Labour Party’s presidential candidate in the 2023 elections, Peter Obi, has urged the Federal Government to publicly disclose the assets and deficits inherited by the Bola Tinubu administration from the previous administration of ex-President Muhammadu Buhari.
In a series of posts on X (formerly known as Twitter) on Thursday, Obi, a former governor of Anambra State, said Nigerians deserve to know and that governance is about “transparency and strict accountability”.
This comes in response to National Security Adviser Nuhu Ribadu’s statement that the Tinubu government inherited a financially challenged nation from the Buhari government.
Also, Tinubu, on Monday in Mecca, Saudi Arabia, had said that his administration inherited serious liabilities but also assets from his predecessors.
In response, Peter Obi emphasized the need for officials in the Tinubu government to disclose the details of what they inherited, which supposedly led to the country’s purported “bankruptcy status.”
“One major characteristic of responsible governance is transparency and strict accountability.
This demands that the government disclose exactly the degree of deficit they inherited. What is inherited should be disclosed to enable the public to know where we are and where we are headed.”
Obi drew parallels with a similar claim made by the previous APC government in 2015 against the preceding administration.
“Rather, they took our debt profile from N12.6 Trillion in 2015 to N87 trillion in 2023 when they left office without improving on any indices of development: Education, Health, Poverty eradication, and Security.
“Instead, the condition of the nation on every development index got worse, leading to the present sad state. Nigerians know things are bad, and they experience it daily. What they now want to hear regularly are measurable and verifiable steps to improve the situation.
