₦airaland Forum

On Monday, February 10, 2025, and several times afterwards, Mr. Peter Obi praised the Indonesian economy as a model for Nigeria and severely criticised His Excellency, President Bola Tinubu's handling of the Nigerian economy.

Since that time, and as reported by several financial and economic publications, including the Financial Times and the Spectator Index, the Indonesian Rupiah has depreciated heavily against the US Dollar, losing almost 20% of its value, and going from Rp 16,173 to $1 in February of 2025, to Rp 18,063 to $1 today, Tuesday, June 9, 2026.

Additionally, the Indonesian Rupiah was officially rated as Asia's "worst performing major currency" by Bloomberg, after it sank to a record low, forcing the Indonesian Central Bank to raise interest rates by 25 basis points to stop the free fall of its currency.

Furthermore, Indonesia has experienced a quarter-on-quarter GDP contraction of -0.77% in the first quarter of 2026.

In contrast, the Nigerian economy under His Excellency, Bola Ahmed Tinubu, GCFR, President and Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria, has experienced twelve uninterrupted cycles of GDP growth and trade surpluses.

Added to this is the fact that the Nigerian Naira, which traded against the US Dollar at ₦1,565 to $1 on Monday, February 10, 2025, when Peter Obi criticised Nigeria and praised Indonesia, has increased in value by 12.1% and now averages ₦1,365 today.

The Naira was also listed by FXTM as the second-best-performing currency in Africa for the first quarter of 2026, trailing only the Zambian kwacha.

Meanwhile, the International Monetary Fund listed Nigeria as the sixth-largest contributor to global GDP growth in 2025.

This is even as Anna Bjerde, the World Bank's Managing Director of Operations, said that "Nigeria is now frequently cited globally as an example of steady, credible reform leadership."

This comes as Nigeria's economy has grown by $67 billion in two years, rising from a GDP of ₦269.29 trillion on May 29, 2023, when Asiwaju became President, to ₦372.8 trillion after the economy was rebased last year.

So, my question to Mr. Peter Obi is this: Sir, do you still insist that Nigeria emulate the Indonesian economy?

This is not an attack on the Republic of Indonesia, a great and proud nation, with which the Federal Republic of Nigeria enjoys an excellent relationship. The purpose of this is simply to inform Nigerians of the true state of their economy vis-à-vis what was said by Mr Peter Obi, a Presidential candidate in Nigeria, so that they can make a factual and honest assessment of Nigeria's economic well-being.

Reno Omokri

Ambassador Designate to Mexico

It remains Bangladesh and Venezuela....chochocho oni

Obi honestly is just enjoying the herd mentality...he lacks depth!

Obi thread agaaaaaain?

💃🏽💃🏽💃🏽💃🏽💃🏽💃🏽💃🏽



https://www.youtube.com/watch?v=TCwj_XGb5bA?si=qA2PSCHDhbF0xd0-

Tinubu is a FAILURE!😀

Obi has never failed.
Tinubu failed in EVERYTHING in his life.🤮


https://www.youtube.com/watch?v=EAjkcFfIDa0?si=2jLdyT5JQDCX61CW

LordIsaac:
Obi honestly is just enjoying the herd mentality...he lacks depth!

But you and your god Tinubu doesn't even have depth. It is all void, corruption and incompetence.

Have a nice century.

chatinent:
But you and your god Tinubu doesn't even have depth. It is all void, corruption and incompetence.

Have a nice century.

Your only problem is Igbo Presidency, I understand. But a spade must be called spade.

KanwuliaExtra:
Tinubu is a FAILURE!😀

Obi has never failed.
Tinubu failed in EVERYTHING in his life.🤮


https://www.youtube.com/watch?v=EAjkcFfIDa0?si=2jLdyT5JQDCX61CW

Obi failed in Anambra for good 8 years. Una manage am and you want him to come and fail the whole Nigeria for 8 years. Read this Atiku again and tell me Tinubu is a failure.

Obi has moved on to praising China and EU. He realized Singapore is no more working.

His people used to praise Venezuela but they have left Venezuela since their god kidnap Venezuela president.

chatinent:
But you and your god Tinubu doesn't even have depth. It is all void, corruption and incompetence.

Have a nice century.

