Skip to content
Saturday, October 3, 2026
Peter Obi Condemns Arrest Of Obidient Movement Members In Akwa Ibom
Tinubu Urges Nigerians To Shun  Those Promising Subsidy Return
Nine Miners Die In Flooded Bauchi Mining Pit
Maritime Journalist Jerome Ushakang Missing In Lagos

NEWS RANGERS

NEWS BY THE HOUR

Newsletter
Random News
  • Home
    • About Us
    • Contact
  • National
  • State
  • International
  • Sports
  • Features
    • Business
    • NASRDA
  • Entertainment
  • Health
  • Interview
Peter Obi Condemns Arrest Of Obidient Movement Members In Akwa Ibom
Tinubu Urges Nigerians To Shun  Those Promising Subsidy Return
Nine Miners Die In Flooded Bauchi Mining Pit
Maritime Journalist Jerome Ushakang Missing In Lagos

NEWS RANGERS

NEWS BY THE HOUR

Newsletter
Random News
  • Home
    • About Us
    • Contact
  • National
  • State
  • International
  • Sports
  • Features
    • Business
    • NASRDA
  • Entertainment
  • Health
  • Interview
Headlines

Peter Obi Condemns Arrest Of Obidient Movement Members In Akwa Ibom

12 hours ago

Tinubu Urges Nigerians To Shun  Those Promising Subsidy Return

13 hours ago

Nine Miners Die In Flooded Bauchi Mining Pit

13 hours ago

Maritime Journalist Jerome Ushakang Missing In Lagos

15 hours ago

Is Peter Obi A Saint?

16 hours ago

National Hospital Abuja Commends Renaissance Energy  For Transforming Cancer Care

16 hours ago

Fidelity Bank Strengthens Food Security Drive With Distribution Of 2,500 Food Packs In Edo

16 hours ago

Xenophobia: Three More Nigerians Killed In South Africa As Toll Rises To twelve In 2026

17 hours ago

Dietician-Nutritionists Warn Against Boiling Unpeeled Eggs, Rice Together

17 hours ago

Somali Pirates Kill Five Crew Members Oil Tanker Before Rescue

17 hours ago
  • Home
  • National
  • Peter Obi Urges Tinubu To Give Account Subsidy Money
  • National

Peter Obi Urges Tinubu To Give Account Subsidy Money

News Rangers2 years ago03 mins

LAGOS SEPTEMBER 11TH (NEWSRANGERS)-President Bola Tinubu must be able to explain to Nigerians in clear terms the areas he is applying the money generated from the removal of the subsidy on Premium Motor Spirit (PMS), otherwise known as petrol, to justify his asking Nigerians to sacrifice more.

These was the argument of Peter Obi, presidential candidate of the Labour Party (LP), in the February 25, 2023 election, as he weighed in on the ongoing dust raised by the recent increase of the pump price of the commodity from N617 to N890 by the Nigerian National Petroleum Company Limited (NNPC).

Obi, former Governor of Anambra State, told News Central Television that since the President announced the removal of subsidy during his inaugural address, on May 29, 2023, there had been a lot of opaqueness surrounding the proceeds of the policy, adding that this must not be allowed to continue.

It was also at a point the LP leader, also spoke on Nigeria’s democracy with respect to advancing it to meet the expectation of the people adding that there was actually the need to adjust the current presidential system by introducing some shades of parliamentary elements in it to make it more wholesome.

His words: “We need more transparency and when you talk about transparency in figures, you show it, you demonstrate it. One plus one is two. It is not something you say, it’s just two because of. Tell us how you arrived at it and we’ll believe. When we talk about subsidy, I’ve continuously said, if we’re removing subsidy, what are we replacing it with? Where are we applying that subsidy we removed to?

“So, if you say to me, that I’ve removed subsidy, I’m going to use it to build this number of classrooms, to be able to pull out of school children into schools, so we can verify and follow and track those schools – we have issues in health, primary healthcare, especially the issue of infant mortality – removal of subsidy, will enable us to build this number of primary healthcare in this number of places, so that we can measure it.

