Politics
Fayose visits Tinubu, says health issues don’t know political party
A former governor of Ekiti State, Ayo Fayose, on Tuesday paid a courtesy visit to a national leader of the All Progressives Congress, Bola Tinubu, at his residence in Bourdillon, Ikoyi, Lagos.
Despite being in different political parties, as Fayose is a bigwig in the Peoples Democratic Party, the former governor noted that ‘politics should be about love for each other’.
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Tinubu recently arrived from London where he went for physiotherapy. Taking to his verified Facebook page, Fayose noted that ‘health issues know no political party’.
He wrote, “Today, I was at Bourdillon, Ikoyi, Lagos to wish Asiwaju Ahmed Bola Tinubu a quick recovery. Health issues know no political party and in this part of the world, we seldom celebrate people when they are alive. Rather, we like to sign condolence registers. To me, that is not the best way to live.
“Most importantly, politics should be about love for each other. Therefore, like other leaders in Nigeria, I wish Asiwaju sound and robust health. And to those negative political analysts, this visit notwithstanding, I remain an unrepentant PDP leader and key stakeholder.”
Punch
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Politics
“Close Your Mouth”: Amaechi, Sowore, Obi Clash Over Fuel Subsidy in Heated NBA Debate
Politics
Peter Obi Backs Subsidy Removal, Blames Poor Governance for N16 Trillion Waste
Peter Obi Backs Subsidy Removal, Blames Poor Governance for N16 Trillion Waste
The debate over Nigeria’s fuel subsidy removal has taken a new turn, with former Anambra State governor and 2023 presidential candidate Peter Obi firmly restating his support for the policy. Speaking at the Nigerian Bar Association (NBA) Annual General Conference in Port Harcourt on Monday, Obi argued that mismanagement of subsidy proceeds should not be a reason to reverse the policy. Instead, he called for transparency and accountability in the use of the billions of naira saved from the reform. Obi, who now runs under the banner of the Nigeria Democratic Congress (NDC), made it clear that his opposition is not to the removal itself but to the lack of structured implementation and the failure to cushion the economic impact on ordinary Nigerians. His position puts him at odds with fellow opposition figure Atiku Abubakar, who has promised to bring back the subsidy if elected in 2027.
According to Obi, the removal of petrol subsidy was a necessary fiscal decision that his own 2023 presidential manifesto had already proposed. He maintained that keeping the subsidy would only perpetuate waste and delay critical national development. “I subscribe and I maintain that you need to remove subsidy. Mismanagement of the proceeds shouldn’t be the reason for not removing it,” Obi was quoted as saying during the panel session. He stressed that reversing the policy would be a backward step that treats the symptom rather than the disease. The real issue, he argued, is not the removal itself but the poor governance and lack of transparency that have characterised the handling of the funds generated from the policy.
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Obi expressed concern that the N16 trillion reportedly realised from the subsidy removal has not been visibly channelled into projects that improve the lives of Nigerians. He alleged that these resources are being mismanaged and, in some cases, stolen, while citizens bear the brunt of rising fuel prices, high transportation costs, and a general increase in the cost of living. “What we should have done is that when we removed the subsidy, we would have given the people alternative usage for the subsidy. What we have today is that that removal and the attendant resources being recovered is also being mismanaged and stolen,” Obi said. He argued that the government should have implemented the policy in a structured manner, with clear plans for reinvesting the savings into productive sectors such as education, healthcare, infrastructure, and poverty alleviation.
To illustrate his point, Obi offered practical examples of how the funds could have been better utilised. He noted that just 5% of the N16 trillion savings—about N800 billion—would be enough to build primary healthcare centres in all 8,809 wards across Nigeria, with each facility costing an estimated N100 million. He also highlighted the acute shortage of kidney treatment facilities in the country, pointing out that Nigeria needs about 1,000 kidney centres and 5,000 dialysis machines, but currently has fewer than 200 centres and 800 machines. A kidney centre costs about N200 million, while a single dialysis machine goes for roughly N10 million. Beyond healthcare, Obi suggested that the government could have added the savings to Nigeria’s Sovereign Wealth Fund, which would have grown by an estimated $10 billion. This, he said, could generate monthly returns that could be used for national development.
The former governor also took a swipe at the luxurious lifestyle of public officials, contrasting it with the hardship faced by everyday Nigerians. “People in government have asked Nigerians to fast. Okay. They cannot be feasting when Nigerians are fasting,” Obi said. He urged the government to lead by example and ensure that the sacrifices made by citizens are matched by prudent management of public funds. According to him, the solution lies not in restoring the subsidy but in strengthening institutions, accountability, and governance to ensure that the benefits of the policy are felt by all.
Obi’s comments come at a time when the economic consequences of subsidy removal continue to dominate public discourse. While the Federal Government has defended the policy as fiscally unsustainable and necessary for long-term growth, critics have demanded greater transparency over the use of the savings, especially as inflation and living costs continue to rise. As Obi positions himself for the 2027 general elections, his messaging is increasingly centred on economic management, fiscal discipline, and the prudent use of public resources. His latest intervention reinforces his stance that Nigeria must move forward—not backward—by fixing governance failures rather than abandoning difficult but necessary reforms.
Peter Obi Backs Subsidy Removal, Blames Poor Governance for N16 Trillion Waste
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