Subsidy: Peter Obi is IMF, World Bank’s mole in Nigeria, US-based Professor alleges
![](https://ngnewsflash.com/wp-content/uploads/2023/07/Peter-Obi-12123.png)
A Professor of Journalism and Emerging Media at Kennesaw State University, United States, Farooq Kperogi, has alleged that the candidate of the Labour Party in the February 25 presidential election, Peter Obi, is a mole for the International Monetary Fund (IMF) and World Bank on the issue of petrol subsidy removal.
Kperogi, in an opinion on Saturday, lamented that IMF-World Bank’s dream of ensuring removal of petrol subsidy, which will impoverish many Nigerians, is materializing through the help of some distinguished Nigerians.
“There is nowhere in the world where the destructive forces of , impoverished, illogical, and destructive. What matters is that it’s trendy because it has been repeated by IMF/World Bank-groomed opinion leaders in Nigeria…..
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“That was where people like Sanusi Lamido Sanusi, Peter Obi, religious leaders with mass appeal, the institutional mass media, and others came in. In the last eight years, they collectively launched studied, systematic, sustained, and single-minded demonization campaigns against “subsidies.” They were unchallenged because they were strategically stealthy and undetected.
“The result is that for the first time in Nigeria’s history, removal of fuel subsidies not only provoked no hostile response, it was actually met with enthusiastic approval from even people who would be deeply consumed by it. For the first time in Nigeria’s history, every presidential candidate, except Omoyele Sowore, bragged about removing fuel subsidies, and their audiences rejoiced and acclaimed them as visionary and brave. This is unprecedented mass hypnotism.”
On the Labour Party presidential candidate support for subsidy removal, Kperogi said :”Obi is an ideologue of the Washington Consensus, a mole of the IMF and the World Bank in Nigeria. He is pro-market and anti-people. As a governor, he “saved” money and starved people. He fired workers for demanding a living minimum wage, caused needless deaths in hospitals when he ignored a one-year-plus doctors’ strike, and so on.
Plus, on the campaign trail, he popularized a false, illogical dichotomy between “consumption” and “production” where he conceptualized “consumption” to mean the people (read: subsidies for ordinary folks) and production to mean the market (read: profits for domestic and multinational corporations). He was for production and not consumption. That’s a fraudulent World Bank/IMF duality. There won’t be production without consumption, as there won’t be consumption without production.
That was why the Western financial press supported him. Although Atiku Abubakar vowed to sell everything and take away subsidies, the World Bank didn’t trust his capacity to resist pressure, particularly because he is a northerner whose people would be the most hurt by the World Bank’s death pills.
They also thought Tinubu might be too populist to implement their agenda. Now they’re pleasantly surprised that he’s compliant to their prescriptions of death for the masses of our people. That’s why they’re praising him to the skies in their media. International praises are intoxicating for low-self-esteemed, legitimacy-challenged Third World leaders.
Tinubu thinks he needs the support of the World Bank, the IMF, and other racist Western financial institutions to shore up his legitimacy. He doesn’t understand that the most important legitimacy he can have is the happiness of the people he governs.
Of course, the labor movement is dead. Its partisan association with Peter Obi, the most right-wing, anti-labor presidential candidate Nigeria has ever had, has denuded it of the last vestige of credibility it had.
We now have full-blown SAP in new robes. The SAP that Nigerians rejected with their blood because it exterminated their people is now being embraced. There is even opposition to any sort of intervention to cushion the noxiousness of fuel subsidy removal. ”