ABUJA — Presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has said he will reinstate petrol subsidy if elected president in the 2027 general election, arguing that Nigerians have not seen sufficient benefits from its removal.
Atiku made the pledge during a Hausa-language interview on Wednesday, where he questioned the Federal Government’s management of the resources generated since the subsidy was scrapped.
The former Vice President said he had not opposed the decision to remove the subsidy but insisted that the savings should have been channelled into programmes capable of reducing poverty and improving the welfare of Nigerians.
“I did not oppose the removal of the oil subsidy, but where is the money? Where did it go? It was intended to reduce poverty and help children attend school. Where is the money now? It seems they are just stealing it,” Atiku said.
He added that if elected, his administration would restore the subsidy and pursue the recovery of funds allegedly misappropriated.
