Former Vice President Atiku Abubakar has called on President Bola Tinubu to reduce petrol and diesel prices by implementing a subsidy for locally refined petroleum products. Speaking in Abuja, Atiku proposed that a transparent production subsidy would lower pump prices for Nigerian consumers. His appeal comes amid rising fuel costs and public frustration over inflation.
Atiku, a presidential candidate for the African Democratic Congress, emphasized that the subsidy should apply only to locally refined fuels sold within Nigeria. This would help reduce reliance on imported oil and stabilize prices. His proposal aligns with broader calls for economic reforms ahead of the 2027 presidential election.
Meanwhile, the Nigeria Forward Project has urged northern politicians to respect power rotation, allowing Tinubu to complete his eight-year term before seeking re-election. This political dynamic adds complexity to Atiku’s push for immediate economic measures.
The debate over fuel prices reflects deeper tensions between political factions and economic priorities. As the 2027 election approaches, pressure mounts on leaders to address inflation and public discontent.
