Former Vice President and 2027 presidential hopeful, Atiku Abubakar, has reiterated his commitment to restoring targeted fuel subsidies if elected president, saying Nigerians should not be left to bear the full burden of economic hardship.
Atiku said his position on subsidy had not changed, insisting that Nigeria was sufficiently endowed with resources to provide relief for its citizens.
According to him, the strength of an economy should not be measured by how much revenue government collects, but by the purchasing power of citizens.
He said his administration would focus on restoring the value of wages, reducing transportation costs and helping farmers move their produce without losing profits to high logistics expenses.
Atiku also promised to support local production, reduce energy costs and improve the purchasing power of Nigerians.
He argued that increases in fuel prices trigger higher transport fares, which in turn drive up food prices and worsen the financial pressure on families.
“I will break that wretched chain that has defined our national life in the nearly four years of Tinubu’s presidency,” he said.
Atiku, however, clarified that his proposed subsidy policy would be targeted at providing relief to Nigerians rather than restoring what he described as an import racket.
He restated the commitment on Tuesday when he received the Osun State leadership of the African Democratic Congress (ADC) in Abuja.
The former vice president said his broader agenda would focus on economic and physical security, affordable living and improved welfare for Nigerians.
“I will make the naira in your pocket worth more, make daily living affordable again, and secure our people,” Atiku said.
