{"id":103078,"date":"2023-02-08T12:45:49","date_gmt":"2023-02-08T11:45:49","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=103078"},"modified":"2023-02-08T12:45:49","modified_gmt":"2023-02-08T11:45:49","slug":"obi-presidency-will-tackle-subsidy-scam-in-first-100-days-says-baba-ahmed","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/obi-presidency-will-tackle-subsidy-scam-in-first-100-days-says-baba-ahmed\/","title":{"rendered":"Obi Presidency Will Tackle \u2018Subsidy Scam\u2019 In First 100 Days, Says Baba-Ahmed"},"content":{"rendered":"<div dir=\"auto\">Peter Obi\u2019s presidency will tackle Nigeria\u2019s fuel subsidy regime in the first 100 days if elected and redeploy the funds to key areas.<\/p>\n<p>This was the Labour Party (LP)\u2019s vice presidential candidate Yusuf Baba-Ahmed\u2019s promise when he was featured on Channels Television\u2019s election show The 2023 Verdict.<\/p>\n<p>Despite being a major oil exporter, Nigeria imports the bulk of its petrol and a subsidy keeps the prices at the pump low for consumers. While popular with Nigerians, the subsidy is costly, with the price tag estimated at $9 billion last year.<\/p>\n<p>But Obi\u2019s running mate said their government will end it if elected later in the month though the current administration set a mid-2023 date to abolish it.<\/p>\n<p>\u201cIn the first 100 days, by the time we sort out the problem of the subsidy scam, and we are able to deploy Nigeria\u2019s wasted funds into education and healthcare, you would begin to feel it [the impact],\u201d he said Tuesday.<\/p>\n<p>The LP chieftain also promised that the Obi presidency will reduce the cost of governance and plow the money back into developmental projects.<\/p>\n<p>\u201cYou would see that the money that Nigeria has is delivering more \u2013 infrastructure, security, public service, health, education, and everything,\u201d he added.<\/p>\n<p>\u201cFrom day one, we are announcing that we are removing personal, political, and group interests from Nigerian financial affairs. That delivers more. That more than multiplies what is delivered to Nigerians.\u201d<\/p>\n<p>While several analysts said the LP does not command a huge following in northern Nigeria, he said the party is doing well in that region.<\/p>\n<p>\u201cWe have pulled a lot of weight beyond the comprehension of the two runners-up,\u201d he maintained.<\/p>\n<p>According to him, no party will inherit President Muhammadu Buhari\u2019s bloc votes going into the poll.<\/p>\n<p>\u201cThe northern Nigerian votes that were waiting to make up the difference which either of the two other runners-up was hoping to get, [it] turned out that they are not getting it,\u201d Obi\u2019s running mate said.<\/p>\n<p>\u201cThe heavy punchers \u2013 Kano, for example \u2013 is now a watershed of what its votes used to be. In 2015, the 1.9 million votes of Kano, nobody can aspire to have that which of course Buhari punched Jonathan with the final blow. Nobody is going to get that in Kano.\u201d<\/p>\n<div class=\"yj6qo\"><\/div>\n<div class=\"adL\"><\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Peter Obi\u2019s presidency will tackle Nigeria\u2019s fuel subsidy regime in the first 100 days if elected and redeploy the funds to key areas. This was the Labour Party (LP)\u2019s vice&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":103079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-103078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Obi Presidency Will Tackle \u2018Subsidy Scam\u2019 In First 100 Days, Says Baba-Ahmed - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/obi-presidency-will-tackle-subsidy-scam-in-first-100-days-says-baba-ahmed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Obi Presidency Will Tackle \u2018Subsidy Scam\u2019 In First 100 Days, Says Baba-Ahmed - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Peter Obi\u2019s presidency will tackle Nigeria\u2019s fuel subsidy regime in the first 100 days if elected and redeploy the funds to key areas. 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