Peter Obi, the Labour Party’s nominee for president in the 2023 election, has called gasoline subsidies an organized crime.
This was expressed by Obi on Monday when discussing how he would have handled the impending strike by the Nigeria Labour Congress and Trade Union Congress on Arise TV’s “The Morning Show.”
Fuel subsidy is a form of organized crime. I emphasized this numerous times: get rid of it. In my opinion, the best course of action would have been to eliminate both the excessive demand and the corrupt and criminal aspects of the situation.
This would have cut it in half, according to you. In order to identify a mechanism to remove the remaining 50% in an organized manner and demonstrate that the proceeds from the removal would be invested in important development areas, we would have needed to interact with numerous parties.