By Luminous Jannamike

ABUJA – The Allied Peoples’ Movement, APM, has accused the Federal Government of giving Nigerians a false account of how more than N27 trillion generated from the removal of petrol subsidy was spent, describing its report as a ‘litany of lies, inconsistencies and false claims’.

The party said the report raised fresh questions about how much was actually saved, how much was shared among the three tiers of government, and what the funds were used for.

In a statement by its National Publicity Secretary, Abubakar Yusuf, the APM said its July 9 demand for a comprehensive account of the subsidy proceeds had prompted the Federal Government’s report.

“The Allied Peoples’ Movement (APM) dismisses the Tinubu-led APC administration’s report on the spending of over N27 trillion realized from the removal of subsidy on petroleum products, describing it as a litany of lies, inconsistencies and false claims ostensibly to hoodwink Nigerians and divert public attention from the massive looting of the funds under the APC administration,” Yusuf said.