President Bola Ahmed Tinubu has ruled out any possibility of restoring petrol subsidy, insisting that his administration will not return to a policy that would mortgage the future of generations of Nigerians.
The president said this during the All Progressives Congress (APC) presidential campaign in Jigawa State on Tuesday, 10 November 2026.
“To those who said subsidy is coming back, it is a lie. Don’t let them lie to you again.
“It is not going to come back. We cannot spend the future of our children today,” Tinubu said.
The President, however, announced that his administration would introduce subsidies for farming and provide interest-free loans to farmers as part of efforts to strengthen agricultural productivity and support food production.
He said the proposed interventions were aimed at easing the burden on farmers, encouraging agricultural investment and improving food security across the country.
