By Milcah Tanimu
The presidential candidate of the Labour Party, Peter Obi, has criticized the Federal Government, accusing it of not giving adequate attention to economic management issues. Obi expressed his concerns in a statement via his official social media handle. He specifically criticized the recent National Assembly approval of President Bola Tinubu’s request for the securitization of the outstanding N7.3 trillion ways and means debt balance.
Obi described securitization as ‘illegal’ and pointed out that the former President Muhammadu Buhari’s administration also received Senate approval for N22.7 trillion in ways and means borrowing from the Central Bank of Nigeria (CBN) just 26 days before the end of the eight-year tenure.
He called for a focus on rational economic management beyond political considerations and partisan grandstanding, expressing concerns about the government’s attention to fundamental economic issues.
Leave a Reply