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Fuel subsidy a scam, Peter Obi, says he won’t spend $40bn as FG’s doing
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THE Presidential Candidate of the Labour Party, LP, Mr. Peter Obi has described the current fuel subsidy regime as a scam, saying he would offer an alternative, if elected.
Speaking yesterday during a live interview on Arise TV, the presidential candidate said petrol subsidy is not beneficial to the country’s economy, promising that he would not squander $40 billion on subsidy as currently being done by the All Progressives Congress, APC-led Federal Government.
Petrol subsidy payments gulped N1.27 trillion in the last five months, about 31 percent of the N4 trillion provision for the year. It eroded oil gains as Nigerian National Petroleum Company, NNPC, Limited failed to remit revenue to the federation account.
“We have spent over $40 billion on subsidy. Our total education expenditure in the past 10 years is about N8 trillion (about $20 billion on $400/$1). This is 50 percent of it,” Obi said.
“If we spent $20 billion on power, we would have been generating and distributing 20,000 megawatts of electricity today.
“It means subsidy alone would have solved a lot of issues in our education, health and power. If we have 20,000mw, we will be growing at more than 4 percent and add over $100 billion to our GDP.
“Within the same period, we have borrowed $90 billion, which we are servicing. With this, you could see total mismanagement of resources that could have changed the entire North… that vast land would have been huge farmland,” he said
On whether or not he would remove subsidy, Obi said: “We have to study and look at it critically. Yes and No, because I would remove it, but I have to offer them what would be equivalent to what we are removing.
“Yes, I am going to use the resources to do something that would benefit, but if I am not going to do that I am not going to remove it. You must be able to offer something in replacement for what you are going to do.
“I cannot spend $40 billion on subsidy and expend 50 percent of it on education and health even security. Are you saying [petrol] subsidy is more important than the security of lives and property?
“I have been saying subsidy is a scam, and I will continue to say it. There are so many scams all over the place, including the cost of governance.”
I prefer younger running mate, not old politicians
On his running mate, Obi said he prefers a younger and fresh politician.
According to him, a younger person who has “something to offer” to complement his ticket would be chosen instead of bringing “an old hand” who had been in government in the past.
The LP presidential candidate said although his running mate would be unveiled soon, he was yet to make a choice.
“We are talking to quite a number of people and Hakeem Baba-Ahmed is a capable hand. But I wish I can work with somebody who is younger.
“I prefer younger people who have a lot to offer rather than recycling old hands. I want a competent person and I am building a formidable team,” he said.
We’ll replicate my Anambra achievements on a larger scale
Asked when his manifesto would be released, Mr Obi said what he planned to do as president had been practiced during his time as governor of Anambra State, adding that he intends to replicate his achievements in Anambra on a large scale in Nigeria, if elected president.
“How can I hire professors to write or draft policy documents for me that I don’t even believe in? What I did in Anambra and what I achieved are what we will replicate on a larger scale. We want Nigeria to become the engine of production.
“I will assemble the type of people I had in Anambra State. I told them, from day one, if you agree with me in three meetings, you will go. I want those who can look into my face and say, Mr President, you are wrong,” the former governor added.
Vehicle drivers’ piloting Nigeria’s affairs
On Nigeria, Obi said Nigeria’s affairs were being piloted by ‘vehicle drivers’ instead of professional and certified pilots.
His words: “Nigerians have consistently hired vehicle drivers instead of qualified pilots to pilot Nigeria’s affairs. My commitment is to let our campaign dwell on challenges in the country. There are a lot of problems besieging this country.
“This country will soon default on its debt servicing. This is what should be preoccupying us now. Universities have shut down and we are talking about who we’ll vote for. Let’s deal with the issues.
2023 won’t be based on ‘my turn’, ethnicity, religion
“This election will not be based on ‘my turn’, ethnicity, and religion. It will be based on a Nigerian agenda to save this Nigeria. Nigeria is in a coma, and it needs a specialist, and that is why I’m offering to save its life or it will die. I’m appealing to people to vote to save Nigeria, and to save Nigeria is to hire the best.”
