Return of fuel subsidy will put more money in Nigerians’ pocket – Atiku
The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, has explained that he is restoring fuel subsidy so that Nigerians can take advantage of local production. With the commencement of the 2027 presidential election campaign, Atiku had vowed to restore the fuel subsidy regime if elected as President of Nigeria. Atiku said the fuel subsidy […] Return of fuel subsidy will…
Atiku Abubakar, the presidential candidate of the African Democratic Congress (ADC), has announced his intention to restore fuel subsidy ahead of the 2027 Nigerian presidential election. The ADC candidate believes that reinstating the subsidy will provide Nigerians with additional purchasing power.
Speaking on the matter, Atiku stated that the fuel subsidy restoration would enable Nigerians to "keep more money in their pockets." He made the remark while commending an X user for supporting his proposal to remove the subsidy. Atiku explained that the government's decision to restore fuel subsidy is not meant to continue paying for imported petrol, but rather to encourage local production.
By restoring the subsidy, Atiku aims to reduce the cost of fuel for consumers, allowing them to allocate more of their income towards essential items such as food, transportation, and small business operations. He believes that this approach will alleviate pressure on food prices and improve the overall financial well-being of Nigerians.
Atiku emphasized the importance of affordability, stating that the government should prioritize reducing the burden of fuel costs for citizens. He expressed his desire for mothers to return from the market with more food in their bags, fathers to have money left over after paying for transport, and small business owners to close the day with profits rather than merely enough to buy fuel.
In summary, Atiku Abubakar's campaign promises to restore fuel subsidy as part of his strategy to boost local production, reduce the cost of essential goods and services, and ultimately improve the financial situation of Nigerians ahead of the 2027 presidential election.
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.