Urgent.News

What's breaking now, across thousands of outlets.

World

Atiku faults FG’s ₦70,000 transport allowance for workers

Former Vice-President Atiku Abubakar has criticised the FG’s planned ₦70,000 monthly transport allowance for workers, calling it inadequate for rising cost Read More: https://punchng.com/atiku-faults-fgs-%e2%82%a670000-transport-allowance-for-workers/

Atiku faults FG’s ₦70,000 transport allowance for workers

Former Vice-President Atiku Abubakar has criticized the Nigerian government's proposed ₦70,000 monthly transport allowance for public service workers, arguing that it is insufficient to alleviate the rising cost of living in the country. The allowance, set to be implemented from November 2026 for six months, would do little to address the broader economic challenges faced by workers, businesses, and families.

Atiku, who is the presidential candidate of the African Democratic Congress in the 2027 election, stated that the allowance fails to address the increased costs of food, electricity, rent, and other essential goods and services. He highlighted that at the current petrol price of about ₦1,400 per litre, the allowance could purchase only 50 litres of petrol, which he argued would have a minimal impact on households' financial burdens.

Atiku accused the government of providing temporary relief rather than addressing the root causes of the cost of living crisis, which extends beyond transport to include energy, food, and other essential expenses. He questioned why the Tinubu administration would prioritize temporary payments over tackling the fundamental issues that contribute to the rising cost of living.

The former vice-president also expressed concern over the government's response to the economic hardship, noting that it was reacting with piecemeal measures rather than implementing comprehensive solutions. He called for the government to clarify the payment schedule and eligibility criteria for the allowance and urged for a clear timeline for wage negotiations.

Atiku acknowledged that the transport allowance might offer some relief but stressed that its limited duration would not resolve the ongoing economic pressures on households and businesses. He also criticized the government's fuel and transport interventions, including the compressed natural gas program, arguing that these initiatives have not effectively alleviated the cost of commuting or operating businesses.

Atiku described the government's frequent announcements as a pattern of temporary measures that have not significantly reduced the cost of commuting or operating businesses. He further criticized the removal of petrol subsidies, advocating for a transparently managed production subsidy for domestically refined fuel, which he believed could provide relief to consumers while supporting the local refining sector.

Atiku maintained that the government should focus on policies that reduce the cost of living, increase household incomes, and make businesses more affordable to operate. He emphasized the need for lasting relief, decent wages, and an economy that rewards honest work.

Written by urgent.news from Punch'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.

Read the original at punchng.com →

More in World

More from Wednesday 28 October →