Skip to content
March 30, 2026
  • Bandits Kill 13, Abduct Scores In Kaduna Wedding Ceremony
  • Alma Maters Honour NIMASA Boss With An  Award  Of  Recognition
  • NDLEA Dismantles Lagos Drug Syndicate, Uncovers 233 Wraps Of Cocaine Buried In Fish Heads
  • Peter Obi Joins El-Rufai’s Family, Friends At The Funeral His Mother

NEWS RANGERS

NEWS BY THE HOUR

Newsletter
Random News
  • Home
    • About Us
    • Contact
  • National
  • State
  • International
  • Sports
  • Features
    • Business
    • NASRDA
  • Entertainment
  • Health
  • Interview
Headlines
  • Bandits Kill 13, Abduct Scores In Kaduna Wedding Ceremony

    5 hours ago
  • Alma Maters Honour NIMASA Boss With An  Award  Of  Recognition

    5 hours ago
  • NDLEA Dismantles Lagos Drug Syndicate, Uncovers 233 Wraps Of Cocaine Buried In Fish Heads

    6 hours ago
  • Peter Obi Joins El-Rufai’s Family, Friends At The Funeral His Mother

    8 hours ago
  • Azu Ishiekwene’s Naughty Essay On Peter Obi

    8 hours ago
  • My Decision To Join APC, Yielding Positive Results – Oborevwori

    9 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 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

Bandits Kill 13, Abduct Scores In Kaduna Wedding Ceremony

News Rangers5 hours ago 0
Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr Dayo Mobereola (left) with the National President, St. Patrick’s Grammar School, Ibadan during the school’s 64th Founders’ Day celebration held in Ibadan.

Alma Maters Honour NIMASA Boss With An  Award  Of  Recognition

News Rangers5 hours ago 0

Peter Obi Joins El-Rufai’s Family, Friends At The Funeral His Mother

News Rangers8 hours ago 0

Azu Ishiekwene’s Naughty Essay On Peter Obi

News Rangers8 hours ago 0

News Rangers TV

Entertainment

  • Rising Rap Artist Kills Himself  In Front Of Manager After Car Crash-Police
  • Grammy Nominee Akon Arrested Over Suspended License In Georgia, Released On Bail
  • 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

News Rangers TV

Interviews

  • Lagos Trader Recounts  How  His Ailing Brother Admitted To Hospital Vanished Without Trace
  • 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

Sports

  • Robbers Storm Nigeria Int’l Iwobi’s  London Home, Cart Away Valuables Including £200,000 In Cash
  • Man Slams Osimhen Purchase Of Luxury Property Instead Of Investment
  • Galatasaray Coach  Issues Update On Osimhen Injury
  • Man United   Plots To Reignite Wilfred Ndidi Move For Replacement Of  Casemiro