Nigeria Democratic Congress (NDC) presidential candidate Peter Obi has called on President Bola Tinubu to account for funds accumulated from petrol subsidy savings and external borrowings exceeding $100 billion. NigerianState Updates
In a statement posted on his official X handle on Saturday titled, “Good Day, Mr President: Nigerians Deserve Accountability,” Obi argued that the substantial financial inflows—bolstered by heightened tax revenues and government earnings—should yield tangible improvements in the daily lives of citizens. NigerianState Updates
The demand follows recent political sparring, coming a day after President Tinubu criticized Obi’s gubernatorial record concerning the Anambra State erosion crisis during a campaign stop in Akwa Ibom State.
Responding to the remarks, Obi encouraged the President to tour more of the federation’s 33 remaining states to engage directly with citizens and provide a transparent accounting of government expenditures.
“I sincerely hope this visit will inspire you to travel to the remaining 33 states of the federation, spend time with the people and, more importantly, explain what your administration has done with the N15.8tn saved from the removal of fuel subsidy, the over $100bn you have borrowed, the increased revenues accruing to the government from taxing Nigerians, and the additional government revenues which your administration celebrated last year as having surpassed its target,” Obi stated. NigerianState Updates
The former governor challenged the executive to present concrete statistical evidence detailing poverty reduction metrics, educational enrollment rates, and the construction of functional primary healthcare facilities.
Obi also questioned the administration’s performance on core infrastructure and public safety, pointing specifically to persistent power supply challenges—referencing the President’s past campaign pledges regarding the electricity sector—and ongoing security threats across the country.