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

April 19, 2025

Nigerian Stock market rebounds as capitalization rises by N240bn

The Nigerian Exchange Limited (NGX) bounced back on Thursday as market capitalization increased by N240…
April 17, 2025

Afenifere accuses Tinubu of ‘destructuring’ Nigeria, demands urgent reforms

Pan-Yoruba socio-political group, Afenifere, has criticized President Bola Tinubu’s administration, accusing it of dismantling the…
April 16, 2025

A strategy to get more done—and feel less stressed

For some people, the expression “You have as many hours in the day as Beyoncé”…
April 19, 2025

UFO: US Navy reports on mysterious aircraft launching from sea

A group of unidentified flying objects spotted by Navy sailors is raising eyebrows after witnesses…
April 19, 2025

Gunmen kill 17 in fresh attacks on Benue communities

Suspected armed militia launched deadly attacks on communities in Logo and Ukum Local Government Areas…
April 19, 2025

Here’s the latest as Israel-Hamas war enters Day 561

Israeli strikes hit dozens of targets in Gaza as ceasefire efforts stall Israeli airstrikes hit…
April 15, 2025

Is it finally safe to ditch your phone case? I put it to the test

Thomas Germain With smartphones tougher than ever, a new wave of phone minimalists say cases…
January 08, 2025

NFF appoints new Super Eagles head coach

The Nigeria Football Federation (NFF) has appointed Éric Sékou Chelle as the new Head Coach…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.