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The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has asked President Bola Tinubu to explain how his administration has spent the money saved from petrol subsidy removal and the over $100bn it has borrowed.
Obi said Nigerians needed to see how the money had improved their lives, especially as the government had also recorded increased revenue from taxes and other sources.
He made the demand in a statement posted on his X handle on Saturday, titled, “Good Day, Mr President: Nigerians Deserve Accountability.”
The statement came a day after Tinubu criticised Obi at a campaign rally in Akwa Ibom State over the erosion crisis in Anambra State during his time as governor.
In his response, Obi urged the President to visit more states and speak directly with Nigerians about his administration’s performance.
He said Tinubu should explain what the government had done with the N15.8tn he cited as savings from subsidy removal, the over $100bn borrowed, and the additional revenue generated through taxes.
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“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 said.
The former Anambra governor said the money available to the government should reflect in better living conditions for Nigerians.
He challenged Tinubu to provide figures showing how many Nigerians had been lifted out of poverty, how many children had returned to school and how many functional primary healthcare centres had been built.
Obi also asked the President to explain whether electricity supply had improved, recalling Tinubu’s promise that Nigerians should not vote for him if he failed to fix the power sector.
On security, he questioned what the government had done to protect Nigerians, arguing that the country continued to face serious threats from terrorism.
“Mr President, Nigerians deserve answers. They deserve to know what has been done with the resources entrusted to your government,” he added.
