The African Democratic Congress (ADC) has criticized the Presidency's rejection of its presidential candidate Atiku Abubakar's proposal to reduce petrol prices to about ₦600 per litre through a controlled domestic-refining subsidy. The ADC argued that Nigerians are already paying heavily for expensive fuel through higher transport fares, food prices, and production costs. In a statement by its National Publicity Secretary, Mallam Bolaji Abdullahi, the party accused the Presidency of building its case around a hypothetical $40-per-barrel subsidy and attacking the figure it produced. The ADC maintained that Atiku's proposal is not a return to the old subsidy regime.
Related Articles
Don't miss out on breaking stories and in-depth articles.