2027: NIGERIA'S YEAR OF SUBSIDY RESTORATION.
Fuel is not just what Nigerians put in their cars.
Fuel moves the farmer. Fuel moves the food. Fuel moves the worker. Fuel moves the student. Fuel powers the small business. Fuel moves Nigeria.
So when President Tinubu removed the Fuel subsidy without notice, Nigerians went into shock.
From then on, chaos took over homes and businesses across the nation. Many local businesses closed down. Shoprite, Netflix, etc., fled the country.
The gains of the Subsidy Removal only benefited Tinubu, his family and cronies. They grew fatter and their pockets swelled while Nigerians sank in abject penury, barely affording a meal a day. Poverty skyrocketed with pain and anguish, everywhere.
When the price of energy explodes, the price of almost everything follows.
A few days ago, the incompetent and insensitive Ignoramus Aso Villa Occupant panicked. He fell apart, after reading that his foremost challenger, the ADC Presidential Candidate, HE Atiku Abubakar, has pledged to reverse the punishment he inflicted on Nigerians since 29th of May, 2023.
WHY THE PANIC?
Atiku Abubakar's pledge to restore fuel subsidy, resonated with ordinary Nigerians who have been subjected to excruciating suffering under the inhumane Tinubu administration. It was understood as part of a bigger mission to rescue Nigeria. Nigerians, irrespective of tribe, religion and party, saw a huge light at the end of the tunnel.
RESTORE AFFORDABILITY.
Atiku Abubakar, a man dripping in empathy, and competence, knows too well, that Nigeria does not need the old system of opaque payments, abuse and endless expenditures. He knows what Nigeria needs: a transparent, accountable and sustainable energy-support system that brings down the cost of living while protecting public resources. Alongside it, Nigeria will rebuild strong social investment:
School Feeding. Youth Employment. Support for Farmers. Microcredit for Traders. Targeted Assistance for Vulnerable Families, etc.
Economic reform must have a human face as well as a heart that beats. So I ask Pres. Tinubu:
What is the value of increased government revenue if the citizens cannot afford food?
What is the value of impressive economic statistics if the workers cannot afford transportation?
What is the meaning of growth if children are hungry and families are sinking deeper into debt and poverty?
And where is the savings from the Subsidy Removal?
What do Nigerians stand to gain from Atiku's proposal?
1. Immediate relief at the petrol pump.
A properly designed subsidy would lower the effective pump price of petrol. For millions of Nigerians who buy fuel directly for cars, motorcycles, generators, farming and small businesses, that translates into disposable income returning to household budgets and pockets.
2. Lower transportation costs.
Nigeria moves enormous quantities of people and goods by road. Petrol and diesel costs therefore propagate through the economy. Reducing the energy component of transportation costs can reduce pressure on fares and logistics costs.
3. Relief for food prices.
Food does not magically arrive in Lagos, Abuja, Owerri, Kano, Kaduna or Port Harcourt.
Farmers buy fuel;
Aggregators transport produce;
Traders pay haulage costs;
Markets use generators;
Processors require energy.
Therefore, affordable energy can reduce one important component of the farm-to-market cost chain.
4. Breathing space for small businesses. Hairdressers/Barbers, Welders, Tailors, Restaurants, Shops, Artisans and thousands of other micro-enterprises frequently provide their own electricity. Lower fuel costs could mean lower operating expenses, greater survival rates, more employment, more profit and better quality of life.
5. Greater purchasing power for workers.
A salary increase can quickly disappear when transportation, electricity, food and fuel prices rise simultaneously. Reducing a major household cost can therefore function like an indirect increase in real disposable income.
6. There will be lower inflationary pressure.
Fuel is an input into many Nigerian prices. Reducing that cost can help moderate cost-push inflation, exchange rates, food production, insecurity, monetary policy and global commodity prices will also be affected, positively.
7. Nigeria will have another chance to reconnect energy policy with Social Welfare. This is where the incoming Atiku Abubakar-led ADC government will distinguish its commitment to the poorest of Nigerians.
ATIKU 2027
AFFORDABLE ENERGY.
AFFORDABLE FOOD.
AFFORDABLE TRANSPORT.
A GOVERNMENT THAT PUTS PEOPLE FIRST.
Join us now, as an ADC Volunteer to change the narratives and set a new and prosperous agenda for our nation, Nigeria.
ADC — Arise and Shine Nigeria.
—Lauretta Onochie @Laurestar

Comments
Post a Comment