Atiku's Fuel Subsidy Plan Unrealistic, Says Presidency

Atiku’s shallow politics can’t buy Nigeria’s economic future — Presidency

—Says Atiku’s subsidy revival risks repeating pre-2023 fiscal crisis By Johnbosco Agbakwuru ABUJA — THE Presidency has said that the Nigerian electorate is far too sophisticated to trade long-term national economic security for what it described as former Vice President Atiku Abubakar’s shallow, short-term demagoguery. It also said that President Bola Tinubu’s administration has chosen […]

Atiku's fuel subsidy plan unrealistic, says Presidency

The Presidency on Sunday dismissed former Vice President Atiku Abubakar’s proposed production subsidy on petrol as “a dangerous mathematical fantasy wrapped in political deceit,” saying Nigeria does not have the crude oil volumes to fund it. Special Adviser to the President on Media and Public Communications, Sunday Dare, stated this in a statement signed and Read More: https://punchng.com/atikus-fuel-subsidy-plan-unrealistic-says-presidency/

Presidency: Atiku's Fuel Subsidy Plan Unrealistic

The Presidency on Sunday rejected former Nigerian Vice President Atiku Abubakar’s proposed petrol production subsidy, calling it “a dangerous mathematical fantasy wrapped in political… The post Presidency: Atiku’s Fuel Subsidy Plan Unrealistic appeared first on Latest Breaking News - News Central TV.

Atiku’s demagoguery in the face of Tinubu’s logical policies

The alternative Atiku offers—resurrecting opaque subsidy regimes under the guise of "production subsidies" without the crude volumes to back them—is the exact road to ruin that almost brought Nigeria to its knees before May 2023. It represents the old way of doing business: short-term palliative bribes funded by unsustainable national debt, leading directly to scarcity, currency collapse, and fiscal bankruptcy.