Presidency: Reintroducing fuel subsidy would drain public funds, revive corruption

By Johnbosco AgbakwuruABUJA — For the umpteenth time, the Presidency has condemned former Vice‑President Atiku Abubakar’s pledge to “bring back” a fuel subsidy if elected in 2027, calling the proposal a return to a failed economic policy that would deplete public finances and scare away investors.The Presidency said the promise — which would reinstate subsidised petrol prices after years of subsidy removals and partial reforms — ignores lessons from pas