Bankruptcy Claim: Disclose Amount You Inherited From Buhari, Obi Tells FG

Labour Party (LP) Presidential Candidate, Peter Gregory Obi, addressing journalists at the Presidential Election Petition Court, June 6, 2023

Mr Peter Obi, the presidential candidate of the Labour Party has charged the federal government to reveal the actual amount inherited from the past administration of Mr Muhammadu Buhari.

The challenge is coming after the National Security Adviser (NSA), Nuhu Ribadu, on Monday, November 13, said the past administration bankrupted Nigeria.

The former anti-graft agency boss said President Tinubu’s administration inherited a “bankrupt country”.

But reacting to the statement, Obi in a series of tweets on his official X handle on Thursday, said the federal government should come clean and disclose what it inherited from Buhari’s government for transparency and accountability reasons.

Obi said, “One major characteristic of responsible governance is transparency and strict accountability. This demands that the government disclose exactly the degree of deficit they inherited. What is inherited should be disclosed to enable the public to know where we are and where we are headed.”

Obi said the previous APC government made a similar claim in 2015 against the previous administration.

“Rather, they took our debt profile from N12.6 Trillion in 2015 to N87 trillion in 2023 when they left office without improving on any indices of development: Education, Health, Poverty eradication, and Security.

“Instead, the condition of the nation on every development index got worse, leading to the present sad state. Nigerians know things are bad, and they experience it daily. What they now want to hear regularly are measurable and verifiable steps to improve the situation.