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.

“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 said.

Obi added that poverty in the North was not worsened by the removal of the fuel subsidy, saying there were other factors responsible. He also said the removal of subsidy was not responsible for insecurity in the region.

“The poverty in the North was not worsened by the removal of the fuel subsidy. There are other factors. That is not what is causing insecurity,” he added.

DAILY POST reports that Peter Obi, at the Nigerian Bar Association, NBA, conference last month, disagreed with the presidential candidate of the African Democratic Congress, Atiku Abubakar, over the removal of fuel subsidy.

Atiku had proposed the return of the fuel subsidy.