EKO HOT BLOG reports that the presidential candidate of the Labour Party in the 2023 election, Peter Obi, has described fuel subsidy as an organised crime.
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 and Trade Union Congress.
“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 Anambra State governor added that he felt positive about Nigeria’s future.
Click to watch our video of the week
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has announced plans to spend…
A group of protesters stormed the Lagos State House of Assembly on Thursday to express…
Atalanta winger Ademola Lookman has been nominated for Serie A Player of the Month for…