Politics

Peter Obi slams Tinubu’s 30‑day fuel discount as short‑sighted and politically driven

Published on by Sentinel Digest Editorial

Peter Obi slams Tinubu’s 30‑day fuel discount as short‑sighted and politically driven
Peter Obi slams Tinubu’s 30‑day fuel discount as short‑sighted and politically driven

Presidential hopeful Peter Obi denounced President Bola Tinubu’s one‑month petrol price cut, calling it a reactive measure that fails to tackle Nigeria’s deepening economic woes and questioning its real intent ahead of future elections.

Presidential candidate [Peter Obi](https://en.wikipedia.org/wiki/Peter_Obi) of the Nigeria Democratic Congress (NDC) criticised the federal government’s 30‑day petrol discount announced by President [Bola Tinubu](https://en.wikipedia.org/wiki/Bola_Tinubu), describing the move as a short‑term political stunt that does not solve the country’s mounting economic hardships.

**What were the main points of Obi’s criticism?**

**Why does Obi consider the discount ineffective?**

Obi argued that a reduction of less than five percent on fuel costs would not meaningfully lower poverty, unemployment, insecurity or inequality, nor boost productivity and exports. He questioned whether the measure was a test for reinstating subsidies or a political maneuver ahead of the 2027 elections.

**What does Obi demand from the government?**

He urged the administration to publish detailed regulatory impact assessments for its policies, enabling stakeholder consultation and the design of more inclusive, sustainable economic strategies.

**Background of the policy**

The discount follows the removal of the long‑standing petrol subsidy in May 2023, a decision that sparked public outcry and was followed by a series of reforms—including the naira’s float and new tax measures—whose combined effect, according to Obi, has been a surge in inflation and a decline in living standards.

Obi concluded that the government has raised many questions about the discount without offering clear answers, leaving Nigerians to bear the brunt of a policy he deems poorly conceived and politically motivated.

Topics: #Bola Tinubu #Economic policy #Nigeria #Peter Obi #petrol subsidy

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