Peter Obi criticizes the Tinubu administration for implementing four national budgets simultaneously, calling it fiscal irresponsibility. He urges a return to transparent budgeting to prioritize Nigerians' needs.
Peter Obi, the Labour Party presidential candidate, has publicly criticized the Tinubu administration for simultaneously implementing four national budgets, calling it a blatant disregard for fiscal responsibility, transparency, and accountability. In a series of tweets, Obi highlighted the chaos and confusion that such a practice could bring, arguing that it exacerbates the suffering of the Nigerian people by forcing frivolous budget items to compete with essential projects for limited resources. He described the action as indicative of leaders being out of touch with reality and lacking the competence to manage the nation's finances effectively.
Obi further stressed that this fiscal recklessness is a betrayal of democratic principles, as leaders are elected to manage public resources responsibly. He called for an immediate reversal of this situation in favor of a more responsible and transparent budgeting approach. According to Obi, prioritizing the needs of the Nigerian people over the selfish interests of a few is crucial to avoid driving the country into further economic chaos. He urged both the National Assembly and the executive to stop condoning such behavior and emphasized the need for leaders who are frugal and responsible in handling public resources.
The reactions from the public were mixed, with many supporting Obi’s stance and praising his leadership, while others criticized him, questioning his transparency and past actions. Some expressed their frustrations with the current administration, highlighting the need for accountability and responsible governance. Obi's statements have sparked a significant conversation about fiscal management and the urgent need for reforms in Nigeria's budgeting processes.