The presidential candidate of the Labour Party, LP, Peter Obi, on Wednesday, frowned against the oil subsidy regime in Nigeria.

Obi said if elected President, he would remove subsidies because it’s not beneficial to the country’s economy.

Featuring on Arise TV, the former Anambra State governor described fuel subsidy as a scam.

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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.”