The 2027 presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has called for clarification over President Bola Tinubu’s three-year administration, raising concerns about the government’s borrowing practices.
Obi, in a statement issued by the spokesman of the Peter Obi Media Office (POMR), Ibrahim Umar, said his review of the All Progressives Congress (APC)-led federal government’s debt profile, from the administration of Muhammadu Buhari to the present, revealed what he described as “stark impropriety.”
According to him, Nigeria’s total debt has risen significantly under President Tinubu, reaching about N200 trillion.
“This represents an increase of over N100 trillion within a mere three years, a stark contrast to the roughly N49 trillion accumulated during President Muhammadu Buhari’s eight-year tenure, which would have been projected to around N80 trillion,” Obi said.
He expressed concern over what he described as unsustainable borrowing and a lack of transparency in how the funds were
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