Abubakar’s Subsidy Proposal Under Fire | Nigeria News

Nigeria’s fuel subsidy debate reignites as former VP Atiku Abubakar pushes for a return to producer-based subsidies — a move critics call politically motivated and economically risky. While President Tinubu’s 2023 removal of subsidies aimed to free up funds for growth, Abubakar’s new plan to subsidize local refiners faces major hurdles: insufficient oil to meet demand, unclear funding for price gaps, and resistance from states already strapped for cash. Experts argue the real solution lies in using saved funds to ease citizen burdens through food and transport interventions — not reverting to subsidies that drain public coffers and distort markets. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3edf756d0466e9be