He added that primitive considerations by Nigerians during electoral cycles had led Nigeria to the current quagmire, adding that in 2023 Nigerians must elect a capable candidate to pilot the country’s affairs.
He said: “Nigeria is in a coma and needs an expert to save it. I am appealing to Nigerians to vote for me as the best man for the job and not because of primitive consideration. I don’t want Nigerians to vote for me because I am from the South or on a regional basis. I want Nigerians to vote for me based on competence and what I can offer.”
Vanguad
The Director of the Enugu State Fire and Rescue Service, Chief Okwudili Ohaa, has said the swift mobilisation of emergency resources by Governor Peter Mbah led to the rescue of five occupants trapped in a collapsed building in Enugu metropolis.
The uncompleted four-storey building, located along Ogbaru Street, by Alvan Ikokwu Street, Independence Layout, Enugu, collapsed in the early hours of Sunday.
Ohaa told newsmen on Sunday that all five occupants of the building, as confirmed by the security guard on duty, were successfully rescued.
Ohaa
He said four of the occupants were rescued alive and conscious, although they sustained injuries, while the fifth person was rescued unconscious.
Ohaa commended Governor Mbah for his swift mobilisation of emergency response agencies, including the Red Cross, Enugu State Emergency Management Agency (SEMA), Enugu State Ambulance Services, the police and the Nigeria Security and Civil Defence Corps (NSCDC).
Other agencies and organisations at the scene included the National Emergency Management Agency (NEMA), Enugu Capital Territory Development Agency (ECTDA) and a Chinese construction company, which provided four heavy-duty cranes.
According to Ohaa, the governor alerted him about the incident early Sunday morning, prompting the immediate mobilisation of officers of the Enugu State Fire and Rescue Service to the scene with extrication equipment.
“His Excellency, Dr Peter Ndubuisi Mbah, must be commended for also mobilising adequate rescue equipment such as heavy-duty cranes, bulldozers and excavators, which ensured the rescue of the five persons,” he said.
Ohaa explained that rescue officers initially relied on information from the security guard to determine how many people were trapped in the building.
“As rescue officers, what we did was to ask the security man how many people were here. He said there were supposed to be six. One person had left before it happened.
“So, we were able at that initial time to rescue four persons. Out of the four, two sustained minor injuries and they were all rushed to a health facility for proper checks,” he said.
The Chief Fire and Rescue Officer said the fifth person was eventually recovered unconscious and taken to a health facility by the Enugu State Ambulance Services.
The NEMA Information Officer in Enugu, Mr Nnanyelugo Ezeani, also confirmed that five people were rescued.
He said the situation could have been worse because the state government had earlier sealed the construction site.
“One person among the six residing in the collapsed building was not on the site at the time of the incident, while five others were rescued and taken to the hospital,” Ezeani said.
Speaking on the incident, the Executive Chairman of the Enugu Capital Territory Development Agency (ECTDA), Mr Uche Anya, described the developer as one of those who failed to comply with building regulations.
Anya said the ECTDA had earlier taken regulatory action by sealing the site, which was originally approved in 2021.
“This property was approved in 2021 before the advent of this administration. But usually, we have a habit of stocktaking and checking on every construction at every stage.
“When I personally led the team that inspected here, we found out that there were serious integrity issues and non-compliance with their 2021 approval.
“I personally issued the first ‘stop-work order,’ which, due to the violation, resulted in our sealing the place over the last six months outrightly.
“So, I think within the last 30 to 40 days, the representative of the owner, whom they say lives abroad, has been interfacing with us to remedy the situation. This is the process that we are still trying to interface on, and it came down.”
Anya added that he had handed the owner’s representative over to the police to assist with the investigation.
“This is really a very unfortunate situation,” he said.
A four-storey building under construction in Enugu has collapsed, killing at least one person and trapping several construction workers beneath the rubble.
The incident occurred on Sunday morning at the uncompleted structure, reportedly being developed as a hotel, causing panic among residents and passersby.
According to authorities, six workers were believed to have been sleeping inside the building when it collapsed. Four workers have so far been rescued, while the body of one victim has been recovered.
