President Bola Tinubu has ruled out the return of fuel subsidy, promising instead to subsidise agriculture and provide interest-free loans to small-scale farmers.
Tinubu made the declaration on Tuesday at a campaign rally in Jigawa State, where he urged Nigerians to reject promises by opposition figures to restore fuel subsidy.
He argued that continuing to fund fuel subsidy would undermine the country’s ability to invest in infrastructure and other critical sectors.
The President announced plans to establish mechanised farming service centres across six geographical locations, alongside improved irrigation, agricultural research and support for small-scale farmers.
He also promised to work towards reducing food prices and strengthening Nigeria’s food security.
On insecurity, Tinubu urged residents to share useful information with security agencies, assuring them that his administration was working to strengthen the armed forces and police.
He further described the Nigerian Education Loan Fund, NELFUND, as a tool for reducing poverty, adding that recovered funds and assets from corruption investigations would support the scheme.
Meanwhile, the Director-General of the APC Presidential Campaign Council, Senator Abdul-Aziz Yari, said the turnout at the rally demonstrated support for Tinubu in the North-West.
