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ADC's Bolaji Abdullahi Advocates Fuel Subsidy Restoration

ADC's Bolaji Abdullahi Advocates Fuel Subsidy Restoration

The African Democratic Congress (ADC), represented by National Publicity Secretary Mallam Bolaji Abdullahi, announced its intention to restore fuel subsidy through increased domestic production if elected into power. Abdullahi stated that Nigerians are too impoverished to bear the full cost of petroleum products under market forces.

He criticized the Federal Government's decision to remove the fuel subsidy, asserting that the government has a responsibility to protect citizens' welfare and reduce living costs. Abdullahi emphasized that the government's economic policies since 2023 have exacerbated household pressures, despite claims of improved foreign reserves and exchange-rate stability.

He accused President Bola Tinubu's administration of failing to address the consequences of subsidy removal for ordinary Nigerians and questioned the terms of crude oil-backed financing arrangements. Abdullahi asserted that Nigerians deserve transparency regarding these agreements and stressed the need for affordable living conditions as many struggle with rising costs in various sectors.

He affirmed that the ADC would prioritize subsidizing production to deliver cheaper fuel to Nigerians.

Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.

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