Peter Obi Challenges Tinubu To Explain ₦15.8trillion Fuel Subsidy Savings, $100billion Borrowings, Demands Accountability For Nigeria’s Spending
Peter Obi Challenges Tinubu To Explain ₦15.8trillion Fuel Subsidy Savings, $100billion Borrowings, Demands Accountability For Nigeria’s Spending
He urged Tinubu to extend his visits to the remaining 33 states of the federation, interact with ordinary Nigerians and, more importantly, account for the resources generated and borrowed by his administration.
The presidential candidate of the Nigeria Democratic Congress (NDC) for the 2027 general elections, Peter Obi, has challenged President Bola Tinubu to explain how his administration has spent the ₦15.8 trillion reportedly saved from fuel subsidy removal, more than $100 billion in borrowings, and increased government revenues, demanding accountability over the country’s worsening economic and security challenges.Shop African Art
Obi, in a statement issued on Saturday, November 7, 2026, titled “Good Day, Mr President: Nigerians Deserve Accountability,” criticised Tinubu over his frequent foreign trips, saying the President should use his visits to Nigerian states to explain what his government has achieved with the enormous public resources available to it.
The former Anambra State governor congratulated Tinubu on spending a night in Akwa Ibom State outside Lagos and Abuja, but questioned the President’s reported record of spending more than 260 days outside Nigeria since assuming office.
“Good day, Mr. President. I congratulate you on spending a night in one of Nigeria’s states outside Lagos and Abuja,” Obi said.
“I hope you enjoyed the warmth, hospitality, and delicious cuisine of Akwa Ibom, which I am sure is even better than those of the destinations where you have spent over 260 days outside Nigeria since coming into office.”
He urged Tinubu to extend his visits to the remaining 33 states of the federation, interact with ordinary Nigerians and, more importantly, account for the resources generated and borrowed by his administration.
“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 ₦15.8 trillion saved from the removal of fuel subsidy, the over $100 billion 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.
Obi demanded that the President provide measurable figures showing how many Nigerians had been lifted out of poverty under his administration, how many out-of-school children had returned to classrooms, and how many functional primary healthcare centres had been constructed.
He also questioned the government’s performance in electricity supply, recalling Tinubu’s earlier promise that Nigerians should not vote for him if he failed to fix the country’s persistent power crisis.
“Nigerians deserve to know how many were pulled out of poverty within this period, how many out-of-school children were returned to school, and how many functional primary healthcare centres you have built,” he said.
“They also deserve to know how much electricity supply has improved, especially given your promise that if you do not fix power, Nigerians should not vote for you.”
The NDC presidential candidate further criticised Tinubu’s administration’s handling of insecurity, noting that Nigeria remains among the countries most affected by terrorism despite the government’s repeated assurances.
Obi insisted that Nigerians deserved concrete explanations about how public resources entrusted to the government had translated into improved living conditions, better public services and greater security.
“Mr President, Nigerians deserve answers. They deserve to know what has been done with the resources entrusted to your government,” he added.
He said the Nigeria he hopes to build would be anchored on accountability, transparency and demonstrable improvements in citizens’ lives rather than government announcements and revenue figures.
“The New Nigeria we want to build will be based on accountability, transparency, and the physical, measurable impact of our public resources on the lives of citizens,” Obi stated.
