₦airaland Forum

Nothing wrong with fuel subsidy removal. It is the haphazard Implementation that is the issue - Peter Obi (video)


https://www.youtube.com/watch?v=qMCjSNiDtd4

Labour party presidential candidate in the 2023 general election, Peter Obi, has said that there is nothing wrong with the removal of fuel subsidy, but the haphazard manner in which it was implemented by the Tinubu administration.

Recall that President Tinubu, during his inauguration speech on May 209, 2023, announced that the fuel subsidy is gone. This led to the hike in petrol pump prices, cost of transportation, food and many others.
In his fresh interview with Arise TV, Obi said.

‘’I have consistently maintained that I would have removed the fuel subsidy. You go to my manifesto, it is there. Steps I would have taken to remove it in an organized manner.

There is nothing wrong in the removal of subsidy, What is wrong is the haphazard way in which it was announced and implemented.

Everybody knows that the subsidy regime was a situation of criminality which we needed to unbundle that aspect out of it, do it in an organized manner

We were told we are doing it because we don't want to continue to borrow to continue the subsidy and that removal of it is to be able to have available funds to be invested in critical areas of development. Billions saved,
where is it? Where is it in the critical areas of development? ‘’

immortalcrown:
But everything is wrong with the dishonesty about the subsidy removal.

The promised economic benefits of the subsidy removal is yet to be evident in the economy of the nation.

Agbegbaorogboye:
Hypertension in the camp of hungry, emaciated Agbadorians
You'll soon see them convulsing on this beautiful and educative thread
Instead of them to drink from the well of wisdom

Ibehchizzy:
Tunubu govt said it saved 8trillion from the removal
We’re still asking where all the money gone to
Tunubu is a kokaine sniffling fraud

Ibehchizzy:
Tunubu govt said it saved 8trillion from the removal
We’re still asking where all the money gone to
Tunubu is a kokaine sniffling fraud

ExAngel007:
https://www.lindaikejisblog.com/2025/6/nothing-wrong-with-fuel-subsidy-removal-it-is-the-haphazard-implementation-that-is-the-issue-peter-obi-video.html