Wednesday, 07 June 2023 02:29

‘Removing petrol subsidy suddenly is like forceful removal of a painful tooth’ - Obi

Rate this item
(0 votes)

Peter Obi, the presidential candidate of the Labour Party (LP), says removal of the petrol subsidy by the present administration was a “forceful” attempt despite his support for it. 

Obi spoke to journalists in Abuja on Tuesday while attending the hearing of the election petition tribunal. 

The removal of the petrol subsidy followed the pronouncement of President Bola Tinubu when he said the petrol subsidy regime was over.

Afterwards, Nigerian National Petroleum Company (NNPC) Limited, announced the adjusted price of petrol across its retail outlets — an action that has led to several agitations. 

Reacting to this development, Obi said while he supported the removal of the subsidy, it must be with a condition that is empirical to the people.

“If you have followed me very well right from the time I was a member of Jonathan’s economic management team, I consistently maintained that subsidy should be removed because I see it as organized crime,” the LP candidate said.

“People were just stealing the resources of the country and I showed empirically in my statistical analysis that we are not consuming the amount of fuel they claim we consume.

“If you approach a dentist to remove a painful tooth, he will apply a local anaesthetic to numb the area around the tooth so you do not feel pain. 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 forceful removal.

“If you read my manifesto you will see clearly how I planned to remove the subsidy. I will govern with the people and show them statistically and empirically what we are getting and how we are deploying it.

“The problem in Nigeria is that when people say let’s go and suffer, let’s go and sacrifice, they don’t see the results of their suffering and their sacrifice.”

 

The Cable

December 23, 2024

Investors on NGX gain over N1trn in 5 days

The Nigerian Exchange Limited (NGX) posted strong gains last week, with investors adding more than…
December 20, 2024

Atiku questions alleged hack of NBS website, says timing suspicious

Former Vice President Atiku Abubakar has raised concerns over the recent claim that the website…
December 22, 2024

How to know if your memory lapses are serious or not

The older I get, the more panicked I become when something slips my mind. Is…
December 21, 2024

‘Professional Back-Scratchers’ charge up to $130 per hour

The Scratcher Girls is an unconventional relaxation therapy studio that charges clients up to $130…
December 21, 2024

NAFDAC busts illegal rice repackaging operations in Nasarawa, Abuja

The National Agency for Food and Drug Administration and Control (NAFDAC) has cracked down on…
December 23, 2024

Here’s the latest as Israel-Hamas war enters Day 444

Israel's Netanyahu eyes Iran after triumphs over Hamas, Hezbollah, Syria 2025 will be a year…
December 20, 2024

OpenAI launches voice and text access to ChatGPT through new phone service

OpenAI has introduced a novel way to interact with its popular ChatGPT artificial intelligence system…
December 17, 2024

Ademola Lookman named 2024 CAF Men’s Player of the year. These players won in other…

Ademola Lookman, the Super Eagles winger, was crowned the 2024 CAF Men’s Player of the…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.