Tinubu has kept his “campaign promises” I will give him pass mark Peter Obi

Peter Obi, the 2023 presidential candidate of the Labour Party (LP), has expressed deep concerns over the ongoing economic crisis in Nigeria.

In a recent interview on Arise TV, Obi highlighted the significant economic challenges facing the nation and criticized President Bola Tinubu for following through on his campaign promises, which he claims have exacerbated the situation.

During the interview, Obi pointed out that President Tinubu had consistently promised during his campaign to continue the policies of his predecessor, Muhammadu Buhari. Obi gave Tinubu an “excellent pass mark” for keeping this promise but lamented the negative impact of these policies on the Nigerian economy.

“President Tinubu has kept to his campaign promises. Throughout the campaigns, he consistently maintained that he will continue from where Buhari stopped, and he has done very well,” Obi remarked. “Dollar was N460, it is now N1500. Fuel was N238, it is now about N700. Diesel was N844, it is now N1415. A bag of rice was 40 to 35 thousand, it is now about 80,000. A bag of beans was similar, it is now about 90,000. Garri was 27-28, it is now 49 to 50,000. A tuber of yam was about 2700 to 3000, now it is about 10,000.”

Obi further illustrated the economic decline with more examples: “Tomato basket was about 40,000, now it is about 150,000. Electricity was N66 per kilowatt, now it is about N200. Even bread, which is subsidized in other countries like Egypt, has doubled in price. Small bread was N450, now it is N900. The big one that was N900 is now N1500.”

He continued by stating, “Everything has headed south. Adherence to the rule of law has worsened. Nepotism is at its highest.”

Peter Obi’s critique sheds light on the growing economic difficulties faced by everyday Nigerians and raises questions about the effectiveness of the current administration’s policies.

As the country navigates these challenging times, his comments underscore the urgent need for policy reevaluation and reform.