Former governor of Anambra State and the presidential candidate of the Labour Party, Peter Obi, has bared his mind on the recent palliatives introduced by the Federal Government.
Obi while speaking in an interview on Arise TV’s The Morning Show on Monday, said the idea of sharing palliatives is a result of “limited thinking,” noting that they are temporary solutions.
“If you look at what this country has been doing since inception, you could see announcements with limited thinking. Which again produces limited outcome” he said.
On the possibility of working with the current government of President Tinubu, Obi said:
“We are at the point where we are challenging the process and that has to come to a logical end before any other thing. Even being in the opposition is part of building the government.”
Obi reiterated his position on fuel subsidy, saying it is an organised crime.
“My approach would be to remove the corruption and criminal side of it.”
On the naira volatility Obi advised:
“What you should have done is devalue the currency while trying to manage the supply by making sure you deal with issues that control the exchange rate, which is the reserve. And what controls your reserve is your export. Especially, oil and other minerals. Encourage (export of) those things and then deal with issues of foreign exchange while trying to manage what you have.”
