2027: I’ll moderate fuel price — Peter Obi makes fresh petrol subsidy promise
Peter Obi, the presidential candidate of the Nigeria Democratic Congress, NDC, said he would moderate the fuel pump price if elected President in 2027. He made the pledge during an interview with Arise TV on Thursday. Peter Obi said his administration would remove corruption from the fuel subsidy system to ensure that petrol prices came down. […] 2027: I’ll moderate fuel price — Peter Obi makes…
In a recent interview on Arise TV, Peter Obi, the presidential candidate of the Nigeria Democratic Congress (NDC), announced his intention to regulate fuel pump prices if he were elected President in 2027. During the conversation, Obi pledged to eradicate corruption from the fuel subsidy system, asserting that the removal of the subsidy would lead to a decrease in petrol prices across Nigeria.
"We’ll moderate fuel prices all over Nigeria. We will remove corruption from the subsidy. When I remove it, petrol and everything else will go down. We are buying fuel at a high cost," he stated.
Obi further clarified that the issue of poverty in the Northern part of the country was not a result of the fuel subsidy removal, attributing it to other factors. He also dismissed the notion that the subsidy's removal was a contributing factor to insecurity in the region. While Obi's remarks contrast with those of Atiku Abubakar, the presidential candidate of the African Democratic Congress (ADC), who had previously advocated for the re-introduction of the fuel subsidy, this announcement marks a significant stance by Obi on the crucial issue of fuel price moderation.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.