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Presidency: Reintroducing Fuel Subsidy Would Drain Public Funds, Revive Corruption

Summary by Vanguard News
By Johnbosco Agbakwuru ABUJA — For the umpteenth time, the Presidency has condemned former Vice‑President Atiku Abubakar’s pledge to “bring back” a fuel subsidy if elected in 2027, calling the proposal a return to a failed economic policy that would deplete public finances and scare away investors. The Presidency said the promise — which would reinstate subsidised petrol prices after years of subsidy removals and partial reforms — ignores lesson…

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The Podium Media broke the news on Sunday, August 30, 2026.
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