By Sabiu Abdullahi
Former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has appealed to President Bola Tinubu to reconsider the Federal Government’s plan to end electricity subsidies from 2027.
Atiku made the appeal in a video address on Friday while discussing the rising cost of living, government interventions and increasing energy costs across Nigeria.
The Federal Government has said it intends to phase out electricity subsidies from 2027 as part of efforts to tackle accumulated financial obligations in the power sector and create a more sustainable electricity market.
Power Minister, Joseph Tegbe, said the government was developing measures to protect vulnerable electricity consumers from the impact of the reforms.
However, Atiku argued that removing the subsidy without first easing the financial pressure on households and businesses could further deepen the economic difficulties faced by Nigerians.
He said government measures such as food distribution and cash transfers could offer temporary relief but would not address the underlying causes of rising living costs.
“A bag of rice cannot repair an economy in which transportation costs outrun salaries,” Atiku said.
“A cash transfer cannot permanently compensate a worker for whose income is continually eroded by energy costs. Palliatives manage pain. Good policy addresses the source of the pain.”
The former vice president said Nigerians were already dealing with significant economic pressure, adding that the proposed electricity subsidy withdrawal could introduce another burden.
“And as if the pressure on families were not enough, Nigerians are now being told that electricity subsidies will be phased out in 2027,” he said.
Atiku maintained that electricity bills were already placing considerable pressure on households and businesses.
“Electricity is already expensive. Families are calculating how long their units will last,” he said.
“Small businesses are struggling to keep the lights on. Manufacturers are spending enormous amounts on electricity, diesel, and alternative power simply to keep factories running.”
He listed several businesses that rely heavily on electricity and could be affected by further increases in energy costs.
“The barber needs electricity for his clippers. The tailor needs it for her machines. The frozen food seller needs it to preserve her stock. The welder needs it for his equipment. The manufacturer needs it to keep the factory alive,” Atiku said.
The ADC presidential candidate also urged the administration to learn from the consequences of the removal of petrol subsidies before implementing another major energy reform.
“The lesson of petrol must not be repeated with electricity,” he said.
“Do not remove first and think later. Do not impose the pain first and search for palliatives afterwards.”
The planned withdrawal of electricity subsidies comes as the government seeks to address the financial difficulties within the power sector.
Tegbe said in July that the government was working towards ending electricity subsidy payments in 2027 while addressing an estimated ₦3.3 trillion in legacy debt within the electricity market.
Atiku urged Tinubu to devote the remaining period of his administration to measures that could reduce the financial pressure on Nigerians.
He also cautioned the government against treating the period before the 2027 general election as too short to make a difference in the lives of citizens.
“Eight months may sound short inside Aso Rock, but eight months is a very long time when you are living from hand to mouth,” he said.
“Use that time to reduce burden on Nigerians, please.”
Despite their political differences, Atiku said he was willing to share policy proposals with the Federal Government if they could help ease the difficulties facing Nigerians.
“And if your government requires policy ideas or technical input on how to bring relief, I am prepared to make mine available,” he said.
“Nigerians do not have to wait for another administration before they benefit from an idea that can help them today.”
He added: “If you need the framework, I will provide it. Implement it under your government. Give it whatever name you choose. Take the credit.”
Atiku said political competition between him and Tinubu should not come ahead of the interests of Nigerians.
“I ask for only one thing. Let Nigerians breathe,” he said.
“I am prepared to compete with you politically, but I will never compete with the welfare of the Nigerian people.”
The comments come as discussions over the future of energy subsidies continue ahead of the 2027 general elections. Atiku has also expressed support for restoring petrol subsidies if elected president, a position that has drawn criticism from the Tinubu administration and other commentators.
While the Federal Government maintains that electricity subsidies are no longer financially sustainable and that reforms are necessary to strengthen the power sector, Atiku is calling for a transition that would not place additional pressure on households and businesses.