The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, has explained that he is restoring fuel subsidy so that Nigerians can take advantage of local production.
With the commencement of the 2027 presidential election campaign, Atiku had vowed to restore the fuel subsidy regime if elected as President of Nigeria.
Atiku said the fuel subsidy restoration would enable Nigerians to have “more money in their pockets.”
He made the remark while commending an X user for backing his proposal on fuel subsidy removal.
Posting on X, Atiku said: “My dear Francis, thank you for taking the time to truly understand what I am proposing. That means a great deal to me.
“I am not restoring subsidy so that Nigeria can keep paying for imported petrol. I am restoring subsidy so that Nigerians can produce more at home, pay less for fuel, and keep more money in their pockets.
“That is the difference between import subsidy and production subsidy.
“I want a mother to return from the market with more food in her bag.
“I want a father to pay transport and still have something left in his pocket.
“I want a small business owner to close for the day with profit, not just enough money to buy fuel for tomorrow.
“That is what affordability means to me. Less money spent on fuel, less money spent on transport. Less pressure on food prices, more money left for your family.”
Return of fuel subsidy will put more money in Nigerians’ pocket – Atiku