2027: Fuel subsidy gone for good – Makinde reveals alternative plan
The presidential candidate of the Allied Peoples Movement, APM, and Governor of Oyo State, Seyi Makinde, has said he would not return fuel subsidy if elected but revealed his alternative plans. Speaking during the inauguration of his campaign office in Abuja on Monday, Makinde proposed a more transparent approach to providing benefits to Nigerians He said […] 2027: Fuel subsidy gone for good –…
Seyi Makinde, the presidential candidate of the Allied Peoples Movement and Governor of Oyo State, has announced his intention to discontinue fuel subsidy if elected as president. During the inauguration of his campaign office in Abuja, Makinde outlined his alternative approach to benefitting Nigerians. He proposed a more transparent system in which domestic refineries would receive crude oil at a preferential price, ensuring that local communities could profit from their own resources without being burdened by high costs.
Makinde emphasized that this method would prevent cost inefficiencies and distortions by incorporating advantages into the initial supply price rather than relying on non-transparent measures at the petrol pump.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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