{
  "id": 2208534,
  "title": "Atiku’s subsidy plan retrogressive, fiscally unsustainable – Presidency",
  "url": "https://urgent.news/2026/08/20/atikus-subsidy-plan-retrogressive-fiscally-unsustainable-presidency-2208534",
  "topic": "world",
  "section": "World",
  "published": "2026-08-20T19:42:48.000Z",
  "source": {
    "name": "Punch Nigeria",
    "slug": "punch-nigeria",
    "url": "https://punchng.com/atikus-subsidy-plan-retrogressive-fiscally-unsustainable-presidency/"
  },
  "original_language": "en",
  "account": "The Presidency has criticized former Vice President Atiku Abubakar for proposing to restore the petrol subsidy if elected as president, calling it \"retrogressive\" and fiscally unsustainable. Bayo Onanuga, the President's Special Adviser on Information and Strategy, stated that Atiku's position differs from his previous stance on petrol subsidy and urged him to explain how the policy would be funded. The subsidy, which was made illegal with the Petroleum Industry Act, was described as \"much-abused, wasteful, pillaged, corruption-ridden.\" Onanuga cautioned that Nigerians deserve to understand the effects of restoring the subsidy, given the economic and petroleum realities in the country.",
  "summary": "The Presidency criticizes Atiku Abubakar’s proposal to restore petrol subsidy, calling his plan “retrogressive” and fiscally unsustainable. Learn more abou Read More: https://punchng.com/atikus-subsidy-plan-retrogressive-fiscally-unsustainable-presidency/",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch",
        "title": "Atiku’s subsidy plan retrogressive, fiscally unsustainable – Presidency",
        "url": "https://urgent.news/2026/08/20/atikus-subsidy-plan-retrogressive-fiscally-unsustainable-presidency",
        "published": "2026-08-20T19:32:48.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}