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Subsidy Comeback! Atiku Vows To Reintroduce Fuel Subsidy If Elected In 2027

Published

1 day ago

August 20, 2026

Former Vice President, Atiku Abubakar, has promised to bring back fuel subsidy if he emerges as Nigeria’s President in the 2027 election.....KINDLY READ THE FULL STORY HERE▶

The former Vice President criticised the economic impact of the subsidy removal under President Bola Tinubu, arguing that Nigerians had yet to see corresponding benefits from the policy.

Tinubu announced the end of the petrol subsidy in his inaugural address in May 2023, shortly after assuming office.

The policy led to a significant rise in the cost of petrol, with the resulting increase in transportation costs contributing to higher prices of food and other goods and services.

While the Federal Government has defended the decision, saying it has created more resources for the three tiers of government and provided funds for infrastructure and other programmes, Atiku questioned how the savings had been utilised.

He noted that he had not initially objected to the removal of the subsidy but said his position had changed after assessing its consequences.

Atiku asked, “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?

The ADC candidate said a government under his leadership would reverse the policy.

Atiku added, “If I win the presidential election, I will restore the subsidy. And anyone who stole Nigeria’s subsidy funds must return the money.”

News reports that Atiku’s comments came shortly after the Federal Government disclosed that the subsidy removal and foreign exchange market reforms had generated ₦15.8 trillion for the federation.

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, gave the figure on Wednesday while presenting the government’s “Nigerians’ Reform Scorecard.”

According to Oyedele, the additional resources were generated between June 2023 and December 2025.

The minister said the reforms expanded the resources available to the government to fund public expenditure.

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POLITICAL FIRESTORM: The Secret Blueprint To Unleash Total Chaos In Kano!.

Published

2 hours ago

August 21, 2026

NivoNews

All Progressives Congress (APC) chieftain Abdulmumini Jibrin has alleged that members of the Nigeria Democratic Congress (NDC) are intentionally orchestrating unrest and turmoil in Kano as the 2027 general elections approach. This accusation follows provocative incidents where symbols like the APC broom and caps bearing President Bola Tinubu’s signature were set ablaze, prompting retaliatory burning of Kwankwansiya caps linked to NDC vice-presidential candidate Rabiu Kwankwaso.....KINDLY READ THE FULL STORY HERE▶

During an interview on Channels Television’s Politics Today, Jibrin asserted that the opposition is resorting to these tactics because they recognize they are facing certain defeat in the state, particularly within the critical Kano South swing zone. He emphasized that the opposition’s actions were a deliberate strategy to trigger a crisis right before the start of the campaign, assuring the public that the ruling party will not allow those efforts to succeed.

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After Meeting Tinubu, Adeleke Visits Wike In Abuja.

Published

2 hours ago

August 21, 2026

NivoNews

The newly re-elected Governor of Osun State, Ademola Adeleke, recently embarked on a series of political consultations in Abuja, starting with a visit to the Minister of the Federal Capital Territory, Nyesom Wike. Lere Olayinka, the media aide to the FCT minister, shared a photograph on social media documenting the meeting, which featured Adeleke and Wike shaking hands while displaying the governor’s certificate of return.....KINDLY READ THE FULL STORY HERE▶

This engagement followed closely on the heels of a closed-door meeting between Governor Adeleke and President Bola Tinubu at the Aso Rock Presidential Villa, where the governor presented his official return documents and expressed appreciation regarding the recent electoral process. During their discussions, President Tinubu advised the governor to foster an environment of unity and refrain from marginalizing political opponents, emphasizing that winning an election represents a democratic mandate rather than a conquest.

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Subsidy: ‘Demonstration Of Serious Ignorance In Governance, Economy’ – Tinubu Blasts Atiku

Published

2 hours ago

August 21, 2026

NivoNews

President Bola Tinubu has firmly criticized former vice-presidential candidate Atiku Abubakar, dismissing his recent proposal to reinstate the petrol subsidy regime as a fundamental lack of understanding of economic management and governance.....KINDLY READ THE FULL STORY HERE▶

Upon taking office, the current administration discontinued the fuel subsidy and floated the national currency to address structural economic imbalances. While these sweeping policy changes triggered widespread financial pressures and heightened the cost of living for average citizens, the government maintains that the reforms were essential for long-term fiscal stability.

Addressing critics from the Presidential Villa, President Tinubu defended the decision by highlighting its immediate impact on sub-national finances. He pointed out that prior to the intervention, numerous state governments struggled to meet monthly obligations to workers and retirees. According to the administration, the savings generated from ending the subsidy have since enabled states to consistently service salary arrears and pension commitments, framing the policy shift as a vital corrective measure for the nation’s broader financial framework.