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Big Men in Trouble as Peter Obi Speaks on Plan About Major Issue Challenging Nigeria’s Economic Development

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Peter Obi, the 2023 presidential candidate of the Labour Party has assured Nigerians that he will phase out the fuel subsidy regime once he becomes the nation’s president after the forthcoming election.


Obi while speaking at the presidential town hall meeting organised by Channels Television on Sunday, January 8, said he is committed to the removal of fuel subsidy

He noted that once he becomes president of Nigeria, the removal of fuel subsidy will be a priority of things to do on his list.

Subsidy is an organised crime in Nigeria
Describing the subsidy regime as an organised crime assured that he would cut off fuel subsidy beneficiaries and put to rest the issue permanently.

His words:

“I can assure you, it (subsidy) will go immediately. Subsidy, I’ve said it before, is an organised crime and I will not allow it to stay a day longer.

“What they’re telling you is not what it is. Half of what is being mentioned is not subsidy. First is that we consume the quantity that is not supposed to be consumed here. We are the same population with Pakistan. They consume below 50 per cent of what we consume.

“So, the first half, I will remove it and give those people who are drinking it water, because that’s what they’re supposed to drink, so we can save the money.”

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The request by the Labour Party to use an Ebonyi state-owned stadium for its campaign has been approved.

The approval was expressly made by the governor of the state David Umahi, ahead of the slated date for the Labour Party’s campaign.

Umahi also warned against denying access to government-owned facilities to opposition political parties.

The 2023 presidential candidate of the Labour Party, Peter Obi, threw shades at some of the top candidates contesting the forthcoming election in February.

Speaking in Ado Ekiti during his campaign in Ekiti State on Thursday, January 5, Obi said that Nigeria’s number one elective office is not a retirement home.

The former Anambra state governor the seat of the president is not a retirement home to be occupied by people in their 70s and above.

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