Subsidy Is Not Coming Back,’ Tinubu Declares, Says Prosperity Is Coming

President Bola Tinubu has again ruled out the possibility of restoring the petrol subsidy, insisting that his administration will not sacrifice the future of coming generations by returning to the policy.

The president, however, assured Nigerians that prosperity was coming, announcing plans to subsidise agriculture, reward small-scale farmers and provide interest-free loans to boost food production and achieve food security.

Tinubu made the declarations on Tuesday during the All Progressives Congress (APC) presidential campaign rally in Jigawa State.

Addressing the crowd, the president dismissed claims that his administration would bring back fuel subsidy, describing such promises as lies and urging Nigerians not to be deceived.

“To those who said 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 own tomorrow,” he said.

Tinubu argued that rather than return to fuel subsidy, his government would channel resources towards critical sectors, particularly education and agriculture, to secure a better future for the next generation.

He said his administration was committed to investing in education and supporting farmers to increase agricultural productivity.

“We will subsidise farming. We will reward small-scale farmers. Interest-free loan for farmers is coming,” the president declared.

He further disclosed that the government would establish mechanised farming service centres across six geographical locations in the country to provide farmers with access to modern agricultural equipment and improve farming operations.

According to him, the initiatives would help strengthen food production, improve farmers’ livelihoods and make food security achievable.

“Prosperity is coming. Food security will happen. I hope you hear me,” he added.

On insecurity, Tinubu acknowledged the security challenges confronting the country, urging residents to work with security agencies by sharing information and promptly reporting suspicious activities.

He encouraged Nigerians to see their neighbours as partners in the fight against insecurity and avoid withholding information that could assist security agencies in tackling criminal activities.

“I’ve heard you loud and clear. I know you have problem of security, insecurity in Nigeria. But working together, see your neighbour as your friend and partner,” he said.

The president assured Nigerians that his administration was working to restore peace and safety across the country, adding that security personnel were receiving improved welfare packages, including better salaries, housing and rewards.

He also said the government had strengthened the police and armed forces to enhance their capacity to confront security threats.

“We will conquer insecurity. We’ve been through many wars. We will defeat our enemies. Enemies of unity, enemies of stability, enemies of hope,” Tinubu said.