One week after President Bola Tinubu announced the removal of subsidy payment on Premium Motor Spirit also known as petrol, the presidential candidate of the Labour Party (LP) in the February 25, Peter Obi, on Tuesday broke his silence on the much-criticized move.
He said rather than go through a “forceful removal”, he would have provided “various relieving policies” to cushion the effect of subsidy removal.
Obi, a former Anambra State governor, spoke with judicial correspondents at the Court of Appeal, venue of the Presidential Election Petitions Tribunal on Tuesday.
“I’ve actually been in support of the removal of subsidies right from the President Goodluck Jonathan era, when I was a member of the Economic Management team,” he tweeted.
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.
