In a recent interview on AriseNews, Peter Obi expressed concerns over President Bola Ahmed Tinubu’s economic management, citing the significant increase in the value of the dollar during his tenure. Obi noted that the dollar value has risen from 300 to 400 naira to 1,500 naira, which he implied is a negative development.
Obi also stated that President Tinubu is delivering on his promise to continue from where former President Buhari left off.
Obi in his statement is suggesting his view of Tinubu’s economic policies as a continuation of the previous administration’s policies, which he seems to criticize.
Obi’s criticism of the Federal Government’s economic management is not new.
He has previously accused the government of neglecting economic management issues
Ekwutosblog recalls when he called out the Federal Government, accusing it of not giving adequate attention to economic management issues. Obi expressed his concerns in a statement via his official social media handle.
He specifically criticized the recent National Assembly approval of President Bola Tinubu’s request for the securitization of the outstanding N7.3 trillion ways and means debt balance.
Obi described securitization as ‘illegal’ and pointed out that the former President Muhammadu Buhari’s administration also received Senate approval for N22.7 trillion in ways and means borrowing from the Central Bank of Nigeria (CBN) just 26 days before the end of the eight-year tenure.
He called for a focus on rational economic management beyond political considerations and partisan grandstanding, expressing concerns about the government’s attention to fundamental economic issues.
