Politics
Senator Abbo Proposes Fuel Price Cut to N480/Liter by 2025, Extending Support to President Tinubu
By
Jago
Senator Ishaku Abbo has unveiled a detailed plan aimed at reducing petrol prices in Nigeria from the current price of over N1000 per liter to N480 by February 2025. He believes this initiative will provide much-needed relief to citizens struggling with the rising cost of living. ...(CONTINUE READING)
Abbo’s vision includes further decreasing petrol prices to N250 per liter by February 2026.This proposal follows a recent national grid failure that left Northern Nigeria without power for nearly two weeks. Abbo has criticized past administrations in Adamawa for failing to collaborate with the federal government on upgrading the Kiri dam in Shelleng LGA into a power generation facility capable of producing at least 35 megawatts of electricity.
He advocates for an embedded generation model that would allow power to be supplied directly to the state without relying on the national grid.“People are suffering, and hunger is causing daily distress. Crime is increasing due to poverty and a lack of job opportunities for the youth,” Abbo lamented. “It pains me to see families struggling to find food.”
Additionally, Senator Abbo has offered to share his strategy with President Tinubu, aiming to combat the high fuel prices that contribute to inflation and economic hardship. He insists that his plan will lower petrol prices to N480 per liter by the end of February 2025, with a further reduction to N250 per liter by February 2026.
The senator, who has represented Adamawa North in both the 9th and early 10th Senate, emphasizes that his initiative addresses a critical national concern without personal motives. While the proposal is promising, its success will ultimately depend on effective implementation to address Nigeria’s economic issues.
If Abbo’s plan is executed successfully, it could significantly alleviate the struggles of Nigerian citizens and establish President Tinubu’s legacy as the leader who finally resolved the country’s long-standing energy crises.
