Peter Obi reveals what he will do to fuel subsidy beneficiaries

Presidential candidate of the Labour Party, Peter Obi, has revealed what he will do to beneficiaries of fuel subsidy if he becomes Nigeria’s president.

Nigeria will hold its presidential election on February 25.

Obi, who insisted that fuel subsidy removal is top on his list, described the ‘menace’ as an ‘organised crime’.

Speaking on Sunday at the People’s Town Hall 2023 organised by Channels Television, Obi said he would cut off fuel subsidy beneficiaries and put to rest the issue permanently.

“I can assure you, it (subsidy) will go immediately. Subsidy, I’ve said it before, is an organised 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 subsidy. First is that we consume the quantity that is not supposed to be consumed here. We are the same population with Pakistan. They consume below 50 per cent 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.”