President Bola Tinubu has dismissed any possibility of restoring the petrol subsidy, describing claims of a reversal as misleading. He stated that the Federal Government will sustain the current policy to secure the future of the economy of the nation.
The President made the declaration on Tuesday during the All Progressives Congress (APC) presidential campaign rally in Dutse, Jigawa State. He used the occasion to present the ruling party’s manifesto and economic development agenda ahead of the elections.
“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,” Tinubu declared.
Tinubu announced plans to introduce interest-free loans for smallholder farmers and establish mechanised farming service centres across the six geopolitical zones.
He added that the initiative is designed to scale up agricultural production, bring down food prices, and strengthen national food security.
On education financing, the President disclosed that funds recovered by the Economic and Financial Crimes Commission (EFCC) from corruption-related cases will now be directed into the Nigerian Education Loan Fund (NELFUND). He described the student loan scheme as a weapon against poverty and a key driver for human capital development.
Addressing national security concerns, Tinubu pledged that the Federal Government will intensify joint operations to defeat enemies of state unity and stability. He confirmed that security agencies have been strengthened through improved welfare packages and better remuneration to boost personnel morale.
The President also commended the Jigawa State Governor, Umar Namadi, for the developmental progress recorded under his administration, urging residents to support his re-election bid.
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