Politics
2027: Subsidy return will reverse economic gains, says APC chairman
By Tony Chuddy
National Chairman of the ruling All Progressives Congress, (APC), Professor Nentalwe Yilwatda, has warned that proposals by former Vice President and presidential candidate of the opposition African Democratic Congress (ADC), Atiku Abubakar, to return the old fuel subsidy regime could reverse the economic gains recorded under the ongoing reforms of president Bola Tinubu
Professor Nentalwe stated that proposals will come with with negative consequences for workers’ wages, education, infrastructure and the fiscal stability of states.
The APC National Chairman, who gave the warning in a statement issued by his Special Adviser on Media and Information Strategy, Abimbola Tooki, on Sunday, said the proposal to reinstate fuel subsidy would return Nigerians to fuel queues, threaten the payment of the current minimum wage and lead to the cancellation of education grants for Nigerian students, among other negative consequences for the masses.
Recall that the ADC presidential candidate had caused stir a cross the political class ahead of the 2027 general election, when he declared that he would return petrol subsidy, if elected Nigeria’s new president in January 2027
The declaration has stored comments from especially the presidency and members of the ruling APC who have continuosly criticised Atiku’s planned return to subsidy regime
President Bola Tinubu, has on May 29, 2023, during his inauguration, declared that fuel subsidy was gone, in line with his campaign promise. Although the removal triggered an increase in the prices of goods and services, the APC-led Federal Government has consistently maintained that the policy has yielded significant economic gains for the country.
Professor Nentalwe warned while receiving a delegation of economic stakeholders in Abuja, that the subsidy debate should go beyond political rhetoric and consider the fiscal burden and wider consequences for states, workers, education and infrastructure.
APC National Chairman stated, “The former Vice President, Atiku Abubakar’s proposal to restore fuel subsidy raises fundamental questions about how such a policy would be financed and sustained without returning Nigeria to the cycle of fiscal pressures that characterised the previous arrangement.
“Subsidy may appear attractive because it promises cheaper petrol, but Nigerians must also ask the bigger question: who pays for the subsidy and what happens to the resources that government must divert to finance it? A policy cannot be judged only by its immediate benefit at the pump. We must examine its impact on government revenues, salaries, pensions, education, healthcare, infrastructure and the overall capacity of government to meet its obligations to citizens.
“A return to a fiscally unsustainable subsidy regime could have consequences far beyond the price of petrol. When government revenue is squeezed, the first victims are often the critical sectors that directly affect the welfare and future of our people.”
He noted that many states previously struggled to pay workers’ salaries and pensions, with some resorting to partial payments, adding that increased federal allocations following subsidy removal had improved states’ finances, urging caution against reintroducing subsidy and returning to past fiscal pressures.
The statement added, “The APC chairman also drew attention to the education sector, recalling the prolonged disruption of academic activities in Nigerian universities under the previous administration. Nigerians should be concerned about policies that could weaken the capacity of governments to finance education and other essential public services.
He added that the sustainability of improved workers’ salaries must be considered in the subsidy debate, stressing that governments must have the capacity to meet their recurrent obligations. He said higher wages should not come at the expense of funding infrastructure, education, healthcare and other essential services.
The APC chairman also said the ongoing reforms were improving Nigeria’s digital payment system, allowing more Nigerians, particularly young people, freelancers and content creators, to make and receive international payments.
According to the APC National Chairman, “Our young people are no longer limited by geographical boundaries. A Nigerian content creator, software developer, consultant or freelancer can provide services to clients anywhere in the world. But that opportunity requires a financial and payment system capable of supporting the global digital economy.
“We must therefore be careful about policies that could undermine the progress being made in strengthening Nigeria’s financial and digital ecosystem. The APC National Chairman also highlighted the Nigeria Education Loan Fund, describing it as an important intervention that has expanded access to tertiary education financing and reduced the immediate financial burden on many families.
“He said sustainable financing for education was critical to ensuring that young Nigerians are not forced to abandon their studies because their parents cannot afford tuition and other educational expenses.”
Professor Yilwatda said the subsidy debate should focus on building a strong and sustainable economy rather than relying on costly government interventions.
He acknowledged the hardship caused by subsidy removal, stressing the need for stronger measures to cushion its impact on vulnerable Nigerians.
The statement continued, “The hardship Nigerians have experienced is real, and government must continue to respond to it. But the answer cannot simply be to return to a system whose long-term fiscal implications created serious distortions in our economy.
“What Nigerians deserve is an economy that can sustainably finance good wages, quality education, healthcare, infrastructure and social protection without depending on an opaque and expensive subsidy system. Whenever anybody proposes a return to subsidy, Nigerians should ask: how much will it cost?
“Where will the money come from? What programmes will be sacrificed to finance it? And for how long can the government sustain it? These are legitimate questions that must be answered before the country embarks on another expensive policy experiment.”
Politics
APC Consensus aspirants mobilise structures for Tinubu, Sani victory in Kadina
Kaduna State All Progressives Congress (APC) Consensus Aspirants Forum has pledged to deploy its political structures for grassroots mobilisation and to secure victory for Tinubu, Uba Sani and other APC candidates in the state in 2027 election.
