APC Criticizes Peter Obi's Borrowing Critique, Defends Strategic Policies

The Lagos State chapter of the All Progressives Congress (APC) has criticized Peter Obi, the Labour Party presidential candidate, for his remarks on the Federal Government's borrowing practices. APC spokesperson Seye Oladejo defended the government's borrowing as strategic, contrasting it with Obi's criticism.

Oladejo accused Obi of lacking moral authority to challenge President Bola Tinubu's policies, citing Obi's own governance record in Anambra State. The APC emphasized that borrowing for infrastructure and development is a global norm, countering Obi's claims of recklessness.

The statement highlights the ongoing political discourse surrounding economic policies and governance strategies in Nigeria's political landscape.