Wike Supports Tinubu's Petrol Subsidy Removal Ahead of 2027

Nyesom Wike, the Minister of the Federal Capital Territory, defended President Bola Tinubu's decision to remove the petrol subsidy during a political stakeholders’ forum in Abuja. Wike stated that successive administrations acknowledged the subsidy as a scam but lacked the courage to eliminate it.

He recalled Tinubu's inauguration on May 29, 2023, when the subsidy was removed, acknowledging its contribution to rising living costs but expressing optimism that prices would decrease as economic reforms take effect. Wike, who coordinates the Tinubu/APC Presidential Campaign Council in the FCT, claimed that state governors no longer needed bank loans and noted that public universities had not experienced strikes during Tinubu's tenure.

He admitted that while not all challenges had been resolved, significant progress had been made. Wike encouraged members of the Peoples Democratic Party in the FCT to support Tinubu and APC candidates in the upcoming 2027 elections, citing a PDP area council chairman's support for Tinubu as evidence of mobilization efforts.