Atiku vs subsidy: Experts urge FG to cushion economic pain

Energy experts and economists have endorsed Atiku Abubakar's proposal for a review of the Federal Government's petrol subsidy policy, urging President Bola Tinubu to introduce targeted measures to mitigate the hardship caused by the removal of the subsidy. However, they caution against a blanket return to the old subsidy regime, emphasizing the need for transparency, accountability, and proper implementation of any intervention.

Atiku's plan would involve providing domestic crude at a preferential price to refineries, contingent on strict production, efficiency, transparency, and domestic-supply conditions.

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