The Presidential Candidate of Labour Party during the 2023 general election, Peter Obi has explained how his government would have removed subsidy payment on Premium Motor Spirit also known as petrol if elected as Nigerian president. Obi, a former governor of Anambra State, stated this at the Court of Appeal, the venue of the Presidential Election Petitions Tribunal, in response to the directive issued by the newly inaugurated president, Bola Tinubu, which resulted in the immediate removal of the subsidy.
How I Supported Fuel Subsidy Removal As Far Back As Ex-President, Jonathan’s Administration – Peter ObiThe Presidential Candidate of Labour Party during the 2023 general election, Peter Obi has explained how his government would have removed subsidy payment on Premium Motor Spirit also known as petrol if elected as Nigerian president.
Speaking with Channels TV, Obi said, “I’ve actually been in support of the removal of subsidies right from the President Goodluck Jonathan era, when I was a member of the Economic Management team,” “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.”
He continued: “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.”
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