The forum made the pledge on Sunday at a press conference in Kaduna, saying its decision to accept the consensus arrangement was aimed at strengthening party unity and advancing the collective interest of the APC.
Mr Godwin Luka, Chairman of the forum, said the members had willingly stepped aside to allow other party members to emerge as APC flag bearers.
Luka said the aspirants had resolved to transform their political structures into a grassroots mobilisation force operating from the polling-unit level to wards, local governments and the state.
He said the forum’s commitment to the APC was driven not only by party loyalty but also by what it described as the performance of the Tinubu and Uba Sani administrations.
According to him, the forum was encouraged by ongoing infrastructure projects and other interventions being implemented by the Federal Government under the Renewed Hope Agenda.
He cited ongoing work on the Abuja-Kaduna-Zaria-Kano Road and the Sokoto-Badagry corridor, as well as interventions in education and other sectors.
Luka also commended the Kaduna State Government for various development projects across the state.
He said the administration had initiated road projects across the 23 Local Government Areas, while also undertaking interventions in primary healthcare, education and agriculture.
The chairman listed the upgrade of primary healthcare centres, establishment of Centres of Excellence and completion of a 300-bed specialist hospital among projects the forum considered significant.
He also cited the construction and renovation of classrooms, recruitment of teachers and establishment of new secondary schools as evidence of government interventions in education.
According to him, the distribution of fertiliser and provision of tractors to smallholder farmers were also helping to extend government interventions to rural communities.
“This is performance we can see, and performance compels us to work,” Luka said.
He said the forum would embark on strategic top-to-bottom and bottom-to-top mobilisation involving unit-to-unit consultations, ward-to-ward engagements and direct interaction with communities.
Luka urged APC members to remain united and avoid internal divisions, stressing that discipline, reconciliation and effective grassroots organisation would be critical to the party’s success in 2027.
He called on Nigerians to support the Renewed Hope Agenda, saying the forum believed the policies of the Tinubu administration and development initiatives of the Uba Sani government were delivering benefits to the people.
He said the aspirants’ acceptance of the consensus arrangement should not be viewed as the end of their political aspirations, but as the beginning of a broader responsibility to contribute to the party’s electoral success.
“Our decision to accept consensus was not the end of our political journey. It was the beginning of a greater responsibility — to turn our unity into electoral strength,” he said.(NAN)
Politics
You have demonstrated diligence, loyalty, statesmanship in leadership, Ekechi salutes Shetimma at 60
From Emeka Ngwaogu (Owerri)
Former member of the Birth East Development Commission, Theodore Okwu Ekechi, has described vice president Kashim Shetimma as a distinguished statement who has remained focused of the unity and prosperity of Nigeria in his political and social engagements
Ekechi, marketing and media practitioner, who felicitated with the vice president on the occasion of his 60th birthday, expressing gratitude to Almighty God for granting the him the privilege of another eventful year.
The Ngor Okpala born former commissioner for Information and Strategy in Imo state, in a congratulatory message extolled the virtues of the nice president as a distinguished statesman whose years of service and commitment to the development of Nigeria remain worthy of commendation.
He congratulated the Vice President on attaining another milestone in life while thanking God for His faithfulness, protection, sound health, and continued guidance upon the nation’s number two citizen.
Ekechi further noted that the former governor of Borno state has continued to demonstrate diligence, loyalty, statesmanship, and a strong sense of responsibility in the discharge of his constitutional responsibilities.
“As we celebrate you today, your experience and contributions to national development have continued to attract recognition, your leadership is anchored on service, commitment, and dedication to the nation’s progress,” Ekechi wrote in his congratulatory message, assuring him of his continued goodwill and prayers,He prayed the Almighty God to continue to grant vice president Shettima wisdom, strength, sound health, protection, and longevity to enable him contribute further to the peace, unity, stability, and prosperity of Nigeria.
Politics
Nigeria escorts ex-Sierra Leone President Koroma home after two years exile
Nigeria has facilitated the safe and dignified return of former Sierra Leone President Ernest Bai Koroma to the country, following more than two years of temporary relocation to Nigeria.
The Minister of Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, who accompanied Koroma to Freetown on the instruction of President Bola Ahmed Tinubu, said his return marked the successful conclusion of a regional diplomatic and confidence-building process.
She said Koroma’s relocation to Nigeria in January 2024 followed engagements by the Economic Community of West African States (ECOWAS) aimed at promoting peace, stability and political understanding in Sierra Leone.
According to her, the process helped create conditions for greater understanding between President Julius Maada Bio and the former president, paving the way for Koroma’s temporary stay in Nigeria.
“His conduct throughout this period reflected restraint, statesmanship, and commitment to a peaceful outcome,” Odumegwu-Ojukwu said.
The minister noted that during his stay in Nigeria, sustained engagements involving ECOWAS, the Nigerian Government and other stakeholders contributed to resolving issues that had necessitated his relocation.
She expressed appreciation to President Bio, former President Koroma and the people of Sierra Leone for their cooperation and commitment to peace.
Odumegwu-Ojukwu said Nigeria remained committed to regional harmony, constitutional order and democratic stability, expressing confidence that Koroma’s return would further strengthen national reconciliation and peace in Sierra Leone.
Former President Olusegun Obasanjo also joined the Minister in escorting Koroma back to Freetown.
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