Former Rivers State governor and Vice Presidential candidate of the African Democratic Congress (ADC), Rotimi Amaechi, has said Atiku Abubakar will restore electricity subsidy if elected president in 2027.
Amaechi made the statement on Thursday while visiting wards across Omuma Local Government Area of Rivers State, where he delivered the campaign message 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 subsidy.
Amaechi cited his own electricity bill as an example, saying what he previously paid as N500,000 per month had risen 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 Band A and B because government will subsidise it,’ he said.
The former governor also criticised the removal of petrol subsidy, blaming the policy for higher transportation costs and rising food prices.
‘He (Tinubu) just held microphone and didn’t care. He just said remove subsidy. Since he removed subsidy, transportation increased, food prices increased – tomatoes, corn, 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 higher food prices.
‘Insecurity also increased. You no even fit go farm, and government doesn’t care. Atiku said he will bring back subsidy. If Atiku brings back subsidy, everything will come down,’ he said.