Skip to content
November 11, 2025
  • 200 Dead As Boko Haram, ISWAP  Jihadist Groups Clash In Northeast Nigeria – Report
  •  Galatasaray President Reacts To  Lionel Messi Transfer Speculation
  • ISIS Dares Trump To Send In US Troops, Says  They’ll Not Stop Killing Christians In Nigeria
  • Three Students Die In Fatal Multi-Vehicle Auto-Crash In Ikorodu-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
  • 200 Dead As Boko Haram, ISWAP  Jihadist Groups Clash In Northeast Nigeria – Report

    11 hours ago11 hours ago
  •  Galatasaray President Reacts To  Lionel Messi Transfer Speculation

    14 hours ago
  • ISIS Dares Trump To Send In US Troops, Says  They’ll Not Stop Killing Christians In Nigeria

    14 hours ago
  • Three Students Die In Fatal Multi-Vehicle Auto-Crash In Ikorodu-Lagos

    14 hours ago
  • Reactions Trail Kano Islamic Movement Group Protest Against Trump’s Threat

    15 hours ago15 hours ago
  • Kano Under New Security Challenge As  Fleeing Bandits Invade Border Communities

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

Peter Obi Urges Tinubu To Give Account Subsidy Money

News Rangers1 year ago05 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 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

200 Dead As Boko Haram, ISWAP  Jihadist Groups Clash In Northeast Nigeria – Report

News Rangers11 hours ago11 hours ago 0

 Galatasaray President Reacts To  Lionel Messi Transfer Speculation

News Rangers14 hours ago 0

ISIS Dares Trump To Send In US Troops, Says  They’ll Not Stop Killing Christians In Nigeria

News Rangers14 hours ago 0

Three Students Die In Fatal Multi-Vehicle Auto-Crash In Ikorodu-Lagos

News Rangers14 hours ago 0

News Rangers TV

Entertainment

  • Bedridden Singer Daddy Fresh Appeals For Help Over Deteriorating Health And Financial Condition
  • Davido Reveals Reason Of  His Meeting With French President Macron
  • Few Days To 29th Wedding Anniversary Akon’s Wife Files For Divorce, Demands €100m
  • ‘Sound Of Music’ Actress Accuses Producer Of Raping Her At Age 15
  • Grammy Award Winning Song Writer Brett James, Two Others Die In Plane Crash

News Rangers TV

Interviews

  • Help! My Husband Still In Kidnappers’ Den After Three Months-Woman Cries Out
  • How I Stopped Corrupt Colleagues From Killing Traveler With Cash-Filled Bag – Retired DSP
  • Fuel Sufficiency: NNPCL Have Commenced Pipelines, Depots’ Rehabilitation-Soneye
  • Humanitarian Crises: Why Nigeria Needs Collective Response – UN Rep. 

Sports

  •  Galatasaray President Reacts To  Lionel Messi Transfer Speculation
  • Champions League: Osimhen’s Hat-Trick Power Galatasaray To 3-0 Triumph Over Ajax
  • UEFA Champions League: Liverpool Banned From Playing Real Madrid
  • Galatasaray Slams Massive €130m  Transfer Price Tag On Victor Osimhen