Abuja — The presidential candidate of the African People’s Movement (APM), Seyi Makinde, has ruled out any return to the fuel subsidy regime, while calling for a new and sustainable pricing framework for petrol in Nigeria.
Makinde made the position known while speaking at the commissioning of the APM campaign office in Abuja, where he reiterated his commitment to the party’s “Reset Nigeria Agenda” ahead of the 2027 general elections.
The Oyo State governor said the commissioning of the campaign office represented another step towards his ambition of building a country that works for all Nigerians.
“Today’s commissioning of our campaign office in Abuja is another step towards our goal to build a country that works for every Nigerian under the Reset Nigeria Agenda,” Makinde said.
He used the occasion to appreciate supporters, political stakeholders and other opposition figures who attended the event, particularly former Anambra State governor and Labour Party presidential candidate, Peter Obi.
Makinde described Obi as his “brother” and stressed the need for opposition political parties and their leaders to work together ahead of the 2027 presidential election.
“As I said in my remarks, the opposition must work together in the forthcoming 2027 election,” he said.
The APM candidate’s position on fuel pricing comes amid continuing concerns over petrol prices, the impact of the removal of fuel subsidy on households and businesses, and the broader cost-of-living crisis facing Nigerians.
Makinde argued that rather than returning to the old subsidy system, Nigeria needs a pricing mechanism capable of providing greater stability and protecting citizens from excessive price shocks while ensuring that the downstream petroleum sector remains viable.
He maintained that the proposed Reset Nigeria Agenda would focus on addressing structural challenges in the economy and creating an environment where Nigerians can enjoy improved living standards and greater economic opportunities.
The call for opposition collaboration is also expected to form a significant part of political realignment ahead of the 2027 elections, as opposition figures continue discussions on how to build a stronger platform capable of challenging the ruling party.
With the commissioning of the Abuja campaign office, Makinde said the APM had taken another step towards mobilising Nigerians and advancing its political agenda ahead of the 2027 polls.