- Obi stated that the proceeds of fuel subsidy removal should have been invested in education and health which are the instrument needed to tackle biting and widespread poverty in the country
Presidential Candidate of Labour Party in the 2023 elections, Peter Obi, has said measures put in place by president Bola Tinubu to cushion the effect subsidy removal were haphazard and poorly thought out.
Obi asserted that the recent palliatives introduced by the Federal Government were product of “limited thinking,” of people in power.
While noting that the palliatives are temporary solutions, Obi stated that the proceeds of fuel subsidy removal should have been invested in education and health which are the instrument needed to tackle biting and widespread poverty in the country.
The former Anambra governor made is position known while appearing as a guest in an interview on Arise TV’s The Morning Show.
He also condemned the devaluation of the currency.
“If you look at what this country has been doing since inception, you could see announcements with limited thinking. Which again produces limited outcome. We need to find a way in an organised manner, to remove and show the proceeds or the gains of the removal to be invested in the critical development areas of education, health, and bringing people out of poverty,” Obi said.
“When you do it in that an organised manner, with proper palliatives that are well structured, you would have seen Nigerians going along with you.”