NewStats: 3,264,979 , 8,185,261 topics. Date: Friday, 13 June 2025 at 03:14 AM h4t73

Peter Obi, presidential candidate of the Labour Party in 2023, has accused President Bola Tinubu of abandoning Nigeria’s economic issues.

In a tweet on Tuesday, Obi knocked Tinubu’s economic management style adding that the recent National Assembly’s approval of president request for the securitisation of outstanding N7.3 trillion ‘Ways and Means’ debt balance was a violation of the CBN act.

Ways and Means is a loan facility through which the Central Bank of Nigeria (CBN) provides short-term financing to cover the government’s budget shortfalls.

“This is the time when we need to go beyond politics and partisan grandstanding to address the fundamental issues of rational economic management. I am afraid that the current istration is not paying sufficient attention to issues of rational economic management,” Obi said.

“In seven years, CBN lending to the Buhari government had climbed 2700% in flagrant violation of the CBN Act.

“Indifferent to the illegality of the excessive ways and means borrowing, the national assembly still approved the new Tinubu istration’s request for an N7.3 trn securitization of the existing ways and means facility just before considering the 2024 budget proposals.

“No questions asked. No explanations were sought as to the precise purpose of these borrowings all within the seven-month tenure of this government.

https://dailypostngr.com/2024/01/nigerians-are-in-the-dark-peter-obi-reacts-to-tinubus-excessive-borrowings/

If we borrow and invest the money wisely to improve lives and also generate revenues, that would be great! But the problem is that we've been hearing and reading on the news that the borrowed fund that are allocated to different Government Agencies / Ministries are being diverted into personal bank s. That's really sad!

Politics apart, what is really happening.

This is just the beginning😂

In saner climes, even this their fake messiah would have died in prison for diverting state's fund into family business but this is Nigeria where you become a saint as soon you leave the corridors of power especially if you are able to run on tribal and religion sentiments.

https://saharareporters.com/2019/01/30/peter-obi-questioned-why-he-invested-30m-state-funds-company-where-his-family-owns-shares

Very unfortunate

Alot is going wrongly, but politics won't let them say it

Very funny

Ok

Fire 🔥 on, the people's President! ♥

Odogwuzack:
In a saner climes, even this their fake messiah would have died in prison for diverting state's fund into personal business but this is Nigeria where you become a saint as soon you leave the corridors of power especially if you are able to run on tribal and religion sentiments.

🤦‍♂️

Lol

This is one of the reasons that the CBN Governor was removed from office.

With the way this guy talks, you wouldn’t believe the supposed messiah has nothing extraordinary In his credentials despite having his time in Anambra.


Nursing Nigerians with talks
Yahoo man

Nigeria jaga jaga...

Idris Abdulkareem is a prophet

Odogwuzack:
In a saner climes, even this their fake messiah would have died in prison for diverting state's fund into personal business but this is Nigeria where you become a saint as soon you leave the corridors of power especially if you are able to run on tribal and religion sentiments.

Do you guys have any other propaganda aside this one?

The economy is bleeding and you think your problem is Peter Obi

Well spoken. Peter Obi is another force that we really need to put the pussyfooting govt of the day on its toes.

Hate him or like, those in power dread him.

Carry on Sir. Nigeria needs you more than ever

Buhari is receiving Knocks for 21 trillion ways and means borrowings in 8 years.

Asiwaju has already done 7 trillion in 7 months and someone is still wondering why we have galloping inflation?

This one sha wan be in the news till 2027 thinki n g he will go again
If you wan be an objective critics, you laud the good works of the opposition too

Unfortunately, many would go beyond the message to either attack or defend personalities involved as it soothes them. I have learned that until we as Nigerians are willing to learn and ask right questions from the leaders, one can only watch and pity ourselves.

Buhari started it, and Tinubu only continued the bad legacy his predecessor started

This is terrible

.

RECTEM:


Peter obi is still the best Man to drive Nigeria to prosperity

Hit like if you agree

Peter obi is just a conductor,He can't even drive Anambra to greatness talkless of driving Nigeria.

Sir obi, don't you know? Nigerian economy is about to sink and unfortunately the president and his cabals/cabinet are not aware