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Atiku Vows to Reinstate Fuel Subsidy to Reduce Economic Hardship

Atiku Abubakar, the presidential candidate of the African Democratic Congress, restated his commitment to restore petrol subsidy if elected in 2027. He made the declaration in a post on X on Monday.

He accompanied the post with a campaign video that outlined his proposed approach.

Atiku wrote, “My position stands! I will restore the subsidy to make life easier and more affordable for Nigerians.”

In the video, he further stated, “My position has not changed and will not change. I will restore it.”

The former Vice-President has repeatedly criticised the impact of the current policy and included subsidy restoration in his 2027 campaign promises.

The video noted that petrol sold for more than ₦1,300 per litre in Nigeria. It compared the price with cheaper fuel available to citizens in other crude oil-producing countries such as Libya, Iran, Venezuela, Kuwait and Saudi Arabia.

It explained that the proposed intervention would support only petrol produced by local refineries rather than imported products. The support would continue until the industry could operate without government assistance.

Furthermore, Atiku made a similar pledge at the ADC presidential campaign flag-off in Sokoto on November 4. There, he also promised to reopen the country’s land borders for legitimate trade and tackle insecurity if elected.

He has maintained that the restoration would reduce transportation costs, food prices and other economic pressures on households.

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