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Amaechi Promises Cost Reductions Under Atiku's Leadership

Amaechi Promises Cost Reductions Under Atiku's Leadership

Rotimi Amaechi, the former Minister of Transportation and vice-presidential candidate for the African Democratic Congress, asserted that an administration led by Atiku Abubakar would lower transportation, fuel, and food costs within its first year. During an appearance on Channels Television’s Politics Today, Amaechi criticized the economic policies of President Bola Tinubu, claiming that the removal of petrol and electricity subsidies has exacerbated economic difficulties for Nigerians.

He noted that many are struggling to afford basic necessities, with transportation and food prices rising significantly since the subsidy removal. Amaechi cited his own electricity bill, which increased from N500,000 to N4 million, as evidence of the current tariff structure's impact.

He claimed that Atiku Abubakar plans to reintroduce subsidy measures, specifically advocating for production subsidies rather than consumer subsidies. Additionally, he reported an increase in out-of-school children from 12 million to 20 million under Tinubu's administration, highlighting the worsening educational crisis.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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