{"id":12148,"date":"2026-11-07T23:16:18","date_gmt":"2026-11-07T23:16:18","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/07\/obi-to-tinubu-account-for-n15-8tn-subsidy-savings-100bn-loans\/"},"modified":"2026-11-07T23:16:18","modified_gmt":"2026-11-07T23:16:18","slug":"obi-to-tinubu-account-for-n15-8tn-subsidy-savings-100bn-loans","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/07\/obi-to-tinubu-account-for-n15-8tn-subsidy-savings-100bn-loans\/","title":{"rendered":"Obi to Tinubu: Account for N15.8tn subsidy savings, $100bn loans"},"content":{"rendered":"

T<\/strong>he<\/strong> presidential candidate of the Nigeria Democratic Congress, Peter Obi, has challenged President Bola Tinubu to account for the N5.8tn reportedly saved from petrol subsidy removal and over $100bn borrowed by his administration, demanding evidence of improvements in Nigerians\u2019 living conditions.\n<\/p>\n

Obi asked the President to disclose how many Nigerians had been lifted out of poverty, how many out-of-school children had returned to classrooms and how many functional primary healthcare centres had been established since the administration assumed office.\n<\/p>\n

He also demanded figures showing improvements in electricity supply and explanations of what the government had done with increased tax revenues and other additional earnings.\n<\/p>\n

The former Anambra State governor made the demands in a statement posted on his X handle on Saturday, titled, \u201cGood Day, Mr President: Nigerians Deserve Accountability.\u201d<\/p>\n

His demand followed Tinubu\u2019s remarks at a campaign rally in Akwa Ibom State on Friday, where the President mocked the former Anambra State governor for allegedly \u201crunning away from the erosion crisis\u201d in the state during his tenure.<\/p>\n

Obi encourage the President to visit other parts of the country and engage directly with citizens on his administration\u2019s performance.\n<\/p>\n

The former governor said, \u201cI sincerely hope this visit will inspire you to travel to the remaining 33 states of the federation, spend time with the people and, more importantly, explain what your administration has done with the N15.8tn saved from the removal of fuel subsidy, the over $100bn you have borrowed, the increased revenues accruing to the government from taxing Nigerians, and the additional government revenues which your administration celebrated last year as having surpassed its target.\u201d<\/p>\n

He argued that the resources available to the government should translate into measurable improvements in the living conditions of Nigerians.\n<\/p>\n

Questioning the administration\u2019s performance in the power sector, Obi recalled Tinubu\u2019s earlier promise that Nigerians should not vote for him if he failed to fix electricity supply.\n<\/p>\n

\u201cNigerians deserve to know how many that were pulled out of poverty within this period, how many out-of-school children were returned to school, and how many functional primary healthcare centres you have built.\n<\/p>\n

\u201cThey also deserve an explanation of how much electricity supply has improved, especially given your promise that if you do not fix power, Nigerians should not vote for you,\u201d he said.\n<\/p>\n

On security, the NDC candidate asked Tinubu to explain what his government had done to secure the country, arguing that Nigeria remained among the countries facing severe terrorism threats.\n<\/p>\n

\u201cMr President, Nigerians deserve answers. They deserve to know what has been done with the resources entrusted to your government,\u201d he added.\n<\/p>\n

Source: <\/p>\n

Punch Newspapers – Latest News<\/div>\n","protected":false},"excerpt":{"rendered":"

The presidential candidate of the Nigeria Democratic Congress, Peter Obi, has challenged President Bola Tinubu to account for the N5.8tn reportedly saved from petrol subsidy removal and over $100bn borrowed… <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-12148","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/12148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=12148"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/12148\/revisions"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=12148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=12148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=12148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}