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

The Presidency has described former Vice President Atiku Abubakar’s proposal to restore petrol subsidy as retrogressive and a desperate attempt to regain political power, arguing that the policy would return Nigeria to a wasteful and fiscally burdensome petroleum regime.
The Special Adviser to the President on Information and Strategy, Bayo Onanuga, stated this in a statement titled: “Restoring Petrol Subsidies: Atiku’s Volte-Face and Desperation for Power,” issued on Thursday, August 20, 2026.
According to Onanuga, Atiku has finally revealed his economic plans to Nigerians should he be elected President by January next year, but instead of presenting a more creative alternative to th...