₦airaland Forum

A heated political debate has erupted over claims by former presidential candidate Peter Obi regarding Nigeria’s mounting debt under President Bola Tinubu’s administration.

The controversy, ignited by Obi’s assertion that Tinubu borrowed more than his predecessors—Yar’Adua, Jonathan, and Buhari—combined.

This has drawn sharp rebuttals, with the Debt Management Office (DMO) data at the center of the storm.


On July 7, 2025, a post on X by President Tinubu’s aide, Daniel Bwala, Obi’s claim is a “blatant distortion.” Bwala cited DMO figures, stating, “Naira debt rose from ₦87tn (2023) to ₦149tn (Q1 2025) due to devaluation, while USD debt fell from $113bn to $97bn—a net repayment.” He accused Obi of “classic misinformation for political points, preying on uninformed followers,” and directed readers to grok.com for further analysis.

The claim has sparked a broader discussion on Nigeria’s debt dynamics. A Punch newspaper analysis supports the currency impact, noting,

[b]“Naira devaluation raised Nigeria’s external debt by about ₦30.03tn between 2023 and June 2024,” despite a $258.18m USD reduction. This is said to align with the World Bank’s International Debt Report, which highlighted a 30% surge in interest payments to $406bn for developing nations, driven by high global rates.

“Multilateral institutions have become the last lifeline for poor economies struggling to balance debt payments with spending on health, education, and other key development priorities,” said World Bank Chief Economist Indermit Gill, as reported by Punch.

See the screenshot of his post below:

Hehehe 😂🤣 are tilumbu's dense aids using twitter AI to attack obi now ? 🤡

TimeManager:
A heated political debate has erupted over claims by former presidential candidate Peter Obi regarding Nigeria’s mounting debt under President Bola Tinubu’s administration.

The controversy, ignited by Obi’s assertion that Tinubu borrowed more than his predecessors—Yar’Adua, Jonathan, and Buhari—combined.

This has drawn sharp rebuttals, with the Debt Management Office (DMO) data at the center of the storm.


On July 7, 2025, a post on X by President Tinubu’s aide, Daniel Bwala, Obi’s claim is a “blatant distortion.” Bwala cited DMO figures, stating, “Naira debt rose from ₦87tn (2023) to ₦149tn (Q1 2025) due to devaluation, while USD debt fell from $113bn to $97bn—a net repayment.” He accused Obi of “classic misinformation for political points, preying on uninformed followers,” and directed readers to grok.com for further analysis.

The claim has sparked a broader discussion on Nigeria’s debt dynamics. A Punch newspaper analysis supports the currency impact, noting,

[b]“Naira devaluation raised Nigeria’s external debt by about ₦30.03tn between 2023 and June 2024,” despite a $258.18m USD reduction. This is said to align with the World Bank’s International Debt Report, which highlighted a 30% surge in interest payments to $406bn for developing nations, driven by high global rates.

“Multilateral institutions have become the last lifeline for poor economies struggling to balance debt payments with spending on health, education, and other key development priorities,” said World Bank Chief Economist Indermit Gill, as reported by Punch.

See the screenshot of his post below:

Nigerians are patiently waiting, as they have been waiting for the past 10 years for the time APC will attack poverty, unemployment, erratic power supply, hunger and insecurity the same way they attack Peter Obi everyday

He said, Ladies and Gentlemen, I present to you the Commander -in - Chief of misinformation, disinformation and falsehood.

Lol. Tinubu's Government is a potpourri of class, elegance, intelligence and sarcasm.

-Kiss the truth!

SeeWahala:
Hehehe 😂🤣 are tilumbu's dense aids using twitter AI to attack obi now ? 🤡

DMO is also AI, Statisense is also AI ?. Tell Mr Lamba to stop embarrassing himself every other day, the embarrassment is getting too much.

Goofing upon goofing by Peter Obi yet his supporters are yet to see anything wrong with him not to talk of correcting him.

To err is human, if you truly want someone to succeed, then you should be advising them when necessary

Please the oga at the top should shut up .Obi is correct

OBI is now more popular than the president, Tinubu bulaba

This APC ehn... Never seen a set of demented kakistocratic people in Nigeria's history.

Papa OSELOKA yaff sufa.Drag here/there.
Make OBI too STOP his LIES/LYING haba

It shows Peter Obi knows way way more about money than tinubu that says he is the president. Tinubu is like a man who entered a business he doesn’t know anything about , groping about blindly in financial darkness and in the process have removed food from table and security from more than 200m people and doesn’t care. Obi would have ran Nigeria like a profitable business and catapulted the nation into unprecedented prosperity within two years. He knows the problem and profers the solutions. Our belief in those practical solutions he profers made us become OBIdients

Even Grok, twitters AI, was laughing at Peter obi's cluelessness. Abeg give us a worthy competitor in Atiku.

