Connect with us


My Approach Of Removing Fuel Subsidy Would Have Been Different – Peter Obi



The presidential candidate of the Labour Party in the 2023 election, Peter Obi has said his approach of removing fuel subsidy would have been different from President Tinubu forceful removal move.

Obi, on Monday, said this while speaking on Arise TV ‘The Morning Show’ on what approach he would have taken differently in resolving the looming strike by the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC).

READ ALSO: Dollar Now Become Nigeria’s Economy Underground Currency – Peter Obi

He said, “Fuel subsidy is organised crime. I said it repeatedly that it should be removed. For me, the approach would have been, is to remove the corruption and criminal side of it and remove the excess demand.

“By doing this, you would have reduced it by 50 per cent. The remaining 50 per cent is what we would have been able to, after consultation with various stakeholders in order to find a way in an organised manner, remove and show the proceed of the gains of the removal to be invested in critical development areas.”

The former governor of Anambra State stated that he was optimistic about Nigeria’s future.


© 2023 Objectv Media. All rights reserved.