Reno Omokri Lists 10 Things That Will Disappear If Fuel Subsidy Returns to Nigeria

Reno Omokri Lists 10 Things That Will Disappear If Fuel Subsidy Returns to Nigeria

  • Reno Omokri warned that restoring fuel subsidy in Nigeria could trigger a cascade of economic setbacks across key sectors
  • The former presidential aide listed 10 specific consequences, including threats to Naira stability, military funding, and student loans
  • Omokri urged Nigerians to support President Tinubu's economic direction, citing GDP growth and trade surplus figures

Former presidential aide and activist Reno Omokri has issued a sharp warning against any move to restore Nigeria's fuel subsidy, saying such a decision would unravel several of the country's recent economic gains.

Writing on his X account, Omokri listed ten specific areas he believes will suffer if the subsidy returns, ranging from civil service salaries to national security.

The former presidential aide lists 10 potential consequences of subsidy reinstatement.
Reno Omokri warns against restoring Nigeria's fuel subsidy. Photo: RenoOmokri
Source: Twitter

What Omokri Says Will Be Lost

According to Omokri, reinstating the fuel subsidy would put the regular payment of civil servants' salaries at risk, as well as the NELFUND student loan scheme. He also said universities would face disruption because the government would lack sufficient funds to manage the Academic Staff Union of Universities (ASUU), threatening the stability of the academic calendar.

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On the economic side, Omokri argued that Nigeria's foreign reserves of $52 billion and the current relative stability of the naira would be jeopardised.

He added that the growth of the Dangote Refinery and major infrastructure projects, including the Lagos-Calabar Coastal Highway, the Sokoto-Illela-Badagry Superhighway, and the Eastern Railway Corridor, would also stall.

The former aide further warned that recent salary increases for the military and the planned expansion of the Nigerian Army from eight divisions to twelve would be reversed. He said insecurity would worsen because the federal government would no longer be able to fund military rearmament.

Omokri Urges Nigerians to Back Tinubu

Omokri called on Nigerians to trust President Bola Tinubu's management of the economy, pointing to what he described as significant macroeconomic progress. He said Nigeria's GDP had grown by $67 billion over two years and that the country had recorded 14 consecutive cycles of both GDP growth and trade surpluses.

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"All of this macroeconomic stability will be jeopardised if Nigeria reverses the gains of subsidy removal," Omokri wrote, adding that "actions have consequences, especially poorly thought-out actions targeted at political ends rather than economic goals."

The fuel subsidy debate has remained one of the most contentious policy issues in Nigeria since President Tinubu announced its removal on his inauguration day in May 2023, a move that triggered a sharp rise in fuel prices and the cost of living across the country.

Omokri lists 15 reasons he will vote for Tinubu

Earlier, Legit.ng reported that Nigeria's ambassador-designate to Mexico, Reno Omokri, had publicly declared his intention to vote for President Bola Tinubu in the 2027 presidential election.

Omokri outlined 15 specific reasons in a post on X (formerly Twitter) on Thursday, August 20, 2026.

Source: Legit.ng

Authors:
Ibrahim Sofiyullaha avatar

Ibrahim Sofiyullaha (Editorial Assistant) Ibrahim Sofiyullaha is a graduate of First Technical University, Ibadan. He was the founder and pioneer Editor-in-Chief of a fast-rising campus journalism outfit at his university. Ibrahim is a coauthor of the book Julie, or Sylvia, written in collaboration with two prominent Western authors. He was ranked as the 9th best young writer in Africa by the International Sports Press Association. Ibrahim has contributed insightful articles for major platforms, including Sportskeeda in the UK and Motherly in the United States. Email: ibrahim.sofiyullaha@corp.legit.ng