Obi: Fuel subsidy was organised crime; how I would have removed it
Presidential candidate of the Labour Party (LP) in the February 25 election, Peter Obi, insists that fuel subsidy is organised crime.
He said he would remove it as president of Nigeria but not before putting in place measures to cushion the effects on the citizens.
Obi spoke with journalists at the Court of Appeal, venue of the Presidential Election Petitions Tribunal, on Tuesday, June 6.
He said, “If you have followed me very well right from the time I was a member of Jonathan’s economic management team, I consistently maintained that subsidy should be removed because I see it as organised crime.
“People were just stealing the resources of the country and I showed it empirically in my statistical analysis that we were not consuming the amount of fuel they claimed we consumed.”
Obi gave a “tooth pain” removal analogy saying, “If you approach a dentist to remove a painful tooth, he will apply a local anesthetic to numb the area around the tooth so you do not feel pain.
“It’s not the same thing as pulling the tooth forcefully; the pain you feel will be different. For me, I will go with the approach of the dentist, while supporting the removal of the tooth because I wouldn’t want to go through the pain of a forceful removal.”
He also said, “If you read my manifesto you will see clearly how I planned to remove subsidies. I will govern with the people and show them statistically and empirically what we are going to save, and what we are going to do using the savings to better the suffering masses.
“The problem in Nigeria is that often government tell the masses to suffer and sacrifice, for a better future; but in future things gets worse.”
PH refinery to blend 1.4-million litre petrol daily - NNPC Rehabilitated old Port Harcourt…
Relief as Israel agrees to ceasefire with Lebanon Israeli Prime Minister Benjamin Netanyahu has…
US University opens 2025 scholarships for international students Montana Technological University (Montana Tech) has opened…
200,000 repentant terrorists surrender, drop arms in North East – CDS The Chief of Defence…
Canadian university offers funded national scholarship program for 2025 Western University has announced that applications…
Israeli strikes pound central Beirut, suburbs BEIRUT: Israeli strikes pounded a densely-populated part of the Lebanese…