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NewsPeter Obi Describes Oil Subsidy In Nigeria As An Organized Crime

Peter Obi Describes Oil Subsidy In Nigeria As An Organized Crime

Labour Party Presidential Candidate Mr Peter Obi stormed a youth International Conference in Enugu Friday declaring oil subsidy in Nigeria as an organized crime.

The International Conference, “Shaping the future,” was organised by International award winner Noel Alumona of the Boys Champions, at the Base Event Center, Independent Layout, Enugu.

Obi who came towards the end of the programme caused an uproar as the excited crowd went into wild jubilation.

He declared that those stealing oil in Nigeria are people in government stressing that tankers are needed to convey the oil, just as Government approval is needed for oil to come into Nigeria or go out.

Obi described the controversial oil subsidy as an organized crime.

He compared Nigeria to Pakistan which he said has about the same population with Nigeria yet consumes less than 50 percent of the figures being quoted in Nigeria.

When I come in as President I will remove those drinking that excess oil and give them water.

He said; “The people I see here are the future of Nigeria, but nobody will build the country for you. You have to act like the CEO and decide who amongst the applicants will be employed in 2023. If you get it wrong, your future and that of the country is doomed.

“Today, everybody wants to go abroad. nobody stays where there is no hope. What drives the people’s future is hope.”

He noted that Nigeria is going through troubled times, “nobody is safe. We are not in control of your economy. Prices of goods and commodities continue to rise.”

All these he said are cumulative effects of bad governnace.

“Foreign debt has risen from $10bn to over $100 billion. We are in a mess. Unemployment has doubled, that goes with poverty.

“We know the problems, but how do we address it. We must elect a credible person. It’s not enough to make promises, we must verify all claims. No time for experiment. This is not the time to talk about party, but individual; competence.



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