President Bola Ahmed Tinubu has ruled out the possibility of restoring Nigeria’s fuel subsidy, insisting that his administration will not reverse the policy despite concerns over its economic impact on Nigerians.
The President gave the assurance on Tuesday, November 10, 2026, while addressing supporters of the All Progressives Congress (APC) during a political rally in Jigawa State.
Tinubu maintained that bringing back the fuel subsidy would undermine the government’s ability to invest in critical sectors, including agriculture, education and infrastructure.
Responding to suggestions that the government might reconsider its decision to remove the subsidy, he warned Nigerians against believing such claims.
“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,” the President declared.
He explained that the resources previously committed to subsidising fuel should instead be channelled towards initiatives that would support economic development and improve the living conditions of Nigerians.
The President also stressed the importance of investing in education, arguing that the government should not sacrifice the future of younger generations through unsustainable spending.
INTEREST-FREE LOANS AND MECHANISED FARMING FOR FARMERS
Beyond defending the fuel subsidy policy, Tinubu announced plans to introduce interest-free loans for small-scale farmers as part of his administration’s efforts to strengthen food production and improve agricultural productivity.
He said the government would also establish mechanised farming service centres across Nigeria’s six geopolitical zones to make modern farming equipment and services more accessible.
“We will subsidise farming. We will reward small-scale farmers. Interest-free loan for farmers is coming. Prosperity is coming,” he said.
According to the President, the proposed interventions are intended to encourage farmers, increase agricultural output and reduce the cost of food across the country.
He further disclosed plans to strengthen agricultural research and development through universities, noting that Nigeria has sufficient arable land and human resources to achieve food self-sufficiency.
Tinubu expressed confidence that improved agricultural investment, irrigation and mechanisation would help the country produce more food and bring prices down.
“We have the arable land. We have the commitment. We have the people. We can feed ourselves and we will bring the food prices down to the minimum,” he assured.
TINUBU PRAISES JIGAWA GOVERNOR
The President also commended Jigawa State Governor, Umar Namadi, for his administration’s efforts in youth development and other areas of governance.
He urged residents to support the governor’s second-term ambition, describing him as a hardworking leader committed to delivering development to the people.
Tinubu reiterated his administration’s commitment to infrastructure development, particularly road construction and rehabilitation, assuring Nigerians that no geopolitical zone would be neglected.
He also addressed the country’s security challenges, promising continued efforts to strengthen the armed forces and improve the welfare of security personnel.
The President called on Nigerians to support security agencies by providing timely and useful information that could help prevent attacks and tackle insecurity.
He further presented the APC manifesto at the rally, highlighting the party’s commitments to healthcare, education, electricity, affordable housing, employment opportunities and economic prosperity.
The President maintained that his administration’s policies were designed to create sustainable economic opportunities and improve the standard of living across the country.
