Peter Obi Critiques Tinubu's Borrowing Practices

Peter Obi, the former president of the Labour Party, made a statement on Thursday criticizing President Bola Tinubu's administration for its borrowing practices. He argued that the country's borrowing lacks economic common sense and does not satisfy legal requirements.

Obi emphasized that borrowing should not be done recklessly without a clear path for repayment and productive investment. He lamented that the current administration's approach to borrowing is not aligned with the needs of the Nigerian people.

Obi likened the situation to a disease, stating that borrowing without proper management is akin to a "leprosy killer cancer." He called on the Tinubu administration to ensure that borrowing benefits the Nigerian populace rather than merely defending or justifying it.