The African Democratic Congress, ADC, presidential running mate, Rotimi Amaechi, has assured Nigerians that the party’s presidential candidate, Atiku Abubakar’s proposed restoration of fuel subsidy will not enrich a few wealthy Nigerians if elected president.
Amaechi disclosed that Atiku would restore a production-based subsidy if elected president in 2027.
Speaking at a town hall meeting in Edo State on Thursday, Amaechi said the fuel subsidy would target owners of refineries and modular refineries in Nigeria.
According to Amaechi, “We are not bringing back subsidy to produce rich men. That subsidy where rich men will go to Ghana, come back and say we have bought fuel for you, no.