Politics
Peter Obi once again labels fuel subsidy an organised crime
The Labour Party’s presidential candidate for the 2023 elections, Peter Obi, has labeled fuel subsidy as an organised crime during his appearance on Arise TV’s ‘The Morning Show’ on Monday, October 02, 2023.
Obi, the former governor of Anambra State, voiced his stance on the controversial issue and outlined his approach to resolving the impending strike by the Nigeria Labour Congress and Trade Union Congress.
“Fuel subsidy is organised crime. I said it repeatedly that it should be removed,” Obi asserted during the interview.
He elaborated on his strategy, stating, “For me, the approach would have been to remove the corruption and criminal side of it and eliminate 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 remove in an organised manner, after consultation with various stakeholders. The proceeds of this removal would be invested in critical development areas.”
Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.
She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others
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