'Proof of imprudent governance' - Peter Obi blasts Tinubu Govt's over excessive borrowing

Author: Matthew AtungwuPublished on: June 9, 2026Country: Nigeria
PoliticsBusiness & Economy
'Proof of imprudent governance' - Peter Obi blasts Tinubu Govt's over excessive borrowing

Presidential candidate Peter Obi has blasted the Tinubu administration for excessive borrowing, raising Nigeria's total debt to approximately N200 trillion, an increase of over N100 trillion in three years. Obi contrasted this with the N49 trillion accumulated under Buhari in eight years. He called it proof of imprudent governance and criticized the lack of accountability in fund utilization, demanding explanations for the borrowed money's use.

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