President Bola Tinubu has ruled out the possibility of restoring fuel subsidy, insisting that his administration will continue to channel resources towards agriculture, education and food security.
Tinubu stated this on Tuesday during the All Progressives Congress presidential campaign rally at Dutse Township Stadium in Jigawa State, as the party intensified its nationwide campaign ahead of the January 16, 2027 general election.
Addressing concerns over the removal of fuel subsidy, the President dismissed claims that the policy would be reversed, urging Nigerians not to believe opposition promises of its restoration.
“To those who say subsidy is coming back, it’s a lie. Don’t let them lie to you again. It’s not going to come back. We cannot spend the future of our children today and feel that they will grow tomorrow. No, they have to be in school. We have to invest in their education. We have to invest in agriculture,” he said.
The President said his administration would instead introduce measures to support farmers, particularly small-scale agricultural producers, through subsidies and interest-free loans.
He also promised to establish mechanised farming service centres in six geographical locations to improve agricultural productivity and strengthen food security.
“We will subsidise farming. We will reward small-scale farmers. Interest-free loans for farmers are coming. Prosperity is coming. Food security will happen,” Tinubu said.
He further disclosed plans to increase the involvement of universities in agricultural research and development, saying academic institutions would play a greater role in advancing the sector.
“Our university will be more involved in research and development in agriculture than ever before,” he added.
On insecurity, Tinubu expressed confidence that his administration would defeat threats to national stability, saying the government had strengthened the police and armed forces.
He also said security personnel were now receiving better salaries as part of efforts to improve the country’s security architecture.
“We will conquer insecurity. We’ve been through many wars; we will defeat our enemies, enemies of unity, enemies of stability, and enemies of hope. To assure you that we are doing that, we’ve strengthened the police, we’ve strengthened the armed forces, and we are paying better salaries today,” the President said.