Crooks who thinks they are smart but kept on exposing their foolish innate lying traits.

Peter Obi dey collect wotowoto up and down since 2023

Apcshit:
Please the oga at the top should shut up .Obi is correct

If you go school or go through school, you should be able to at least make a personal research using many tools available on the Internet and get yourself schooled.

Whether Ona like am or not! E no get who no get haters for this life! Some pipo just pour hatred for no reason and they don’t last long on earth…

Obi is a pathological liar, hence we are not surprised.
The Agulu con is a known Lamba king.

Metronomy:
If you go school or go through school, you should be able to at least make a personal research using many tools available on the Internet and get yourself schooled.

Na by school? Bobo Chicago wey go school allegedly ,wetin be the result ? Abeg Siddon jor

Slytiger:
Even Grok, twitters AI, was laughing at Peter obi's cluelessness. Abeg give us a worthy competitor in Atiku.

And it took tinubu more than 20 years and 3 governors after him to finish lite rail.

From the response to this post we the problem of Nigerians.

See details in the article below ;

https://www.nairaland.com/8462339/nigerias-public-debt-hits-149.39#135923604

10k data boys well done !

Tinubu aide that doesn't know his 4ss from his gullet....all they do is regurgitate dumb sh#t

Is your salary the way it was in 2023? Be sincere pls

rinzaugustine:
It shows Peter Obi knows way way more about money than tinubu that says he is the president. Tinubu is like a man who entered a business he doesn’t know anything about , groping about blindly in financial darkness and in the process have removed food from table and security from more than 200m people and doesn’t care. Obi would have ran Nigeria like a profitable business and catapulted the nation into unprecedented prosperity within two years. He knows the problem and profers the solutions. Our belief in those practical solutions he profers made us become OBIdients

TimeManager:
A heated political debate has erupted over claims by former presidential candidate Peter Obi regarding Nigeria’s mounting debt under President Bola Tinubu’s administration.

The controversy, ignited by Obi’s assertion that Tinubu borrowed more than his predecessors—Yar’Adua, Jonathan, and Buhari—combined.

This has drawn sharp rebuttals, with the Debt Management Office (DMO) data at the center of the storm.


On July 7, 2025, a post on X by President Tinubu’s aide, Daniel Bwala, Obi’s claim is a “blatant distortion.” Bwala cited DMO figures, stating, “Naira debt rose from ₦87tn (2023) to ₦149tn (Q1 2025) due to devaluation, while USD debt fell from $113bn to $97bn—a net repayment.” He accused Obi of “classic misinformation for political points, preying on uninformed followers,” and directed readers to grok.com for further analysis.

The claim has sparked a broader discussion on Nigeria’s debt dynamics. A Punch newspaper analysis supports the currency impact, noting,

[b]“Naira devaluation raised Nigeria’s external debt by about ₦30.03tn between 2023 and June 2024,” despite a $258.18m USD reduction. This is said to align with the World Bank’s International Debt Report, which highlighted a 30% surge in interest payments to $406bn for developing nations, driven by high global rates.

“Multilateral institutions have become the last lifeline for poor economies struggling to balance debt payments with spending on health, education, and other key development priorities,” said World Bank Chief Economist Indermit Gill, as reported by Punch.

See the screenshot of his post below:

Paid mouthpiece must always defend the source of income

The Propaganda Machine has manipulated AI with wrong query to get vague and manipulative answers.

This link from Nairametrics has Q1 2025 reports as detailed by the DMO and indeed the debt profile of the Federal Government increased with $3B as at 31st March, 2025.

https://nairametrics.com/2025/06/28/nigerias-public-debt-hits-n149-39-trillion-in-q1-2025-dmo/

Peter Obi was super- correct. !!!

In a country where an ex drug trafficking baron and certificate forger is a truthful person while who says the truth is painted dark by paid propagandists.

Make una kwontinue.

Metronomy:
If you go school or go through school, you should be able to at least make a personal research using many tools available on the Internet and get yourself schooled.

Maybe Peter Obi needs to break it down to folks like you to meet your intellectual level.

Tinubu has borrowed N62T that is more than The past 3 governments.

Now, I know you'll go ahead and say "it's because of devaluation"

Who devalued the Naira? Judas Iscariot?

Ijoba85:
Is your salary the way it was in 2023? Be sincere pls

It isn't.

33k of 2019 is worth more than 77k of today.

The intrinsic value of money has dropped. What we're seeing is just face value - numbers. Ordinary numbers.

We'll keep on saying this till it sinks to your heads.

Obi Obi Obi every minute and you want to tell me APC minions aren't deathly afraid of this man?

"The Best democracy that fraud can buy"-Sam Amadi.

A summary of the Tinubu administration