{
  "id": 3075140,
  "title": "Subsidy reversal will worsen Nigeria’s economy – Information Minister knocks Atiku",
  "url": "https://urgent.news/2026/08/24/subsidy-reversal-will-worsen-nigerias-economy-information-minister",
  "topic": "world",
  "section": "World",
  "published": "2026-08-24T17:23:28.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/08/24/subsidy-reversal-will-worsen-nigerias-economy-information-minister-knocks-atiku/"
  },
  "original_language": "en",
  "account": "The Minister of Information and National Orientation, Mohammed Idris, has warned that reversing Nigeria's fuel subsidy will harm the country's economy. In a statement made on Monday in Abuja, the minister asserted that removing the subsidy would undermine Nigeria's improving fiscal situation and erode investor confidence. Idris argued that the removal of fuel subsidy has brought fiscal benefits to the economy and averted economic risks. Notably, this assertion comes in response to Atiku Abubakar, the presidential candidate of the African Democratic Congress (ADC), who had promised to reinstate fuel subsidy if elected in the 2027 general elections. Atiku had contended that the subsidy removal by President Bola Tinubu's administration has not yielded any positive outcome for Nigeria. The minister's statement clearly indicates that the reversal of fuel subsidy would cause Nigeria to revert to the economic conditions of 2022, bringing back fiscal pressures, distortions, scarcity, and arbitrage incentives that made the previous system unsustainable.",
  "summary": "The Minister of Information and National Orientation, Mohammed Idris, says going back to fuel subsidy will have a negative impact on Nigeria’s economy. In a statement issued through his media aide, Rabiu Ibrahim, on Monday in Abuja, the minister said reversing the subsidy would undermine Nigeria’s improving fiscal position and weaken investor confidence. According to […] Subsidy reversal will…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}