Sowore promises to restore fuel subsidy if elected president
Omoyele Sowore, presidential candidate of the African Action Congress, has pledged to restore fuel subsidy if elected president. In a recent interview, Sowore argued that the government is still secretly subsidising various sectors, including petrol and the naira. He criticised the lack of transparency around subsidies and claimed that wealthy Nigerians benefit more than the poor. Sowore also highlighted Nigeria's food insecurity and economic decline following the removal of fuel subsidy.
Key takeaways
- Omoyele Sowore stated he would restore fuel subsidy if elected president, insisting current subsidies are still in place under different names.
- He argued that the government quietly subsidises the naira and benefits the wealthy more than the poor through customs waivers.
- Sowore linked the removal of fuel subsidy to the decline of the naira and worsening economic conditions.
- He criticised the government's communication, saying it focuses on presentation rather than real solutions for Nigerians.
- Sowore cited concerns from the Food and Agriculture Organization about Nigeria's food insecurity, noting the country is unique among oil producers facing such shortages.
