June 10, 2026

Peter Obi

Former Labour Party presidential candidate, Peter Obi, has called on the Federal Government to provide a detailed explanation of how public revenues and borrowed funds have been utilised, amid what he described as worsening economic hardship across the country.

Obi, in a statement posted on his Facebook page on Wednesday, questioned the management of Nigeria’s finances under the administration of President Bola Ahmed Tinubu, despite what he acknowledged as a significant increase in government revenue.

According to him, the President, while marking the third anniversary of his administration, listed among his achievements an increase in government revenue from N16.8 trillion in 2022 to N35 trillion in 2025.