Atiku Reveals Trump Backs His Plan to Reintroduce Fuel Subsidy

Former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has claimed that United States President Donald Trump supports his plan to reintroduce a form of fuel subsidy in Nigeria if elected president in 2027.

Atiku made the claim while speaking about his proposed economic policies, insisting that his plan is aimed at reducing the financial pressure Nigerians are facing and making transportation and essential goods more affordable.

The former vice president has recently made the return of fuel subsidy a major part of his economic campaign ahead of the 2027 presidential election. He has argued that rising petrol and transportation costs have contributed significantly to the hardship experienced by households and businesses.

According to Atiku, however, his proposal is not a return to the old subsidy system that was associated with fuel imports and alleged abuses. Instead, he has proposed what he describes as a targeted and controlled subsidy focused on domestic production.

Under the plan, qualifying Nigerian refineries would receive crude at preferential prices, subject to conditions on production, transparency and domestic supply. Atiku said the process would be monitored so that the benefit of the intervention would eventually reach consumers through lower fuel prices.

Atiku has also argued that every subsidised barrel should be traceable from the point of allocation through refining and eventual distribution to consumers. He said the government should know exactly how much the policy costs and what Nigerians receive in return.

The proposal has, however, faced strong opposition from the Tinubu administration, which argues that restoring fuel subsidy would reverse important reforms in Nigeria’s petroleum sector.

The Presidency has maintained that the removal of the subsidy has freed significant resources for the federal, state and local governments and that returning to the old system could create another major burden on public finances.

President Bola Tinubu has also criticised Atiku’s proposal, describing his plan to return subsidy as evidence of what he considers a lack of understanding of current economic realities.

The debate comes as the 2027 election approaches, with the cost of living, petrol prices, food prices and economic reforms expected to remain major campaign issues.

Atiku, who previously supported the removal of fuel subsidy during the 2023 election campaign period, now says his position has changed because of the economic realities facing Nigerians. He has insisted that his current proposal is designed to provide relief rather than recreate the old import-dependent subsidy arrangement.

The fuel subsidy debate is therefore likely to remain one of the major economic issues in the build-up to the 2027 presidential election, with Nigerians watching closely to see which approach can provide affordable energy without creating another unsustainable burden on government finances.

