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Atiku's subsidy proposal aims to make petrol affordable, says campaign spokesperson
๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Economy & Trade

Atiku's subsidy proposal aims to make petrol affordable, says campaign spokesperson

From Vanguard · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Kenneth Okonkwo, spokesperson for Atiku Abubakar's 2027 presidential campaign, defended Abubakar's proposal to reinstate the petrol subsidy.
  • Okonkwo stated the plan aims to make petrol affordable and is distinct from past subsidy regimes.
  • The proposal has faced criticism, but Okonkwo insists it is designed to reduce fuel prices.

Kenneth Okonkwo, a key spokesperson for former Vice-President Atiku Abubakar's 2027 presidential campaign, has pushed back against criticism of Abubakar's plan to reintroduce a petrol subsidy if elected. Okonkwo asserted that the proposal is fundamentally aimed at making fuel more affordable for Nigerians.

Speaking on Channels Television, Okonkwo clarified that Abubakar's proposed subsidy is not a return to the previous subsidy regime, which was characterized by inefficiencies and alleged corruption. He emphasized that the core objective of the current proposal is to lower the price of petrol at the pump for consumers.

Despite facing scrutiny and opposition, Okonkwo maintained that the plan is a strategic move designed to alleviate the financial burden on citizens struggling with high fuel costs. He suggested that the focus should be on the intended outcome of reduced prices rather than the label of 'subsidy' itself.

Atikuโ€™s plan to restore petrol subsidy if elected, saying the proposal is aimed at reducing fuel prices and has nothing to do with the subsidy regime of the past.

โ€” Kenneth OkonkwoDescribing Atiku Abubakar's proposal for reinstating the petrol subsidy.
DistantNews Editorial

Originally published by Vanguard in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.