…N47tn to the three tiers of government in the three years since the removal of petrol subsidy. This was as the Federal Government, 36 states and 774 local governments shared a cumulative N93.216tn as revenue from the Federation Account between 2017 and 2025, with more than half of the amount distributed in the three ye…

…Abubakar of politicising Nigeria’s economy after he renewed calls to restore the petrol subsidy, saying the stance sharply contradicts the economic position he took during the 2023 presidential campaign. The Presidency described Atiku’s recent stance as political opportunism that seeks to capitalize on Nigerians’ econo…

…former vice-president was seeking to return Nigeria to the old, corruption-ridden petrol subsidy regime. He said Atiku’s proposal was fundamentally different from the previous subsidy arrangement because it would focus government intervention on domestic production rather than imported petrol. “Atiku is not going back…

…innuendo.” Lately, Atiku and Tinubu have been tackling each other over the issue of fuel subsidy removal. Recall that Tinubu, a presidential candidate of the All Progressives Congress, APC, had defeated Atiku during the 2023 election. During his inauguration at the Eagle Square in Abuja, Tinubu ended the fuel subsidy r…

…by the African Democratic Congress, ADC, candidate, Atiku Abubakar, to restore fuel subsidy is a “political Trojan horse” aimed at winning the 2027 presidential election. Recounting that Atiku had supported the removal of fuel subsidy in the past, Sani said the ADC presidential candidate’s pledge was impracticable. Spe…

…@Waziriadio, in his latest column on ThisDay, discussed what makes the removal of petrol subsidy still an unsettled issue in Nigeria and why Atiku’s plan to restore the subsidy is deeply problematic. Responding, Shaibu insisted that Tinubu changed the beneficiaries of fuel subsidy, stressing that he did not abolish it.…

…brought to the table the policy alternatives, including what he would do with petroleum subsidy if elected. His policies are about the people and they are not hidden. Come January 2027, Nigerians will make their choice. This is where we are today,” he said. He urged Nigerians to assess the presidential candidates on th…

…Capital Territory have become the biggest winners of President Bola Tinubu’s petrol subsidy removal, with unprecedented federation account allocations swelling state coffers and ushering in an era of multi-billion-naira monthly revenues. Allocation reached a record N3.007tn in July 2026, making it the first time monthl…

…Nigerians are already dying,” he said. Atiku linked the hardship to the removal of fuel subsidy, arguing that the policy had triggered increases in transportation costs, food prices and production expenses while putting pressure on jobs and household incomes. “Fuel affects transportation. Transportation affects food pr…

…2. Child support paid 3. Day-care payment 4. Overpaid housing benefits 5. Housing-subsidy loan 6. Taxes and levies, unlessAll six fall under the umbrella of public debt, and the government describes the list as conclusive, meaning no debt types outside of these six apply under this particular rule.Foreigners planning t…

…Osun Governor Ademola Adeleke on Thursday, had described Atiku’s promise to restore fuel subsidy as evidence of “serious ignorance” […] The post You lack understanding of elementary economics, Atiku replies Tinubu appeared first on Tribune Online.

…while criticising former Vice President Atiku Abubakar's proposal to restore fuel subsidy if elected president in 2027. "I saw one of my opponents (Atiku Abubakar) now say he will go back to subsidy. I read it," Tinubu said. "That is a demonstration of a serious ignorance on governance and economy. Before I came here,…

…Vice President Atiku Abubakar to explain how he would fund his promise to restore petrol subsidy if elected president in 2027. Alfindiki, in a statement made available to journalists in Kano on Friday, said Nigerians deserve clear answers on how a renewed subsidy regime would be financed without putting more pressure o…

…Adviser to President Tinubu, publicly challenged Atiku Abubakar's pledge to restore fuel subsidy if elected in 2027Onanuga argued the subsidy plan conflicts with the Petroleum Industry Act and could undermine Nigeria's growing domestic refining capacityThe presidency questioned how the subsidy would be funded and wheth…

…chain, from exploration and production to refining, distribution, pricing policy, and subsidy frameworks. Pipeline surveillance does not manage these domains,” he said. He added: “Its mandate is precise: safeguarding critical infrastructure that transports petroleum resources. Yet this single function has proven founda…

…Democratic Congress presidential candidate, Atiku Abubakar, to restore the petrol subsidy if elected in 2027 as a demonstration of “serious ignorance” of governance and the economy. Tinubu said this while receiving Osun State Governor Ademola Adeleke at the Presidential Villa, Abuja, following his re-election victory i…

…citing Boko Haram, ISWAP, bandits, and IPOBAtiku also promised to restore the fuel subsidy, saying its removal had not improved the lives of ordinary NigeriansPAY ATTENTION: Find it fast with our new search feature at Legit.ng! Atiku Abubakar, the African Democratic Congress (ADC) presidential candidate, has promised t…

…time contesting for the presidency.” "I will consider the possibility of restoring fuel subsidy if elected." “I initially did not oppose the removal of fuel subsidy. But now that it has been removed, where is the money? Where has the subsidy money gone? Has it been used to improve healthcare, education or security? If…

…contender in the 2027 presidential election, faulting his shifting position on fuel subsidy. Wike, who spoke while responding to questions from journalists during an inspection of ongoing road projects in the territory, dismissed suggestions that Atiku belongs among the frontrunners for the 2027 poll, insisting that on…

…unchng.com/why-we-cant-move-ogogo-for-spiritual-treatment-jide-kosoko/ 3. 30 months after subsidy removal, FG spends N30.6tn, saves N15.8tn The Federal Government says it spent N30.64tn between June 2023 and December 2025 to ease the effects of its economic reforms, including the removal of petrol subsidy. According to…

…Democratic Congress, ADC, Alhaji Atiku Abubakar, has pledged to reinstate the fuel subsidy regime if he is elected president of Nigeria in 2027. Atiku argued that the removal of the fuel subsidy by President Bola Tinubu’s administration has not yielded any benefit for Nigeria. Tinubu announced the removal of the subsid…

…our people well, who are doing the hard work,” he said. He disclosed that N9.495tn in subsidy savings and incremental revenue had gone into incremental payment of salaries and allowances to civil servants, a figure he said exceeded the actual savings that accrued to the Federal Government from the subsidy removal. Oyed…

…Emma Ujah ABUJA — The Federal Government has said reforms involving the removal of fuel subsidy and the liberalisation of the naira generated savings of N15.8 trillion for the Federation between June 2023 and December 2025. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this…

The Federal Government said on Wednesday that the removal of petrol subsidy and the unification of the foreign exchange market generated N15.8tn in additional resources for the Federation between June 2023 and December 2025, with states and local governments receiving the larger share of the amount. The government, how…

…across Nigeria's deregulated downstream petroleum market.Analysts rule out fresh petrol subsidyFinancial analyst Osas Igho said NNPC's lower price should not automatically be interpreted as a return of petrol subsidy.According to him, NNPC also sources petrol from the Dangote Refinery, meaning the company is participat…