Labour Party presidential candidate, Peter Obi, has said he would remove fuel subsidy if he’s elected as president.
Obi reiterated his stance on fuel subsidy regime when he featured on ‘The People’s Townhall’ on Channels Television alongside his running mate, Datti Baba-Ahmed, on Sunday.
Speaking on fuel subsidies which the present administration says would end on June 30th, the LP flagbearer described the payment of subsidies on fuel as “organised crime”.
“They have removed it. That’s what they’ve done. But I can assure you, it will go immediately. Subsidy – I’ve said it before – is organised crime and I will not allow it to stay a day longer,” he maintained.
“What they’re telling you is not what it is. Half of what is being mentioned is not 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.”