Authorities said one of the six workers reportedly left the site shortly before the collapse, raising hopes that fewer people may be trapped beneath the debris than initially feared.
The rescued workers were taken to the Enugu State Teaching Hospital for treatment.
Emergency responders, including the National Emergency Management Agency (NEMA), Nigerian Red Cross Society, Enugu State Emergency Management Agency (SEMA), Enugu State Capital Territory Development Authority and the police, are participating in the rescue operation.
The cause of the collapse has not yet been established, while rescue efforts continue at the scene.
The member representing Ikwo/Ezza South Federal Constituency in the House of Representatives, Chinedu Ogah, has called on the Economic and Financial Crimes Commission (EFCC) and other anti-graft agencies to investigate the financial activities and source of wealth of socialite and businessman, Paschal Okechukwu, popularly known as Cubana Chief Priest.
Ogah, who is Chairman of the House Committee on Reformatory Institutions, made the call on Thursday at a press conference in Abakaliki, Ebonyi State.
The lawmaker said the businessman’s financial dealings should be subjected to scrutiny regardless of his public profile.
“I am urging the EFCC to thoroughly investigate him, investigate his bank accounts, investigate all the things he does,” Ogah said.
He also accused Cubana Chief Priest of undermining President Bola Tinubu’s political fortunes in the South-East ahead of the 2027 general elections.
Ogah questioned the socialite’s claim to political influence in Ebonyi State and challenged him to make his membership card of the All Progressives Congress (APC) public.
The lawmaker further criticised recent comments attributed to Cubana Chief Priest on social media in which he reportedly called for the resignation of Ebonyi State Governor, Francis Nwifuru.
Ogah demanded that the comments be withdrawn and followed by an apology, warning that legal action could be taken if the businessman failed to comply.
“Who is Cubana Chief Priest? What is his address that gives him the impetus to speak against our governor, the most performing governor in Nigeria?” he asked.
According to Ogah, Cubana Chief Priest had no electoral mandate to speak on behalf of Ebonyi State or demand the resignation of its elected governor.
He also questioned the businessman’s political influence, noting that he had previously contested an election in Imo State but failed to secure the party’s primary ticket.
Ogah alleges plot against Nwifuru
The lawmaker further alleged that unnamed political actors were sponsoring campaigns aimed at discrediting the Nwifuru administration and weakening the APC ahead of the 2027 elections.
He defended the state’s security architecture, particularly the Commissioner of Police, Hope Okafor, against what he described as an orchestrated campaign for her removal.
Ogah urged the Nigeria Police Force, Department of State Services (DSS) and other relevant agencies to investigate those behind the alleged campaign and determine whether any law had been breached.
“All of us can attest to the peace and security we enjoy in Ebonyi State. The Army, the police, the Civil Defence and the DSS are doing marvellously well in Ebonyi State,” he said.
Lawmaker accuses Otu of mobilising protesters
Ogah also accused another critic of the state government, Charles Otu, of allegedly mobilising people from outside Ebonyi State to participate in a protest against the government in Abuja.
He claimed that some of those involved were presented as Ebonyians despite allegedly coming from other states.
Ogah said his lawyers had previously petitioned the DSS over allegations involving Otu and urged the agency to investigate the matter.
He also challenged Otu to substantiate allegations he allegedly made against him during an appearance on Arise Television.
“My own is that whosoever defaults the law, we take it legally. I cannot mention who I have not known. But when we get there, it is for the security agencies to investigate,” Ogah said.
Ogah lists Nwifuru’s achievements
Defending the Nwifuru administration, Ogah cited the state government’s scholarship programmes, school construction, road projects and other development initiatives as evidence of the governor’s performance.
He said hundreds of Ebonyi indigenes had benefited from postgraduate scholarships in Nigeria and abroad, while roads and schools were being constructed across the state’s 13 local government areas.
Ogah also praised Nwifuru for what he described as political tolerance, saying opposition parties had been allowed to operate freely in the state.
He argued that the people of Ebonyi should determine their political leadership through the ballot rather than through media campaigns and protests.
“Ebonyi people will choose who is their leader. They should stop using the media to castigate the governor,” he said.
