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Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi (5165 Views)

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Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by adenigga(op): 4:54pm On Nov 07
The Nigeria Democratic Congress, NDC, presidential candidate, Peter Obi, has challenged President Bola Tinubu to give an account of the N15.8 trillion saved from the removal of fuel subsidy.

In a post on his verified X handle on Saturday, Obi also asked Tinubu to explain to Nigerians what he did with the $100 billion loans he has taken since he assumed office in 2023.

Obi, who commended Tinubu for spending a night in Akwa Ibom State, also challenged him to visit the remaining states and feel the pains of Nigerians.

"I congratulate you on spending a night in one of Nigeria’s states outside Lagos and Abuja. I hope you enjoyed the warmth, hospitality, and delicious cuisine of Akwa Ibom, which I am sure is even better than those of the destinations where you have spent over 260 days outside Nigeria since coming into office.

"I 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 N15.8 trillion saved from the removal of fuel subsidy, the over $100 billion 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.

"Nigerians 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.

"They also deserve to know how much electricity supply has improved, especially given your promise that if you do not fix power, Nigerians should not vote for you. They deserve an explanation of how you have secured the country, which still ranks among the most terrorised countries in the world.

"Mr President, Nigerians deserve answers. They deserve to know what has been done with the resources entrusted to your government.

"The New Nigeria we want to build will be based on accountability, transparency, and the physical, measurable impact of our public resources on the lives of citizens," Obi wrote.
Source: https://dailypost.ng/2026/11/07/wheres-n15-8-trillion-saved-from-fuel-removal-100-billion-you-borrowed-peter-obi-asks-tinubu

Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by KillahPriest: 4:56pm On Nov 07
Valid questions, Nigerians need to know the truth

#SaiHamzaAlMustapha
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by yarimo(m): 5:00pm On Nov 07
KillahPriest:
Valid questions, Nigerians need to know the truth

#SaiHamzaAlMustapha
but anambra state citizens don't need to know where he kept anambra state government #2.13 Billions ecological fund abi ?
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by Lithiumite: 5:29pm On Nov 07
You for say he dey tonubu pocket and those your zombie obidients will be clapping for you like mindless cretins who cant think on their own.

Mr.Obi you still haven't told us ablot the monies yoi borrowed in anambra and lied to the whole world you didn't.......the details you claimed was in your hand over note was nothing but an amorphous attempt to feign uprighness, it was like something done by an apprentice trader making accounts for his oga.......2.1b you claimed was in first bank,your gov said there was nothing like that,you only made feeble attempts to gloss over the allegations which throws you off as unaccountable to the people you governed.
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by Iamdbull: 1:43pm On Nov 08
Dbull on this one!

If Tinubu enters for second term am ready to end it all.
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by Goo0dHardDick: 1:45pm On Nov 08
Anyone that votes Tinubu is a nothing but a fool.

A man who achieved nothing in his four years. A working president should be campaigning on what he has done that is visible to the people and not foooling himself attacking oppositions.

Tinubu must be voted out by all means necessary
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by Dogalmighty17: 1:45pm On Nov 08
Imagine borrowing over 100 billion dollars and yet the poverty situation in the country worsened under you.
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by Chijeep(m): 1:46pm On Nov 08
Data boys will turn deaf eyes and blind ears to this news.
Just watch and see as they divert the story to another delimna
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by malali: 1:47pm On Nov 08
As this administration comes to an end, the EFCC should be preparing to expand its workforce, recruit more investigators and prosecutors, and the government should be building more prison facilities. They will have a full-time job apprehending, prosecuting and jailing looters across all three tiers of government, federal, state and local.

All these billions and trillions borrowed in the name of Nigerians are nowhere to be seen in the lives of ordinary citizens. Instead, much of the wealth appears to have found its way into luxury real estate, both home and abroad, and foreign bank accounts.

Nigeria must not become a country where stealing public funds is a more profitable venture than honest work. There must be accountability, recovery of stolen assets and consequences, regardless of who is involved.

