Presidential Candidate Of Labor Party Accuses Government Of Oil Theft

The presidential candidate of the Labor Party, Peter Obi, says the government is behind oil theft in the country and subsidy is organized crime.

Obi, who was the guest speaker at the Private Sector Economic Forum of Lagos Chamber of Commerce and Industry LCCI, asserted that no one can steal oil except the government, advising that resources should be made available to ensure private-sector-led oil refining.

The presidential candidate who made the remarks while answering questions from panelists at the event also reacted to a question on the issue of cost of governance, stating that he has allergies to waste.

He insisted that there was a need for an overhaul of the security architecture in the country, proposing multi-level policing from the federal to the community security system.

The LCCI, which has organized the event for the past 16 years, said it was interested in the economic agenda of each of the candidates aspiring to take over the leadership mantle at the end of President Muhammadu Buhari’s administration.