In a bold statement that has sparked debates, the Presidential candidate, Bola Tinubu, has declared that Nigeria will not return to the subsidy regime, refuting Atiku Abubakar’s proposed plan. According to reports published by the Tribune Online on October 19, Tinubu, during a townhall meeting, said, ‘I came and I removed subsidy the first day. No, Nigeria will go bankrupt. Yes, nothing… The post Tinubu to Nigerians: We won’t return to subsidy regime appeared first on Tribune Online.’ This stance is in response to Atiku Abubakar’s promise to reintroduce fuel subsidies if elected. However, Tinubu’s comments have raised concerns about the potential impact on the economy and everyday Nigerians should the subsidies be removed. The All Progressives Congress (APC) candidate’s stance is not without controversy, as fuel subsidies have been a contentious issue in Nigeria for years. This is not the first time Tinubu has spoken out against fuel subsidies. In 2012, he was quoted as saying, ‘Fuel subsidy is a monster that feeds on the wealth of Nigeria.’ However, critics argue that the removal of fuel subsidies could lead to increased hardships for Nigerians, particularly the poor. According to Punch Newspapers, the report read, ‘Nigeria won’t go back to Egypt, Tinubu rejects Atiku’s subsidy plan.’ The upcoming elections are set to determine the future of this contentious issue.
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