Questions Nwifuru’s omission from Tinubu campaign council
The lawmaker also questioned the reported omission of Governor Nwifuru from President Tinubu’s campaign council, describing it as an error that should be corrected.
“How can a governor that has done much in APC not be included in the campaign council? How can a governor that is elected under the APC not be included?” Ogah queried.
He maintained that Nwifuru’s political influence and the APC’s electoral performance in Ebonyi made him an important stakeholder in Tinubu’s 2027 re-election campaign.
Ogah warned political actors against using the media to destabilise the state and urged all parties to pursue their grievances through legal and democratic channels.
The lawmaker, who is also the Ebonyi State Coordinator of the Tinubu Support Group (TSG), was accompanied by other members of the group at the press conference.
He reiterated his call for security agencies to investigate the various allegations raised and take appropriate action against anyone found to have violated the law.
The Federal Character Commission (FCC) has urged youths in Enugu State to disregard the belief that federal government jobs and other opportunities are already allocated before they are advertised.
FCC Executive Chairman, Hulayât Motunrayo Omidiran, gave the charge on Thursday at the International Conference Centre, Enugu, during the Peter Eze Enugu Youth Connect 2026.
Omidiran urged the youths to acquire relevant skills, embrace technology and actively pursue legitimate opportunities, stressing that federal character should promote both equity and merit.
She also warned against fraudulent recruitment schemes and advised applicants to authenticate employment opportunities before applying.
The Enugu State Deputy Governor, Ifeanyi Ossai, represented by the Secretary to the State Government, Prof. Chidiebere Onyia, challenged young people to prepare themselves for available opportunities.
Onyia said government could create opportunities, but individuals must develop the capacity to take advantage of them.
The FCC Commissioner representing Enugu State, Peter Ogbonna Eze, said the programme was designed to bridge the information gap preventing young people from accessing federal employment, scholarships, grants, fellowships and training opportunities.
Eze said many youths were discouraged from applying for federal jobs because of the misconception that such positions had already been shared among influential individuals.
He urged them to apply whenever legitimate opportunities were advertised, warning that nobody should pay money to secure a federal government job.
He also disclosed that five participants in the programme would be selected for a full scholarship opportunity.
Eze said the initiative would continue as a platform for connecting Enugu youths with credible opportunities and urged participants to become “ambassadors of opportunity” by sharing useful information with others.
The event brought together youths and stakeholders from across Enugu State to discuss federal representation, employment, education, skills development and other opportunities.
By Chinedu Sabastine
ENUGU — Umuchigbo Iji Nike Autonomous Community in Enugu East Local Government Area of Enugu State has fixed Sunday, September 13, 2026, for its annual New Yam Festival.
The cultural celebration, which is scheduled to commence at 3 p.m., is being organised under the leadership of the Executive Chairman of Umuchigbo, Hon. Chief Afam Joseph Ogbene, popularly known as Akirika Chioku 1, Na Nike Kingdom.
The festival is expected to showcase the rich cultural heritage and traditions of the people of Umuchigbo and Umuenwene in Iji Nike Autonomous Community, while promoting unity and communal bonding.
Ogbene, in an invitation to the festival, described the celebration as an opportunity for the people to preserve their cultural heritage, strengthen community ties and give thanks for the year’s harvest.
He said, “Our New Yam Festival is more than a cultural celebration. It is a time for us to come together as one people, appreciate our heritage and give thanks for the blessings of the year.”
According to him, the event will also provide an opportunity for sons and daughters of the community, as well as friends and well-wishers, to reconnect and celebrate together.
“We are inviting everyone to come and celebrate with us. It is a celebration of our culture, our community and thanksgiving for the new yam season,” he added.
According to the invitation, activities will commence at Ogbene’s residence on Akirika Chioku Avenue, Nome Ogba Aniji Road, Umuchigbo, before proceeding to Obodoeze Iji Village Square, Odangene, for the New Yam rites and masquerade display.
The event will also feature traditional cuisine, music and other forms of cultural entertainment.
The organisers urged sons and daughters of Umuchigbo, friends, well-wishers and members of the public to join the community in celebrating the festival.
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