Who will benefit from your plan to support fuel refining?
Under my plan, support will be tied strictly to crude refined in Nigeria. If you do not refine here, you do not qualify. This means Nigerian refineries will benefit, Nigerian workers will benefit, Nigerian businesses will benefit, and Nigerian consumers will benefit. It is not a subsidy for foreign refineries, not for importers, and not for middlemen.
Where this comes from
Article on X Article by @atiku on X · https://x.com/atiku/status/2098441590184264064 2026-09-11 ›
“There is a clear difference between helping a producer reduce costs and forcing that producer to sell at a loss. “The Tinubu Presidency knows this. If it pretends otherwise, then it is not confused. It is deliberately misleading Nigerians.”
Atiku said the government’s attempt to equate every subsidy with import dependence was a brazen, dishonest and crude distortion designed to mislead Nigerians of the policy debate. “Under our plan, support will be tied strictly to crude refined in Nigeria. Nigerian refineries will benefit. Nigerian workers will benefit. Nigerian businesses will benefit. Nigerian consumers will benefit. “If you do not refine in Nigeria, you do not qualify. “This is not a subsidy for foreign refineries. It is not a subsidy for importers. It is not a subsidy for middlemen.