Presidency, Atiku Reignite Fuel Subsidy Debate in 2027 Campaign Opener
Atiku says a targeted subsidy would ease living costs, while the finance ministry says subsidy reforms generated N15.8 trillion in savings.
- On Wednesday, former Vice President Atiku Abubakar, the African Democratic Congress presidential candidate, pledged to restore petrol subsidies if elected in 2027, vowing to recover diverted funds.
- President Bola Tinubu removed the petrol subsidy during his May 29, 2023, inauguration, triggering sharp fuel price increases and economic hardship across Nigeria.
- The Atiku Economic Recovery Plan proposes targeted, auditable production-side subsidies rather than the old import-based regime, supplying preferential crude to qualifying refineries under strict verification.
- Presidential spokesman Bayo Onanuga accused Atiku of "desperate for power," describing the plan as "serious ignorance of governance and economy," while the All Progressives Congress criticized it as fiscally dangerous.
- Analysts warn restoring subsidies could cost at least N1.5 trillion monthly, conflicting with the Petroleum Industry Act 2021, though the Finance Ministry reported reforms mobilized N15.8 trillion between June 2023 and December 2025.
37 Articles
37 Articles
Nigeria: If Elected President I Will Restore Fuel Subsidy
Former Vice President and presidential candidate of the African Democratic Congress (ADC), Alhaji Atiku Abubakar, has pledged to restore Nigeria's petrol subsidy if elected president in the 2027 presidential election.
Atiku’s subsidy plan retrogressive, fiscally unsustainable - Presidency
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/
Atiku vows to restore petrol subsidy if elected president in 2027
The ADC presidential candidate says the subsidy should be restored, and those who diverted public funds meant for the scheme should be made to account for them. The post Atiku vows to restore petrol subsidy if elected president in 2027 appeared first on Premium Times Nigeria.
2027: Atiku vows to restore petrol subsidy if elected
ABUJA — Presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has said he will reinstate petrol subsidy if elected president in the 2027 general election, arguing that Nigerians have not seen sufficient benefits from its removal. Atiku made the pledge during a Hausa-language interview on Wednesday, where he questioned the Federal Government’s management […] The post 2027: Atiku vows to restore petrol subsidy if elected…
Atiku: I'll restore subsidy if elected in 2027
The African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has vowed to restore fuel subsidies if elected President in the 2027 general elections. Atiku stated this during a Hausa-speaking interview on the PAP show on Wednesday, saying anyone who had stolen funds meant for fuel subsidy would be made to return the money if he assumes office. Tinubu announced the end of petrol subsidy during his inauguration on May 29, 2023, des…
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