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Amaechi Claims Atiku Will Restore Electricity Subsidy

Politics
Amaechi Claims Atiku Will Restore Electricity Subsidy

Rotimi Amaechi, the former governor of Rivers State and Vice Presidential candidate of the African Democratic Congress (ADC), announced on Thursday that Atiku Abubakar would restore electricity subsidies if elected president in 2027. During a visit to wards in Omuma Local Government Area, Amaechi highlighted the significant increase in electricity costs under President Bola Ahmed Tinubu's administration, citing his own bill which escalated from N500,000 to N4 million monthly following the removal of subsidies.

He criticized the removal of petrol subsidies as well, linking it to rising transportation and food prices. Amaechi stated, “He (Tinubu) just held microphone and didn’t care.

He just said remove subsidy,” indicating the adverse effects of this policy. He also pointed to insecurity as a factor worsening economic conditions, particularly affecting farmers' access to their farms, which he argued has led to reduced food production and increased prices.

Amaechi asserted that restoring subsidies would alleviate these economic burdens.

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

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