Former Governor of Rivers State and Vice Presidential Candidate of the African Democratic Congress (ADC), Rotimi Amaechihas said that Atiku Abubakar will restore the electricity subsidy if he is elected president in 2027.
Amaechi made the statement on Thursday while visiting wards in Omuma Local Government Area of ​​Rivers State where he delivered the campaign address of Atiku, the ADC presidential candidate.
He said the electricity tariff regime under the President Bola Ahmed Tinubu-led administration had significantly increased the cost of electricity for consumers following the removal of the subsidy.
Amaechi cited his own electricity bill as an example, saying that what he previously paid like N500,000 a month had increased to N4 million.
“My house electricity bill was N500,000; now I pay N4 million. Atiku said if he comes, I will go back to N500,000. No more bands A and B because the government will subsidize them,” he said.
The former governor also criticized the elimination of the gasoline subsidy, blaming the policy for higher transportation costs and rising food prices.
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“He (Tinubu) just held the microphone and didn’t care. He just said remove the subsidy. Since he removed the subsidy, transportation has gone up, food prices have gone up – tomatoes, maize, everything,” Amaechi said.
Amaechi further attributed the worsening economic conditions to insecurity, particularly its impact on farmers and food production.
He said insecurity had prevented many farmers from accessing their farms, a situation he linked to reduced food production and rising food prices.
“Insecurity has also increased. You can’t even do farming, and the government doesn’t care. Atiku said he will bring back the subsidy. If Atiku brings back the subsidy, everything will fall apart,” he said.
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