Julian Daily Gist Editorial Team

Julian Daily Gist Editorial Team is the team responsible for researching, writing, editing, and publishing news and feature content on Julian Daily Gist. Our coverage includes Nigerian current affairs, lifestyle, entertainment, sports, health, business, and human-interest stories. We aim to provide readers with timely, accurate, and responsibly sourced information. The Julian Daily Gist Editorial Team researches, writes, edits, and publishes news and feature content covering Nigerian current affairs, entertainment, sports, health, business, lifestyle, and human-interest stories. We aim to provide accurate, timely, and responsibly sourced information and update our reports when credible new information becomes available. The Julian Daily Gist Editorial Team is responsible for researching, writing, editing, and publishing content across Julian Daily Gist. Our coverage includes Nigerian current affairs, politics, business, entertainment, sports, health, lifestyle, and human-interest stories. We aim to provide readers with timely, accurate, useful, and responsibly sourced information. Our team makes reasonable efforts to verify important information, identify sources, distinguish allegations from confirmed facts, and update reports when credible new information becomes available. We also believe in transparency and accountability. Readers can contact our editorial team to report factual errors, request corrections, or provide additional information relevant to a published story. Editorial focus: News, current affairs, lifestyle, entertainment, sports, health, business, and human-interest stories. Team BIo: The Julian Daily Gist Editorial Team is responsible for researching, writing, editing, and publishing content across Julian Daily Gist. Our coverage includes Nigerian current affairs, politics, business, entertainment, sports, health, lifestyle, and human-interest stories. We aim to provide readers with timely, accurate, useful, and responsibly sourced information. Our team makes reasonable efforts to verify important information, identify sources, distinguish allegations from confirmed facts, and update reports when credible new information becomes available. We also believe in transparency and accountability. Readers can contact our editorial team to report factual errors, request corrections, or provide additional information relevant to a published story. Editorial focus: News, current affairs, lifestyle, entertainment, sports, health, business, and human-interest stories. Editorial Policy: At Julian Daily Gist, our goal is to provide readers with timely, useful, accurate, and responsibly presented news and information. We cover Nigerian current affairs, politics, business, entertainment, sports, health, lifestyle, human-interest stories, and other topics of interest to our readers. 1. Accuracy and Verification We make reasonable efforts to ensure that information published on Julian Daily Gist is accurate and presented in its proper context. Before publishing a report, our editorial team makes reasonable efforts to: - Check information against credible sources. - Verify names, dates, locations, figures, and other important details. - Attribute information to the appropriate source. - Distinguish confirmed facts from allegations, claims, opinions, and speculation. - Update stories when credible new information becomes available. When information cannot be independently verified, we make this clear to readers rather than presenting it as established fact. 2. Sources We use a range of sources, including: - Official government statements. - Police and security agencies. - Courts and legal documents. - Government agencies. - Direct interviews and statements. - Reputable news organizations. - Publicly available records. - Verified social media accounts and statements. When an article relies substantially on information reported by another publication, we aim to clearly attribute the information to that source. We do not intentionally present another publication's reporting as our own. 3. Originality Julian Daily Gist aims to provide original editorial value. When we report information that has already been published elsewhere, we seek to add value through original writing, context, verification, analysis, additional information, or other useful material. We do not intentionally copy and republish articles from other websites without appropriate attribution and meaningful editorial contribution. 4. Allegations and Sensitive Claims When reporting allegations involving individuals or organizations, we make reasonable efforts to clearly identify allegations as allegations. We avoid presenting unproven accusations as established facts. Where relevant, we seek or include responses from the person, organization, or representative concerned. For criminal matters, we recognize that an allegation, arrest, charge, or accusation does not by itself establish guilt. 5. Headlines Our headlines are intended to accurately reflect the content of our articles. We aim to avoid deliberately misleading headlines, fabricated claims, or headlines that exaggerate facts simply to generate clicks. 6. Corrections and Updates We take corrections seriously. If we discover that an article contains a significant factual error, we may correct or update the article as appropriate. Readers who identify an error are encouraged to contact us with specific information supporting the correction. Where appropriate, significant corrections or updates may be noted within the article. 7. Editorial Independence Editorial decisions are made independently of advertisers, sponsors, commercial partners, and other external interests. Advertising or sponsorship does not automatically influence our editorial decisions or the opinions expressed by our writers. 8. Sponsored and Promotional Content Where Julian Daily Gist publishes sponsored, paid, or promotional content, we aim to clearly identify it as such. Sponsored content does not necessarily represent the independent editorial views of Julian Daily Gist. 9. Conflicts of Interest Our editorial team should avoid situations where personal, financial, or other interests could improperly influence reporting. Where a relevant conflict of interest exists, we aim to disclose it when appropriate. 10. Use of Images and Other Media We aim to use images, videos, graphics, and other media responsibly and with appropriate permission, licensing, attribution, or other lawful basis where required. We do not knowingly use copyrighted material in a manner that infringes the rights of its owner. If you believe that material published on Julian Daily Gist infringes your copyright, please contact us so that we can review the matter. 11. Artificial Intelligence We may use technology and artificial intelligence tools to assist with certain editorial tasks, such as research support, proofreading, formatting, transcription, or drafting assistance. However, AI-generated information is not treated as automatically accurate. Content remains subject to human review, editing, fact-checking, and editorial judgment before publication where appropriate. We do not intentionally publish fabricated information generated by AI. 12. Privacy and Personal Information We take reasonable care when handling personal information and avoid publishing unnecessary private information about individuals. Sensitive personal information is published only when there is a legitimate public-interest reason and where appropriate. Our handling of visitor information is explained in our Privacy Policy. 13. Opinion and Commentary Opinion articles and commentary represent the views expressed by the respective writer or contributor. Where appropriate, opinion content will be identified as commentary, analysis, or opinion so that readers can distinguish it from straightforward news reporting. 14. User-Generated Content Comments and other material submitted by readers may be moderated. We reserve the right to remove content that is unlawful, defamatory, abusive, discriminatory, misleading, threatening, spam-related, or otherwise inappropriate. User comments do not necessarily represent the views of Julian Daily Gist. 15. Our Commitment We are committed to improving the quality, accuracy, transparency, and usefulness of Julian Daily Gist. As our publication grows, we will continue reviewing our editorial practices and updating this policy when necessary. 16. Contact and Corrections If you have a correction, clarification, complaint, copyright concern, or question about our editorial practices, please contact us through our Contact Us page.

You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *