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KOKO Business · 27 Oct 2026

Tinubu Warns Against Reversing Fuel Subsidy Policy

KOKO Business | People, Ideas, Markets, Growth | Tinubu Warns Against Reversing Fuel Subsidy Policy

President Bola Ahmed Tinubu has ruled out reverting to Nigeria’s prior economic policies, asserting that the removal of petrol subsidy is a necessary reform. His stance was articulated during a speech at An Evening with the Original City Boy, hosted by the City Boy Movement led by Seyi Tinubu.

Tinubu’s remarks were interpreted as a subtle rebuttal to former Vice President Atiku Abubakar’s advocacy for restoring fuel subsidies, despite not directly naming him.

In the context of the 2027 elections, Tinubu warned that reinstating fuel subsidies would hinder Nigeria’s development, positioning his economic strategy as a critical factor in the nation’s future trajectory.