Atiku Wants to Take Nigeria Back by 20 Years – Presidency

The Presidency has criticised African Democratic Congress (ADC) presidential candidate Atiku Abubakar’s proposal to revive gasoline subsidy, warning that the coverage would reverse Nigeria’s financial progress by twenty years.

Special Adviser on Information and Strategy to President Bola Tinubu, Bayo Onanuga, made the remarks whereas backing Vice President Kashim Shettima’s earlier criticism of Atiku’s financial credentials.

Onanuga argued that Atiku lacks the experience to handle Nigeria’s financial system, recalling his early profession as a sanitary inspector earlier than becoming a member of the Nigerian Customs.Posting on X, Onanuga wrote:

“Atiku Abubakar’s only qualification before joining the Nigerian Customs was as a sanitary inspector. You wonder what he knows about economics, given that he now advocates a regressive subsidy policy that will set our country back by over 20 years.”

Shettima had equally accused Atiku of pushing for subsidy restoration “for political convenience,” insisting that the coverage would plunge Nigeria into poverty.

The debate over gasoline subsidy stays a significant fault line between the opposition and Tinubu’s administration, which scrapped the subsidy in May 2023, citing unsustainable fiscal prices.

While the federal government defends the removing as crucial, it has triggered increased gasoline costs and elevated dwelling prices nationwide.

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