'Explain whereabouts of undeployed funds,' Obi tells Tinubu
Author: Henry UmoruPublished on: June 9, 2026Country: Nigeria
PoliticsBusiness & Economy

Peter Obi, the 2027 presidential candidate, criticized the Tinubu administration for excessive borrowing without accountability, raising Nigeria's total debt to about N200 trillion in three years. He revealed that out of N11.89 trillion borrowed in the first three quarters of 2025, only N3.10 trillion was allocated to capital expenditure, leaving a deficit of N14.48 trillion. Obi demanded urgent explanations for the undeployed funds.
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