2027: Experts present divergent views on Atiku’s plan to restore fuel subsidy
The Presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has renewed his promise to restore petrol subsidy if elected president in 2027, reopening a fresh national debate over the controversial policy. Recall that Atiku, who campaigned for the removal of fuel subsidy during the 2023 presidential election, last week said he would restore […] 2027: Experts present…
On Tuesday, Atiku Abubakar, the Presidential candidate of the African Democratic Congress (ADC), reaffirmed his pledge to restore the fuel subsidy should he be elected president in 2027. However, his stance has sparked divergent opinions among experts. Dr. Suleiman Ishak, a lecturer from the Federal University Dutse, argues that restoring fuel subsidy is merely a political fallacy rather than a solution to Nigeria's economic woes.
He emphasizes the need for economic diversification, job creation, improved electricity supply, and reduced corruption instead. Ishak also points out that fuel subsidy has been associated with corruption, money laundering, and fraud in the petroleum sector.
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