Politics

Presidency Rejects Atiku's Fuel Subsidy Plan As 'Fantasy, Deceit'

Nigeria's Presidency has slammed former Vice President Atiku Abubakar's proposed fuel production subsidy, branding it a 'dangerous mathematical fantasy' and 'political deceit'. The move underscores the intense policy debate surrounding fuel subsidies and economic reforms in Africa's most populous nation. This rejection highlights the government's stance against what it deems unrealistic economic proposals from the opposition.

InformationNG·October 11, 2026AI-curated

The Presidency on Sunday dismissed former Vice President Atiku Abubakar’s proposed production subsidy on petrol as “a dangerous mathematical fantasy wrapped in political deceit,” saying Nigeria does not have the crude oil volumes to fund it. Special Adviser to the President on Me

nigeriafuel subsidyatiku abubakarbola tinubueconomic policy

This story was sourced from InformationNG and rewritten in SEVA editorial voice. Read the full original at the source.