Fuel Subsidy: Tinubu, Atiku and Obi’s Approaches Compared

President Tinubu’s government removed fuel subsidy, but critics argue that the expected savings have not translated into meaningful relief for ordinary Nigerians. They question how the reported trillions in savings have been spent and say the public is carrying the economic burden. Atiku Abubakar’s reported position that subsidy should return may sound populist, but it raises concerns about renewed borrowing, arbitrage, leakages and the return of benefits for oil marketers and smugglers. Peter Obi supports subsidy removal but argues that the savings should be transparently used to cushion hardship, reduce waste and improve public services. Which approach is more realistic for Nigeria: restoring subsidy, retaining it under the current model, or redirecting the savings towards targeted support?

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