How would lowering fuel costs help people like farmers and traders?
Energy and transportation costs run through agriculture, manufacturing, logistics, markets and household spending, so my production-subsidy proposal is part of a broader affordability programme, not just a petrol policy. I want the farmer to spend less getting produce to market, the trader to spend less transporting goods, and the bus driver to spend less on fuel. I want parents to have more money left after transportation so they can put better food on the table.
Where this comes from
Article on X Article by @atiku on X · https://x.com/atiku/status/2100618980339646804 2026-09-17 ›
“My position is straightforward: support what Nigeria produces and refines, lower domestic production costs, and ensure that the benefit reaches the Nigerian consumer.
“This is not an import subsidy. If you do not refine in Nigeria, you do not qualify.
“The subsidy follows the barrel refined in Nigeria.
“Produce here. Refine here. Create jobs here. Pay less here.”
Atiku said reducing the underlying cost of energy was important not only because Nigerians buy petrol, but because energy and transportation costs run through agriculture, manufacturing, logistics, markets and household expenditure.
“My production-subsidy proposal is therefore not simply a petrol policy. It is part of a broader affordability programme.
“I want the farmer to spend less getting produce to market. I want the trader to spend less transporting goods. I want the bus driver to spend less on fuel. I want parents to have more money left after transportation so that they can put better food on the table.