2027: Atiku Pledges to Restore Targeted Fuel Subsidy, Ease Cost of Living

Former Vice President and African Democratic Congress (ADC) presidential candidate for the 2027 election, Atiku Abubakar, has reiterated his pledge to restore a targeted fuel subsidy if elected president.

Atiku made the commitment while receiving the Osun State leadership of the ADC in Abuja on Tuesday, saying his position on fuel subsidy had remained unchanged.

According to him, Nigeria has sufficient resources to provide relief to citizens facing economic hardship, arguing that the strength of an economy should be measured by the purchasing power of its people.

“I will restore it! A nation as blessed as ours has no business abandoning its citizens to hardship,” Atiku said, referring to his proposed targeted subsidy policy.

He said his administration would seek to restore the value of wages, support farmers by reducing transportation costs and enable families to afford essential goods.

Atiku also pledged to support local production, reduce energy costs and improve the purchasing power of Nigerians.

Explaining his position, the ADC candidate said increases in fuel prices affect transportation costs, which in turn drive up food prices and increase the burden on households.

He promised to break what he described as a cycle of rising costs that has characterised the nearly four years of President Bola Tinubu’s administration.

Atiku, however, clarified that his proposed subsidy would be targeted and would not be aimed at restoring what he described as the “import racket.”

“I will not restore the import racket; I will restore relief,” he said.

The former vice president said his broader economic agenda would focus on economic security, physical security and making daily life more affordable for Nigerians.