“They want to bring back the subsidy. Are they mad?” he questioned, defending the current administration's stance. “It is we (governors) that should make such explanations because it is we that collect the money.”
Abiodun highlighted that the funds have been utilized to bolster infrastructure and social programs across the states. He asserted, “What have we been using to build airports, roads, schools, and housing? Isn’t it from subsidy?”
The debate over the financial implications of subsidy removal has intensified as Nigeria gears up for the 2027 elections. Opposition figures, including former Vice-President Atiku Abubakar, have been vocal in demanding greater accountability regarding the additional revenue generated from the subsidy’s end.
The Tinubu administration has defended its decision to eliminate the subsidy, arguing that it has freed up resources previously allocated to artificially low petrol prices. Finance Minister Taiwo Oyedele recently announced that the removal has saved the federation N15.8 trillion from June 2023 to December 2025.
Abiodun dismissed the opposition's chances in the upcoming elections, confidently asserting that the APC would “defeat them mercilessly.” His remarks come amid rising scrutiny regarding how subsidy removal funds are being managed.
The conversation surrounding petrol subsidy removal continues to be a hot topic, as many citizens remain concerned about how the newfound financial resources are being utilized by their state governments. With the elections approaching, transparency and accountability will likely become more critical issues for voters.
As debates unfold, Abiodun’s stance reinforces the notion that state governors must play a pivotal role in explaining how the benefits of petrol subsidy removal are being leveraged to improve the lives of Nigerians.
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