Politics

Adegbonmire Predicts Atiku's Defeat Over Subsidy Stance; Nwosu Promises Contract With Nigerians

Senator Adeniyi Adegbonmire argues that Atiku Abubakar’s position on fuel subsidy removal will prevent his 2027 presidential victory, while former ADC chairman Ralph Nwosu states Atiku plans to sign a formal contract detailing specific fuel prices with voters.

By Ananya PatelPublished 4 Min Read
Adegbonmire Predicts Atiku's Defeat Over Subsidy Stance; Nwosu Promises Contract With Nigerians
Adegbonmire Predicts Atiku's Defeat Over Subsidy Stance; Nwosu Promises Contract With Nigerians
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Adegbonmire Defends Tinubu’s Economic Reforms

Senator Adeniyi Adegbonmire, who represents the Ondo Central Senatorial District and serves as the Chairman of the Senate Committee on Judiciary, has publicly defended the economic policies implemented by President Bola Ahmed Tinubu. Specifically, Adegbonmire offered strong support for the Federal Government’s decision to remove the fuel subsidy, framing it as a necessary step toward long-term national stability.

Speaking on the "Renewed Hope Agenda" during a radio programme in Akure, the capital of Ondo State, on Thursday, August 27, 2026, Adegbonmire characterized the administration's reforms not as temporary fixes, but as structural changes designed to produce enduring solutions. He stated that the President is working continuously to address the country's challenges and bring succour to Nigerians.

"Things are being done in phases, but the President is building systems and institutions that will endure," Adegbonmire said. He added that President Bola Ahmed Tinubu deserves commendation for his courage and commitment to these difficult economic measures. The senator also discussed his own achievements as a lawmaker and various developmental issues affecting Ondo Central and Nigeria at large during the broadcast.

Claim That Subsidy Opposition Will Cost Atiku the Election

Adegbonmire used the platform to express his belief that former Vice President Atiku Abubakar’s stance on fuel subsidy removal will ultimately prevent him from becoming president in the 2027 election. The senator argued that the political fallout from the subsidy policy, which he supports, positions the current administration favorably while creating a liability for opposition candidates who oppose it.

According to Adegbonmire, the public perception of economic management is shifting in favor of the Tinubu administration due to its willingness to undertake reforms that others might avoid. He suggested that voters are beginning to view these policies as essential for fixing the country, thereby diminishing the electoral appeal of candidates who promise to reverse them.

Nwosu Outlines Atiku’s Proposed Fuel Contract

In response to the ongoing political debate regarding fuel subsidies, Ralph Nwosu, the former National Chairman of the African Democratic Congress (ADC), stated that presidential candidate Atiku Abubakar intends to formalize his economic plans through a direct agreement with voters. Nwosu indicated that this contract would detail specific commitments regarding fuel costs and other economic programs.

Nwosu made these remarks on Arise Television’s "Daybreak" program on the same day, Thursday, August 27, 2026. He explained that Atiku plans to launch his campaign properly soon, describing the current period as the beginning of the "bonfire." The former ADC chairman emphasized that the party is already working on the policies Atiku would implement in the early months of his administration if elected.

"Atiku will sign a contract. We will soon launch our campaign proper," Nwosu said. He clarified that the proposed agreement would contain specific commitments on the price of fuel and other aspects of Atiku’s economic programme. "We will soon launch it, and Atiku will sign a contract with the Nigerian people. And in signing that contract, he will tell them specifically that by May 29th, this will be the cost of fuel and this is how it will go," Nwosu stated.

Diverging Views on Subsidy Policy

The statements from Adegbonmire and Nwosu highlight a sharp divide in the political narrative surrounding Nigeria’s energy sector. While Adegbonmire asserts that the removal of subsidies is a courageous and necessary reform that will benefit the current administration’s electoral prospects, Nwosu presents Atiku’s approach as a transparent, pre-commitment strategy aimed at restoring subsidy mechanisms with defined price points.

Nwosu disclosed that the ADC campaign team was preparing a programme for the first days of a potential Atiku presidency. This preparation includes defining the specific cost of fuel that would be in effect by May 29th, the date traditionally marking the start of a new presidential term in Nigeria. The former party chairman suggested that this detailed roadmap would serve as a binding commitment to the electorate.

As the 2027 election cycle progresses, these contrasting positions on fuel subsidy removal remain a central point of contention. Adegbonmire’s prediction that Atiku’s opposition to the current policy will be electorally fatal stands in direct contrast to Nwosu’s assertion that Atiku can win by offering a clear, contractually bound alternative to Nigerians regarding fuel prices and economic management.