Atiku doubles down on restoring fuel subsidy
The presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has doubled down on his promise to restore petrol subsidy if elected president in 2027, contradicting his spokesperson, Paul Ibe, who earlier said the intervention would eventually be phased out. Atiku, in a statement on Tuesday, on his X handle, said his position on […]
Atiku Abubakar, the presidential candidate of the African Democratic Congress (ADC), has reaffirmed his commitment to restoring the petrol subsidy if elected president in 2027, despite his spokesperson's earlier claim that it would eventually be phased out. Speaking on his X handle, Atiku stated that his stance on the subsidy "has not changed and will not change," emphasizing that he would restore targeted subsidy to alleviate the economic hardship affecting Nigerians.
He argued that a nation as wealthy as Nigeria has no reason to abandon its citizens to hardship and claimed that the country is well-equipped to support its citizens. Atiku's proposed policy aimed to restore the purchasing power of Nigerians by making wages more valuable, reducing transportation costs for farmers, and making food more affordable for households.
He further criticized the current administration for removing petrol subsidies alongside other significant economic reforms without allowing Nigerians enough time to adjust, saying, "When fuel rises, transport rises. When transport rises, food rises. When food rises, families suffer."
Written by urgent.news from Daily Trust's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
