Presidential candidate of the Labour Party, Peter Obi, has responded to President Bola Tinubu’s assertion that his administration inherited significant liabilities from the immediate predecessor, Muhammadu Buhari. Obi questioned the lack of details provided by Tinubu regarding the purported inherited liabilities, emphasizing the importance of transparency and accountability in responsible governance.<\/p>\n
In a statement issued on Thursday, Obi expressed the need for the government to disclose the specifics of the inherited deficit to the public. He stated, “One major characteristic of responsible governance is transparency and strict accountability. This demands that the government disclose exactly the degree of deficit they inherited.”<\/p>\n
Obi pointed out a similar claim made by the APC-led government in 2015 when it took over from the Peoples Democratic Party (PDP). He lamented that despite such claims, the Buhari administration not only failed to improve inherited conditions but also left the country with a heavier debt burden.<\/p>\n
Highlighting the lack of progress on development indices such as education, health, poverty eradication, and security, Obi criticized the administration for increasing the country’s debt profile from N12.6 trillion in 2015 to N87 trillion in 2023. He emphasized the worsening state of the nation on various development indices and called for measurable and verifiable steps to address the challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"
Presidential candidate of the Labour Party, Peter Obi, has responded to President Bola Tinubu’s assertion that his administration inherited significant liabilities from the immediate predecessor, Muhammadu Buhari. Obi questioned the lack of details provided by Tinubu regarding the purported inherited liabilities, emphasizing the importance of transparency and accountability in responsible governance. In a statement issued […]<\/p>\n","protected":false},"author":13,"featured_media":6497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172,186],"tags":[],"class_list":["post-6494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-politics"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/6494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=6494"}],"version-history":[{"count":4,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/6494\/revisions"}],"predecessor-version":[{"id":6507,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/6494\/revisions\/6507"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/6497"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=6494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=6494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=6494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}