2027: Fuel subsidy gone for good - Makinde reveals alternative plan

Seyi Makinde, the presidential candidate of the Allied Peoples Movement, stated he would not reinstate the fuel subsidy if elected. During the inauguration of his campaign office in Abuja, he proposed a more transparent approach to providing benefits to Nigerians, suggesting that domestic refineries receive crude oil at a preferential price. Makinde emphasized that benefits should be built into the initial supply price to avoid cost inefficiencies and distortions.