Obi said implementation of the different reforms had contributed to rising prices, business closures, unemployment, and declining living standards. He also criticised the federal government's 30-day petrol discount, stating that the initiative covers less than four per cent of the filling stations nationwide and offered inadequate relief to Nigerians struggling with high living costs.
Obi, in a statement, maintained that the government should focus on policies capable of reducing the cost of living rather than introducing short-term measures that would expire without resolving the underlying problems.
Follow us on WhatsApp | LinkedIn for the latest headlines The former governor of Anambra State also reiterated his position that fuel subsidy should be restored alongside support for agriculture, healthcare, education, and infrastructure.
He said such interventions should operate under a transparent and accountable framework to ensure that public resources benefitted Nigerians rather than being diverted through corruption.
Obi promised to provide a more detailed policy roadmap on what he described as fair, transparent and affordable petroleum pricing. He stated that Nigeria needed leadership focused on reducing the cost of living through sustainable policies and accountable administration.