Nigerian opposition vows to restore fuel subsidy
The African Democratic Congress, the party of former vice president Atiku Abubakar, will campaign on reinstating Nigeria's fuel subsidy, which was removed by President Bola Tinubu's administration three years ago. The removal led to a cost-of-living crisis. Abubakar has pledged to restore a targeted subsidy, arguing that Nigerians are too poor not to be subsidised. The government defends the removal as necessary to reduce the budget deficit and improve macroeconomic stability.
Why it matters: This highlights the theme of energy policy and its political consequences in Africa's largest economy.