The presidential flagbearer of the Labour Party, LP, Peter Obi, on Wednesday, condemned oil subsidy regime in Nigeria.
Obi has promised to remove subsidies, if elected President.
He said the subsidy regime has not been beneficial to the country’s economy.
While speaking on a television session, the former Governor of Anambra State said fuel subsidy is a scam.
According to Obi: “I will remove subsidy and look for something to replace it. The subsidy is a scam.
“It’s not going to be business as usual. You need to go back and read what one of my former aides wrote about how I used stinginess to cut the cost of governance.”