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Atiku Reiterates Promise to Restore Petrol Subsidy if Elected in 2027
The presidential candidate of the African Democratic Congress, Atiku Abubakar, has reiterated his promise to restore the petrol subsidy if elected president in 2027, saying the policy would reduce the financial burden on Nigerians.
Atiku restated his position in a post on X on Monday, alongside a campaign video outlining his proposed subsidy policy. “My position stands! I will restore subsidy to make life easier and more affordable for Nigerians,” he wrote.
The video explained that the proposed subsidy would be restricted to petrol refined locally, rather than imported products, as part of efforts to support domestic refineries until they become commercially sustainable without government assistance.
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Atiku’s position comes amid continued debate over the removal of petrol subsidy by President Bola Tinubu in May 2023. The Federal Government had defended the decision, citing the rising cost of maintaining the subsidy and the need to redirect savings to critical sectors.
The former Vice-President has consistently criticised the impact of the policy and made subsidy restoration part of his 2027 campaign promises. At the ADC presidential campaign flag-off in Sokoto on November 4, he also pledged to reopen land borders for legitimate trade and tackle insecurity if elected.
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