VAM News Update
THE presidential candidate of the Labour Party in the 2023 election, Peter Obi, has described fuel subsidy as an organised crime.
Obi, on Monday, said this while speaking on Arise TV ‘The Morning Show’ on what approach he would have taken differently in resolving the looming strike by the Nigeria Labour Congress and Trade Union Congress.
“Fuel subsidy is organised crime. I said it repeatedly that it should be removed. For me, the approach would have been, is to remove the corruption and criminal side of it and remove the excess demand.
“By doing this, you would have reduced it by 50 per cent. The remaining 50 per cent is what we would have been able to, after consultation with various stakeholders in order to find a way in an organised manner, remove and show the proceed of the gains of the removal to be invested in critical development areas.”
The former Anambra State governor added that he felt positive about Nigeria’s future.
Only one out of the 12 National Assembly candidates of the All Progressives Congress(APC) in…
THE Osun Amotekun Corps has arrested five suspects over alleged theft, conspiracy, shop burglary and…
THE Nigerian National Petroleum Company Limited, NNPCL, has increased its premium motor spirit, PMS, pump…
Five suspected members of a criminal gang allegedly involved in the abduction of 20 prospective…
President Bola Tinubu has approved lifetime salaries for retired Comptrollers-General and Deputy Comptrollers-General of the…
THE Independent National Electoral Commission (INEC) has assured Nigerians that critical electoral decisions, including voter…