Obi Demands Tinubu's Resignation Over N8 Trillion Spending
Peter Obi, the former governor of Anambra State, has renewed his call for President Bola Tinubu to resign, citing an alleged N8 trillion in secret spending outside Nigeria's approved budget. This claim follows a recent disclosure from the International Monetary Fund (IMF), which indicated that public expenditure equivalent to two percent of Nigeria's GDP for 2025 was not captured in the country's budget.
Obi described this situation as "horrible," arguing that the amount exceeds one-third of the country's 2025 capital expenditure budget of N23.96 trillion and surpasses the combined allocations for the education and health sectors for the current fiscal year. He criticized the administration for failing to prioritize citizen welfare amid worsening poverty and infrastructure deficits.
Obi's statements were bolstered by the IMF's findings, which suggest a significant discrepancy in the government's financial management. He reiterated his demand for greater accountability from the government and urged Nigerians to legally demand transparency in fiscal management.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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