Atiku Labels Petrol Subsidy A Scam, Promises Decisive Action
The Presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar, has promised to engage creditors to solicit cancellation or forgiveness to tackle Nigeria’s foreign debt profile.
He stated this on Tuesday at the Lagos Business School 2022 alumni day, while outlining his plans for economic recovery if given the opportunity to govern the country.
Abubakar labeled the controversial petrol subsidy as fraud and promised to scrap it once elected.
The PDP presidential candidate listed some of the positive impacts of his party between 199 to 20007 to include debt cancellation, privatisation, banking reforms, and an effective working partnership with the private sector.
He said, “I was the chairman for the removal of the fuel subsidy committee and I recall how we re...