Presidency Tackles Atiku Over Fuel Subsidy Promise, Says Policy Is Fiscal ‘Desperation’

The Presidency has criticised Atiku Abubakar’s proposal to restore petrol subsidies, describing it as fiscally burdensome and retrogressive. The government argues that reinstating the subsidy would revive wasteful petroleum-sector spending and worsen public finances, making the policy debate relevant to Nigeria’s macroeconomic outlook and listed energy companies.