Read the article with facts and date and debunk it and don't come here to gaslight anybody. Nigeria don get sense pass Una gaslighting.

alanto:
Obi failed in Anambra for good 8 years. Una manage am and you want him to come and fail the whole Nigeria for 8 years. Read this Atiku again and tell me Tinubu is a failure.

Oh?
But Tinubu should fail for 4 more years?😁

chatinent:
But you and your god Tinubu doesn't even have depth. It is all void, corruption and incompetence.

Have a nice century.

Hahahaha...Chatinet, it's not personal. Call a spade, spade...irrespective of your affinal ties.😁 I expect you of all people to know better.

KanwuliaExtra:
Obi thread agaaaaaain?

💃🏽💃🏽💃🏽💃🏽💃🏽💃🏽💃🏽



https://www.youtube.com/watch?v=TCwj_XGb5bA?si=qA2PSCHDhbF0xd0-

Obi will be dis.grace.d until he knows his place

KanwuliaExtra:
Oh?
But Tinubu should fail for 4 more years?😁

Even if you refused to see all the good things going on around you. This article stated plenty of accurate facts. You didn't read?

EmperorIsaac:
Your only problem is Igbo Presidency, I understand. But a spade must be called spade.

There Igbo presiden.cy is now in the m.ud. It goes nowhere

REDshouse:
It remains Bangladesh and Venezuela....chochocho oni

He does not use Argentina anymore.

And that Bangladesh is the funniest. Lmao.

alanto:
Even if you refused to see all the good things going on around you. This article stated plenty of accurate facts. You didn't read?

In your dreams! Go to the streets, not your GBAJUE article.🙄

C-I-C of BORROWING!😍



https://www.youtube.com/watch?v=YWrwbN-O3ZM?si=AIJz0Dv5FivNSvG_



https://www.youtube.com/watch?v=_cuV-FyO7F4?si=YpbamItCaAMF_fLr

Which one is Tinubu the feudo-fascist emulating?

I bet he will be worse than north korea if he gets a second term, which God forbids.

Why won't him? Although Indonesia’s economy faces severe currency and financial pressures, it's experiencing strong headline growth. With Q1 2026 GDP expanded by an impressive 5.61% year-on-year, making it one of the top performers in the G-20, consumer inflation that has been kept relatively manageable at around 3.08%, and external debt which has remained at a healthy ~30% of GDP, yes.

LordIsaac:
Hahahaha...Chatinet, it's not personal. Call a spade, spade...irrespective of your affinal ties.😁 I expect you of all people to know better.

How will a religious/tribal big.ot know better? They know what they are doing.

I can't imagine a normal humanbeing insult Tinubu and praise Obi.

If you ask them to compare Lagos and Anambra they'll say Lagos is a formal capital blah, blah. Abuja is the present capital and it's Tinubu and Wike that are repositioning Abuja to make it look like Lagos. How many presidents have Nigeria had that lived in Aso Rock? How many ministers has Abuja had? They knew what they are doing. That's why they talk down on the infrastructures the present administration has embarked on, they talk down on nelfund, water down foreign reserve. Talk down on GPD growth.

You know why?

Obi doesn't have any legacy whatsoever.

They know what they are doing. Only people that don't understand their agenda I pity.

Tinubu the failure!
💃🏽💃🏽💃🏽💃🏽💃🏽


https://www.youtube.com/watch?v=mZv7Vr1mt1E?si=m4_xL4PmsEoYdKSf

alanto:
Read the article with facts and date and debunk it and don't come here to gaslight anybody. Nigeria don get sense pass Una gaslighting.

Sure you know the meaning of gaslight?

Too bad for mr Obi.
His best countries like Bangladesh, Argentina and now Indonesia are doing poorly. That

What about China?

KanwuliaExtra:
Obi thread agaaaaaain?

💃🏽💃🏽💃🏽💃🏽💃🏽💃🏽💃🏽



https://www.youtube.com/watch?v=TCwj_XGb5bA?si=qA2PSCHDhbF0xd0-

obi naa dullard

GoodLife4live:
obi naa dullard

Real dullar.d agulu gbaju.e, babanla fr.aud

ElSudani:
What about China?

Obi has switched to China, he has left Bangladesh, Argentina and Singapore. He's now face China and EU full time.

Very anyhow human being