Nigeria: If Elected President I Will Restore Fuel Subsidy - Atiku
[This Day] Former Vice President and presidential candidate of the African Democratic Congress (ADC), Alhaji Atiku Abubakar, has pledged to restore Nigeria's petrol subsidy if elected president in the 2027 presidential election.
Former Vice President Alhaji Atiku Abubakar, representing the African Democratic Congress, has announced his intention to restore Nigeria's petrol subsidy if elected president in the 2027 election. This pledge was made during a Facebook Live session where he addressed questions about the removal of the subsidy and its impact on the population.
Atiku did not initially oppose the removal of the fuel subsidy policy. However, he has since expressed concerns about the whereabouts of the funds saved from its discontinuation, questioning their utilization in vital sectors such as healthcare, education, and security. He urged, "If I win the presidential election, I will restore the subsidy. And anyone who stole Nigeria's subsidy funds must return the money."
President Bola Tinubu announced the petrol subsidy removal during his inauguration on May 29, 2023. This decision led to a significant rise in fuel prices, subsequently causing an increase in transportation, food, and other living expenses for Nigerians. Tinubu defended the move, stating that the subsidy had become unsustainable for the country to maintain.
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