The 2023 presidential candidate of the African Democratic Congress (ADC), Dumebi Kachikwu, has said that if he is elected President of Nigeria in 2027, he will revise some policies of the Tinubu government, including the removal of the fuel subsidy.
In an interview with Vanguard, Kachikwu stated that the subsidy itself is not a bad policy and that poor Nigerians should not be forced to pay the “price of our inefficiencies or our inability to manage a subsidy system.”
He argued that the proper course of action is to go after the individuals who have abused the subsidy scheme, “prosecute them to the full extent of the law and bring sanity into the system.”
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Kachikwu said that President Bola Tinubu did not, in fact, remove the fuel subsidy on the day of his inauguration.
He insisted, “He didn’t remove the fuel subsidy. We must be careful about saying that the President removed fuel subsidies on the day of inauguration.”
He explained that the late President Muhammadu Buhari’s administration had already removed the subsidy by not providing for it in the budget.
Kachikwu clarified that President Tinubu only made the announcement after finding out there was no provision for the subsidy.
He added, “A lot of people rightfully or wrongfully believe that he was the one that removed subsidies. No, President Buhari didn’t provide the subsidy.”
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