Labour Party’s 2023 presidential candidate, Peter Obi, has strongly criticized President Bola Tinubu’s administration, accusing it of ineffective economic policies that have worsened Nigeria’s financial situation.
Speaking in an interview on *Arise News Prime Time*, Obi condemned the decision to float the naira without a corresponding increase in productivity, leading to a weakening currency, rising national debt, and escalating debt servicing costs.
“The current administration has been in power for almost two years, and look at the state of things,” Obi remarked. “This proves that significant change can happen within two years. If I were in office, Nigerians would have seen remarkable improvements in key areas.”
Obi emphasized that his administration would have tackled corruption aggressively, reduced the cost of governance, and prioritized investments in crucial sectors like education and healthcare.
He also criticized the high-interest rates under Tinubu’s leadership, arguing that they have stifled businesses and made it increasingly difficult for companies to thrive in Nigeria’s challenging economic landscape.
Beyond economic concerns, Obi accused the current government of suppressing opposition voices, claiming that Nigeria’s political environment is structured to limit dissent. He insisted that true leadership requires not just delegation but personal vision, energy, and competence.
“It’s not enough to have aides running around. The leader must possess the knowledge, energy, and capability to drive real change,” Obi asserted.
His remarks have further fueled debates on Nigeria’s economic trajectory under Tinubu’s administration, with many citizens eagerly watching how the government responds to these growing criticisms.
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