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2027 Presidency: ‘Fuel subsidy will be restored if I win’ – Atiku
Former Vice President and presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has promised to restore fuel subsidy if elected president in the 2027 general election.
Atiku said the removal of the petrol subsidy by President Bola Tinubu’s administration has failed to produce the expected benefits for Nigerians.
Tinubu announced the end of the fuel subsidy in his inaugural address on May 29, 2023, a move that led to a sharp increase in petrol prices and worsened the economic pressure on citizens.
Since then, the rising cost of fuel has contributed to higher transportation costs and increases in the prices of food, goods and other essential services.
Atiku maintained that the subsidy removal has placed a heavy burden on Nigerians without delivering meaningful economic gains to the country.
He therefore pledged that, if elected in 2027, his administration would review the policy and reinstate the fuel subsidy regime to ease the economic hardship facing citizens.
Nevertheless, the current administration maintains that it has since increased monthly allocations to states and initiated infrastructure projects across the nation.
Despite having previously endorsed the removal of the fuel subsidy, Atiku Abubakar contends that it has not served the interests of the populace.
“I initially did not oppose the removal of the fuel subsidy. But now that it has been removed, where is the money? Where has the subsidy money gone? Has it been used to improve healthcare, education or security?” He said in an interview on social media.
“If I win the presidential election, I will restore the subsidy. And anyone who stole Nigeria’s subsidy funds must return the money,” he added.
Atiku is hoping to defeat the incumbent President and candidate of the All Progressives Congress, APC, Bola Tinubu, and his former vice-presidential candidate, Peter Obi, who is the flag bearer of the Nigeria Democratic Congress, NDC.
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