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If I Win, Subsidy Will ‘Go’ Immediately- Peter Obi

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The presidential candidate of the Labour Party (LP), Peter Obi, has described the Nigerian government’s controversial subsidy regime as “an organised crime.”

Mr Obi, who lamented the controversies surrounding the subsidy during a town hall meeting organised by Channels Television on Sunday, where he also said he would not allow it to stay any longer, should he be elected as Nigeria’s president in the next election.

The Nigerian government has, for decades, subsidised fuel and fixed retail prices of petroleum products.

In November 2021, the federal government announced its plan to remove the fuel subsidy and replace it with a monthly N5,000 transport grant for poor Nigerians. But the government later suspended the plan after the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) threatened to embark on mass protests.

Speaking on Sunday, Mr Obi said: “I can assure you, it (subsidy) will go immediately. The subsidy, I have said before, is an organised crime and I will not allow it to stay a day longer.

“What they are telling you is not what it is. Half of what is being mentioned is not subsidy. First is that we consume the quantity that is not supposed to be consumed here,” he said.

According to Mr Obi, the money spent on petrol subsidy should be channelled into social development.

“Look at this year’s budget. Education, which is the highest since this government came, is about N2 trillion. Health, which is the highest since this government came, is about N1.5 trillion. Then infrastructure, which is roads and everything, is about N1 trillion.

“These three critical development areas are receiving N4.5 trillion. Subsidy is N3.6 trillion half year. So, if it’s a full year, it is about N7 trillion. Which country will invest more in subsidy than education, health and even roads? It doesn’t make sense,” he said.

The former governor of Anambra State said Nigeria has the same population as Pakistan.

“They (Pakistan) consume below 50 per cent of what we consume. So, the first half, I will remove it so we can save the money,” he said.

Politics

2027: Okpebholo Banks On Edo, Delta States To Swing Tinubu’s Reelection

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With permutations for 2027 elections already play high on the cards of Nigerian politicians, Edo State Governor, Senator Monday Okpebholo is banking on Edo and Delta States to team up and swing victory for President Bola Ahmed Tinubu’s re-election.

Biztellers reports that his calculation is informed by the massive defection of notable politicians into the ruling All Progressives Congress (APC) in both States.

Gov Okpebholo made the assertion while welcoming the Chairman of the Niger Delta Development Commission (NDDC), Chiedu Ebie, who led the members of the Unity Group to join the APC.

Notable among other party stalwarts at the occasion were the National Chairman of the APC, Abdullahi Ganduje and the party’s South-South leaders.

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According to Okpebholo “just like Edo, Delta is ready to witness practical governance under APC.”

Beaming with joy, Gov Okpebholo added, “It is our turn to shine in the South South. It is now your turn in Delta. It is happening here, as it happened in Edo State. President Bola Ahmed Tinubu is doing very well for the nation. He is repairing the foundation of the country for better prosperity. Because of that, in Edo State, we have started. We said 2027 is already possible. It is also possible here in Delta. I am here to welcome my brother, Chiedu Ebie.

“Chiedu is an intelligent young man who knows when to move. It is time for Delta to move, and it is starting here with Ika people.”

Receiving the decampees, Alh Ganduje, described the Delta Unity Group as great fighters of democracy, who have provided a strong vehicle that will lead APC to the Delta State Government House in 2027.

According to the APC national Chairman, “we have the three Senators now. We have members of the House of Representatives and State Assembly members, and over 60 percent of the followers of PDP have now joined the APC. We are assured of taking over this State come next election.

“We are not surprised because of the timber and caliber of politicians you have in Delta State in the APC. What we require now is unity. Unity of purpose and unity to win election. So we can provide quality governance to the people of Delta State.

“Very soon, we will organize a stakeholders meeting for all those major stakeholders because they are all good people. They are all wise people. They are all intelligent people, and they are all democrats. So, all of them will be convened for unity, like the Delta Unity Group.”

On his part, the Chairman of the NDDC Governing Board, Ebie, noted that their conviction to join the party was borne out of the love for good governance and party inclusiveness which the President Bola Ahmed Tinubu has demonstrated.

Earlier, while at the Palace of the Dein of Agbor, Dr Benjamin Ikenchukwu, the Keagborekuzi the first, called on President Bola Ahmed Tinubu to ensure peace and security across the country for the needed development in the country.

Present at the rally were Senator representing Delta North, Ned Nwoko; Chairman House Committee on NDDC, Hon. Teke Ibori-Swenu; former Deputy Senate President, Omo Agege, among other party big wigs.

