The Labour Party (LP) presidential candidate, Peter Obi, has promised that if elected in next month’s polls, he will see to it that the subsidy is removed as planned by the incumbent administration of President Muhammadu Buhari
Payment of fuel subsidies by the Federal Government is scheduled to end by June 30 this year.
“They have removed it. That’s what they’ve done,” he said during a live appearance on national TV, The People’s Townhall in Abuja on Sunday. “But I can assure you, it will go immediately. Subsidy – I’ve said it before – is organized 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 a subsidy. First is that we consume the quantity that is not supposed to be consumed here. We are the same population as Pakistan. They consume below 50 percent 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.”