Kwankwaso says Obi government would support refineries through fuel subsidy reform
Rabiu Kwankwaso, the New Democratic Congress vice-presidential candidate, says a government led by Peter Obi would restore fuel subsidy in a different form. He describes investment in refineries as the proposed mechanism, but the supplied report gives no further details about the funding, timing or scope of the plan.
Rabiu Kwankwaso, the New Democratic Congress (NDC) vice-presidential candidate, has said a government led by Peter Obi would reintroduce fuel subsidy in a different form. According to Punch Nigeria, Kwankwaso said the proposed approach would involve investing in refineries rather than simply restoring the previous subsidy arrangement. The report did not provide details of the refineries involved or explain how the investment would be financed.
His comments set out an energy policy position for the proposed Obi-led administration, but the supplied material contains no further explanation of how the scheme would affect fuel prices, government spending or consumers. Kwankwaso is identified in the report as the NDC’s vice-presidential candidate. No response from other political parties or additional reaction to the proposal was included in the available material.
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