Atiku: My Proposed Subsidy Regime Will Reduce Production, Transport Costs, Strengthen Domestic Refining, Restore Purchasing Power

THISDAYLIVE | 25-08-2026 07:44pm |

Former Vice President Atiku Abubakar has clarified that his proposed petroleum intervention is not a return to Nigeria's discredited import-subsidy regime, but targeted support for domestic production designed to reduce the cost of living. In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku said the clarification became necessary following comments credited to Paul Ibe, suggesting that an Atiku administration would restore fuel subsidy and remove it later. Shaibu described the comments as an unauthorized, imprecise and materially misleading characterization of Atiku's policy position, stressing that no spokesperson has the latitude to redefine, embellish or improvise on a policy already clearly articulated by the candidate.

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