Kachikwu Vows to Reinstate Fuel Subsidy if Elected President in 2027

|By Chiwendu Nwani

Presidential candidate of the African Democratic Congress (ADC) in the 2023 election, Dumebi Kachikwu, has vowed to revise some policies of the Bola Tinubu administration, including the removal of fuel subsidy, if elected Nigerian President in 2027.

Speaking in an interview with Vanguard, Kachikwu argued that subsidy itself is not a bad policy, insisting that poor Nigerians should not bear the burden of government inefficiencies.

“Only a few Nigerians abused the subsidy scheme. The right response is not to scrap it but to prosecute the corrupt individuals and restore sanity to the system,” he declared.

Kachikwu further clarified that President Tinubu did not actually remove the fuel subsidy. He explained that the Buhari administration had already ended it by failing to make budgetary provisions before leaving office.

“President Tinubu merely announced what he met on ground. Buhari didn’t provide for subsidy in the budget, and that was the real removal,” Kachikwu stressed.

The ADC chieftain maintained that his administration would bring back a reformed subsidy system to cushion the suffering of ordinary Nigerians while clamping down on fraud.