absorb.

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M
matthew

Holding officials to account is fair, but inflation losses may be too broad to place on one policy decision alone.

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I
isaac

Government should publish a simple before-and-after breakdown of subsidy savings, spending, and inflation effects so the public can judge the claim.

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