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•Olawepo-Hashim: N605 petrol only first step to affordable energy

Chuks Okocha and Sunday Aborisade in Abuja

The African Democratic Congress (ADC) has defended its presidential candidate, Atiku Abubakar’s proposal to reintroduce a form of petrol subsidy if elected president in 2027, insisting that the policy would be fundamentally different from the opaque subsidy regime of the past.

The party said yesterday that its proposal was aimed at reducing the burden of high fuel prices on Nigerians while supporting domestic refineries, reducing petroleum imports and strengthening the country’s energy security.