“You don’t remove something without talking about where it is replaced and where we are moving our money to. Or that it is helping us to manage our debts. But, here we have fuel subsidy has been removed, the debt is increasing, and we’re not seeing anything.

Obi, who insisted that Nigerian leaders must embrace the full tenets of democracy, advocated for an infusion of parliamentary system in the mode of the government structure to be able to derive optimal gains based on accountability, openness and responsibility to the people.

His added: “We have to continue our journey on democracy. It is the government of the people by the people and for the people. However, we have to tweak it where we have some level of parliamentary system in it like it is in South Africa.

MetroWatch

For media advert placement, events coverage, media consultancy, placement of publications, events coverage and further inquiries  please WhatsApp 2348023773039 or email: labakevwe@yahoo.com

 

 

 

facebookShare on Facebook
TwitterPost on X
FollowFollow us
PinterestSave

Related Post

Apapa Refutes Report Of Urging Tribunal To Withdra...
Why I  Dumped  ADC – Peter Obi
Peter Obi :Why We Decided To Build Permanent Orien...
Peter Obi Frowns At Manner Of VeryDarkMan’s Arrest...

Related Posts

  • Peter Obi Knocks  INEC For Defending Bola Tinubu

    LAGOS APRIL 27TH (NEWSRANGERS)-The Presidential candidate of Labour Party, Peter Obi has accused INEC of…

  • Subsidy: Nigeria Financing Government Inefficiency — Peter Obi

    LAGOS OCTOBER 15TH (NEWSRANGERS)-Vice Presidential Candidate of the Peoples Democratic Party (PDP), Mr. Peter Obi,…

  • Peter Obi Replies  Okupe’s Statement On Tinubu Better Than Him, Atiku

    LAGOS JUNE 16TH (NEWSRANGERS)-Peter Obi, the Labour Party candidate in the 2023 presidential election, has…

Tagged: Account Bola Tinubu Oil Peter Obi Subsidy money

Post navigation

Previous: DSS Releases Seized Passport, Mobile Phones Of NLC President Joe Ajaero
Next: Super Eagles Coach Eguavoen Rubbishes Report Of Resignation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Peter Obi Condemns Arrest Of Obidient Movement Members In Akwa Ibom

News Rangers12 hours ago 0

Tinubu Urges Nigerians To Shun  Those Promising Subsidy Return

News Rangers13 hours ago 0

Nine Miners Die In Flooded Bauchi Mining Pit

News Rangers13 hours ago 0

Maritime Journalist Jerome Ushakang Missing In Lagos

News Rangers15 hours ago 0

News Rangers TV

Entertainment

  • ‘America’s Got Talent’ Season 21 Crowns New Winner On NBC
  • Celine Dion Kicks Off  Her First Major Series Since 2022 In Paris With ‘Tears’…Despite ‘Promising Herself No To Cry’
  • Jury Convicts Duane “Keffe D” Davis For 1996 Murder Of Rap Icon Tupac Shakur
  • Lionel Richie Halts Concert Performance,  Hospitalized In ICU After Complaining Of Dizziness
  • Lagos: Two Dead As Machete, Knife Wielding Man Storms IMAX Cinema In Lekki

News Rangers TV

Interviews

  • UNGA:President Tinubu Won’t Be Arrested, But Will Be Embarrassed-Von Batten-Montague
  • Panic As Over 200 Cameroonian Troops Enter Nigerian Border Community
  • Kaduna-Based Journalist Recounts How His Dogs Save Him From Bandits Attack
  • Lagos Trader Recounts  How  His Ailing Brother Admitted To Hospital Vanished Without Trace

Sports

  • Zinedine Zidane Creates  History In His First Match As France Manager
  • CAF Qualifiers Commence With 2025 Champions Still Undecided
  • Migrant Crisis: Mbappe, Vinicius Jr  Refuse To Display Support For Ceuta
  • Real Madrid Star Pleads Guilty To Drink Driving