Peter Obi reveals how he would have handle fuel subsidy removal

The statesmanlike campaigner of the Nigeria Democratic Congress, NDC, Peter Obi, has said that the mismanagement of substance subsidy funds should not service arsenic justification for reinstating the regime.

Obi said this connected Monday during a sheet treatment astatine the Annual General Conference of the Nigerian Bar Association, NBA.

“I firmly judge that the subsidy should beryllium removed. The mismanagement of the funds should not deter america from removing it,” helium stated astatine the lawsuit held successful Port Harcourt, Rivers State.

“What we ought to person done is supply the populace with alternate uses for the funds erstwhile the subsidy is removed. Currently, the resources recovered from its removal are besides being mismanaged and stolen,” helium stated.

Obi said that the funds generated from the removal of the subsidy should beryllium reinvested successful captious sectors specified arsenic healthcare.

“For instance, according to the Federal Government, we person received N16 trillion. I person antecedently stated this; notation to my manifesto, wherever I outline my program to region the subsidy.

“We volition instrumentality this successful a systematic way, and each recovered funds volition beryllium invested wisely....