Enough is enough.
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by greatiyk4u(m): 1:47pm On Nov 08
Your case is no longer normal, even when they are fighting to give you a better tomorrow, you still want to remain in your poverty sticken lifestyle

yarimo:
but anambra state citizens don't need to know where he kept anambra state government #2.13 Billions ecological fund abi ?
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by PlasmaTV: 1:47pm On Nov 08
This is the question every sane Nigerian is asking.
Tinubu should provide an answer instead of begging for more loans.
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by EmperorIsaac(m): 1:47pm On Nov 08
Good question, I must say!
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by Ofunaofu: 1:47pm On Nov 08
Tinubu where's our subsidy removal savings
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by Tendd: 1:47pm On Nov 08
Hmmm!That is a gigantic sum of money to steal or mismanage.
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by PlasmaTV: 1:48pm On Nov 08
yarimo:
but anambra state citizens don't need to know where he kept anambra state government #2.13 Billions ecological fund abi ?
You need psychological, mental, spiritual, and emotional help.
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by orikoku: 1:48pm On Nov 08
It has been shared amongst themselves. Nothing to show for all the trillions and billions. Nigeria I hail thee.
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by PlasmaTV: 1:48pm On Nov 08
yarimo:
but anambra state citizens don't need to know where he kept anambra state government #2.13 Billions ecological fund abi ?
Meanwhile, you want to compare 2 billion to TRILLIONS?

I weep for your offspring.
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by Adetunde876: 1:49pm On Nov 08
greatiyk4u:
Your case is no longer normal, even when they are fighting to give you a better tomorrow, you still want to remain in your poverty sticken lifestyle
The same better life he gave Anambra people that made them enter night bus to Lagos and cannot stay in their erosion land. If Obi becomes president Nigeria will turn out like Somalia. You want to elect a dundee as president
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by Blunt99:
Nigeria is not as barren as the UK, there are enough natural resources to subsidized the basic needs of the masses.

But wants to operate like the UK by taxing every facet of life without a corresponding standard of living.

What needed to be done was to curb corruption and Subsidy wouldn't have been a pressure.

But of course, we take advice and economic standards from the IMF and World Banks of the western world, without considering our uniqueness.

The results is what we are seeing now, without any impact of the saved subsidy,

Which is now being looted through the budget, infact, hardly is there any prove that it is even part of the budget, as the budget increase can be largely traced to inflation caused by over 300% Naira devaluation.

The difference between now and then is that the subsidy beneficiary has change from Petroleum cartels, to political leaders,

And the masses have become poorer.
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by Chikel20000(m): 1:50pm On Nov 08
And Tinubu supporters think we r not sensible in dis country....
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by PHIPEX(m): 1:51pm On Nov 08
This govt is the most economically deficient in the past 2 decades
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by PapaNnamdi: 1:51pm On Nov 08
Thats over a hundred trillion in naira,

Dem go say coastal road 😄🤣🤣
And reforms

Foolish set of APC idiyorts,

Thank God ppl are waking up due to the suffering, in some parts of Lagos Dem de tear tinubu face comot from banners and posters, that's how u knw even the streets don't want him ,

Only criminals and ppl benefiting from the cursed economy
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by AMI3(m): 1:51pm On Nov 08
How can somebody borrow this kind of money and still want to borrow again for what purpose.

That is how he Left millions of debt in Lagos
Let him go and thank Fashola is own situation could have pass Ibori and Alameshia
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by oneMalik: 1:51pm On Nov 08
This guy no just know nothing at all .

You think say Nigeria 🇳🇬 na anambra ?

You really need to wise up cos all these are exposing your full gullibility.
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by LegendHero(m): 1:52pm On Nov 08
Nairaland should have community note.

Obi is too dull that it seems he does not even know the meaning of $100billion.

Below is the 2023 and 2026 external debt portfolio from DMO office.Tinubu only added $12 billion to the external debt.


https://www.dmo.gov.ng/6080-nigeria-s-total-public-debt-as-at-june-30-2026/file

Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by Flangelo12: 1:52pm On Nov 08
Obi and lies.

Tinubu is only responsible for $7 Billilon of Nigerian debt.

Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by XtremeConsumer: 1:52pm On Nov 08
100 billion dollars?

This clown has problem with number.

What is the budget of Nigeria self?

Who will borrow Nigeria that kind of money?
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by Chikel20000(m): 1:52pm On Nov 08
yarimo:
but anambra state citizens don't need to know where he kept anambra state government #2.13 Billions ecological fund abi ?
if not that u r blinded by heat and tribal bigotry....Obi told u how much he left behind n what he said d with d money he had as anambra Governor but I know ur type ..u will rather trust Sowore than trust any explanations given to u by his Excellency
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by tuoyoojo(m): 1:53pm On Nov 08
I feel for that next government coming

The mess that they have to clean is crazy
Re: Where's ₦15.8 Trillion Saved From Fuel Subsidy Removal, $100bn Borrowed? - Obi by prinsam30: 1:53pm On Nov 08
adenigga:
Source: https://dailypost.ng/2026/11/07/wheres-n15-8-trillion-saved-from-fuel-removal-100-billion-you-borrowed-peter-obi-asks-tinubu
They will definitely have no possible answer to give, the money have been looted by them, government of lies and propaganda
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