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Okpebholo Excites Edo Workers With Welfare Package

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Edo State Governor, Senator Monday Okpebholo has assured that his administration would do everything within its powers to take care of Edo State civil servants and make them happy.

He made the pledge on Friday when he received Executives of Nigerian Labour Congress (NLC), Edo State Chapter, led by its Acting State Chairman, Comrade Bernard Egwekhide.

Egwekhide said they were in Government House to congratulate the Governor on his recent victory at the governorship election tribunal that affirmed his victory in the September 21, 2024 governorship election.

On his part, the Governor said whatever Edo State workers are enjoying in the state is the responsibility of his administration to do because it is worker friendly.

ALSO READ: Uromi Killings: FG, Edo State Set Up Fact-Finding Committee

Okpebholo said, “Whatever we are doing, which is favouring Edo workers, is done because it is our responsibility as a government. Edo people voted for us to work for them, and that is what we are doing to ensure life is made better for our people, including the workers.

“We embrace transparency in all what we do as a government to enable the people to trust us as we are not afraid of criticism. Positive criticism will put us on our toes to work harder for Edo people.

“The renewed hope agenda of the president has given us room and platform to perform and serve Edo people better as we embark on practical governance.

“We are doing everything in the State to ensure peace, unity, growth, and development. That is why we ensure smooth collaboration amongst the three tires of government. In all we do in the State, we ensure the three Senatorial zones are carried along.”

The NLC acting chairman, Egwekhide, commended the Governor for his developmental strides and the friendly environment created for Edo State workers to operate.

He said the visit was necessary as the body had come to congratulate the Governor for his deserved victory at the election petition tribunal in Abuja.

According to him, “Workers in Edo State are proud of you for the developmental strides in the State. You have created a friendly relationship between your administration and Edo workers as you have always taken steps to favour Edo State workers.

“Without asking, workers received their 13th month. You raised the subvention of Ambrose Ali University (AAU) from N41 to N500 million. You regularized casual workers in Edo State. You increased what is due pensioners monthly from N50 million to N1 billion naira for both local and State pensioners.”

He noted that a committee has been set up to look into the compulsory pension scheme, which has become a burden on retired civil servants, adding that the report will be submitted to him for his action.

“We thank the governor for several employments given to our people in the very short time in office,” he added.

In a related development, Gov Monday Okpebholo also received the new branch controller, Central Bank of Nigeria (CBN), Edo State, Apanke Utande who was on a courtesy visit to Government House, where the Governor urged him to collaborate with his administration to improve the lives of Edo people.

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‘Tinubu’s 2027 Re-election A Done Deal, Says Ex-lawmaker

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Sir Jude Idimogu, a former two-term member of the Lagos State House of Assembly, has strongly stated that there will be “no vacancy” in Aso Rock come 2027, reaffirming his commitment to the re-election of President Bola Tinubu.

Idimogu, who served as the representative of Oshodi-Isolo Constituency II from 2015 to 2023, shared his views during an interview with the News Agency of Nigeria (NAN) on Friday in Lagos.

His comments followed the recent declaration from an opposition group promising to defeat the ruling All Progressives Congress (APC) in the 2027 elections.

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A steadfast member of the APC and deputy leader of the Ndigbo socio-cultural group in Lagos, Idimogu dismissed the opposition’s chances of defeating President Tinubu in 2027, asserting that no coalition of opposition leaders could pose a significant challenge to the president’s second-term aspirations.

“The ruling party has strong leadership and unwavering grassroots support that will carry us through to victory in 2027,” Idimogu stated, branding the opposition’s efforts as “futile.”

He further noted that power rotation between the North and South made it clear that it was the South’s turn to complete its eight years in office.

“There is no vacancy in Aso Rock come 2027, and I am appealing to all Northerners in the APC to support the president in completing his eight years,” he added.

In his assessment of the current administration’s progress, Idimogu lauded President Tinubu’s Renewed Hope agenda, citing positive developments such as better power supply, the strengthening of the naira against the dollar, and the implementation of policies that have helped reduce food prices and boost agricultural output.

“With the restoration of the naira-for-crude deal and the export drive, we are seeing tangible results. I don’t see any opposition candidate who can present a policy better than what Tinubu’s administration is already doing,” he explained.

Looking ahead to 2027, Idimogu expressed his firm belief that he would be among those advocating for President Tinubu’s re-election, given the progress already made under his leadership.

Idimogu concluded by urging the opposition coalition to reconsider its stance, suggesting that they join forces with the president for the greater good of the nation.

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