August 24, 2026
By Henry Umoru
Presidential candidate of the Nigeria Democratic Congress, NDC ahead of the January 16 election, Peter Obi, has thrown his weight behind the removal of petrol subsidy, but was quick to say that poor management of the savings from the policy should not be a reason to reverse it.
The former Anambra State Governor said that subsidy removal was necessary, stressing that the Federal Government failed to put proper measures in place to protect Nigerians from the immediate effects of the policy.
Obi said, “I subscribe and I maintain that we need to remove subsidy. Mismanagement of the proceeds should not be the reason for not removing it.”
