Details have emerged on how security advice forced the President, Major General Muhammadu Buhari (retd), to make a U-turn on the decision to remove fuel subsidy.
An impeccable security source said that intelligence handed over to the President by security officials showed that the protests that would have accompanied the subsidy removal might have been far worse than the mass protests against police brutality that grounded many parts of the country in 2020.
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The official, who spoke on strict condition of anonymity because he was not authorized to speak with the press, said the President was eager to implement the Petroleum Industry Act which would have ensured that subsidy was removed by June and investments in the oil sector increased.
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