Skip to content
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
Watch Online
  • Home
  • Breaking News
  • Tinubu got it wrong with ‘subsidy is gone’ statement – Peter Obi
  • Breaking News

Tinubu got it wrong with ‘subsidy is gone’ statement – Peter Obi

Admin June 6, 2023
Poverty

Peter Obi

Poverty
Peter Obi

Mr. Peter Obi, the Labour Party (LP) Presidential candidate in the last election, has faulted the abrupt manner that President Bola Tinubu removed fuel subsidy with an impromptu “subsidy is gone,” statement on inauguration day.

Obi said the announcement of subsidy removal without putting measures in place to cushion the hardship that comes with the action, amounted to putting the cart before the horse.

He spoke on Tuesday with a section of the media at the Presidential Election Petition Court (PEPC), in Abuja.

“There is a difference between removing your tooth by applying anesthesia which will ameliorate your pain than just pulling it out.

“I believe it (fuel subsidy) should be removed with conditions and that (conditions) must be applied. If I was involved, I would have shown empirical statistical data, how much we are going to save from it (subsidy), where we are going to apply it, the gains for the people.

“Just like I said during my campaign that I’m going to governor the people (Nigerians) by being open, showing them empirically verifiable facts on how the country can be better when they follow it”.

President Tinubu had on his inauguration day declared that subsidy is gone,” a rather off the cuff statement that set prices of petrol spiraling by over 150 percent.

That pronouncement has brough untold hardship on Nigerians.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Bola Tinubu Fuel Subsidy Labour party Peter Obi Presidential Election Petition Court

Post navigation

Previous Akpabio is next Senate President – Northern Leaders
Next INEC is frustrating us, withholding documents – Atiku’s lawyers cry out

Related Stories

Senate ​‌‌‌⁠‍‍⁠⁠‍‌​​​​‍‌‌‌​passes 2 amendment bills on raw materials, procurement Senate passes Finance Bill
  • Breaking News

Senate ​‌‌‌⁠‍‍⁠⁠‍‌​​​​‍‌‌‌​passes 2 amendment bills on raw materials, procurement

October 20, 2026
AfDB invests $750,000 to support women entrepreneurs in Nigeria Africa
  • Breaking News

AfDB invests $750,000 to support women entrepreneurs in Nigeria

October 16, 2026
NLNG Unveils 2026 Science Prize Winner: AI Breakthrough Cuts MRI Scan Times by 90%
  • Breaking News

NLNG Unveils 2026 Science Prize Winner: AI Breakthrough Cuts MRI Scan Times by 90%

October 13, 2026

You may have missed

Gov. Lawal appoints 282 SSAs to strengthen inclusive governance
  • metro

Gov. Lawal appoints 282 SSAs to strengthen inclusive governance

November 13, 2026
2027: Court Gives INEC 24-hour Ultimatum to Publish Adebutu as PDP’s Ogun Guber Candidate  FG vs ASUU
  • National News

2027: Court Gives INEC 24-hour Ultimatum to Publish Adebutu as PDP’s Ogun Guber Candidate 

November 13, 2026
Microsoft outage hits Outlook, Teams and Copilot worldwide Microsoft
  • International News

Microsoft outage hits Outlook, Teams and Copilot worldwide

November 13, 2026
Troops Rescue 22 Kidnap Victims, Recover 9,794 Litres of Stolen Crude in Nationwide Operations
  • National News

Troops Rescue 22 Kidnap Victims, Recover 9,794 Litres of Stolen Crude in Nationwide Operations

November 13, 2026
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
Copyright © All rights reserved. | DarkNews by AF themes.