Peter Obi Warns Against Reckless Borrowing, Urges Nigerian Accountants to Lead Fiscal Discipline

Former Anambra governor, Peter Obi, has raised concerns about Nigeria's reckless borrowing and wasteful spending, warning of the detrimental impact on the country's future. Obi, a presidential candidate for the Labour Party in the 2023 election, urged Nigerian accountants, especially women, to lead the fight against financial mismanagement.

Speaking at an event in Lagos, Obi emphasized the need to hold those in power accountable for unchecked borrowing and spending, which he believes jeopardizes the future of the younger generation. He highlighted the role of female professionals in ensuring fiscal discipline and urged the Society of Women Accountants in Nigeria to demand transparency in public finance.