₦airaland Forum

Peter Obi's claim that Tinubu's government borrowed more in two years than Yar'Adua, Jonathan, and Buhari combined appears inaccurate.

Data shows Nigeria's debt at 94.23 billion USD by Q4 2024 under Tinubu, while the combined debt of prior administrations is roughly 213.84 billion USD.

However, debt figures vary due to exchange rates and definitions of "borrowing." The claim oversimplifies complex financial data, and exact new loan amounts are unclear. Further scrutiny is needed for a definitive conclusion.

Judolisco:
It should be named after him for what exactly.... He conducted an election and didn't conclude it.... Dis people sef

Speaking at The Platform, a special Democracy Day edition organised by The Covenant Nation in the Iganmu area of Lagos State on Thursday, the former Central Bank governor lauded the administration’s bold economic decisions, which he said have stabilised a dangerously deteriorating economy.

“I’d disappoint many who would expect me to comment harshly on the economy or offer yet another blueprint for economic reforms.

“I’m not shy to say this: the audacious structural reforms embarked upon by the current administration of President Bola Tinubu have rescued the economy from the tipping point,” Soludo stated.

Since assuming office in May 2023, President Tinubu has implemented significant economic changes, including the removal of petrol subsidies and the unification of multiple foreign exchange windows.

While these policies have drawn criticism for driving up energy costs, transportation fares, and food prices, proponents argue they were long overdue and necessary for long-term growth.

The Anambra Governor, known for his forthright views on national economic matters, highlighted the global recognition Nigeria has received following the reforms.

“The endorsement by the World Bank, the IMF, the London Financial Times, and more in Nigeria is well deserved,” he stated.

Drawing from his own experience, Soludo disclosed that he had previously rejected World Bank loans due to unfavourable terms, but acknowledged that the global institutions were correct in their assessment of Nigeria’s current reform path.

“On the matter of the trajectory of the current economic reforms, the World Bank and others, in my view, are largely right,” he said. “When these institutions criticise the government, some people use them as validation of their own criticism. But when the same institutions give a positive report, they are derided as ‘neoliberal, out-of-touch’ institutions. We can’t have it both ways.”

‘Economy Was Standing Still’
Soludo specifically cited the controversial removal of subsidies and unification of the foreign exchange rate as necessary steps that allowed the economy to “breathe again.”

“If we didn’t do the kind of subsidy removal and deal with the exchange rate issues, we would have reached a point where the economy was just standing still. We couldn’t move any further. We needed fundamental rejigging for it to begin to breathe again — and thank God, at least, we are here,” he said.

While acknowledging that the journey is far from over, Soludo urged the Tinubu administration to stay the course.

“There is still a lot more to do, but I urge the President and his team to steer the course. Many analysts have interesting opinions and quotes, but I urge them to go deeper, with rigorous, factual analysis, and to provide credible alternatives,” he added.

Quoting a friend, Soludo noted, “The past is always easy, especially if you are not the one doing it.”

Thursday’s event, The Platform, drew several high-profile attendees, including former INEC Chairman Attahiru Jega, former Minister of Works and Housing Babatunde Fashola, governors, and other national figures.

It was organised as part of activities marking Nigeria’s Democracy Day on June 12.

The petition, titled Petition to Defend Yoruba History from Ethnic Distortion in Nigerian Textbooks, was submitted by the Concerned Citizens of Yoruba Origin and Supporters of Truth.

The Nigerian Government has responded to a petition alleging the distortion of Yoruba history in Nigerian school textbooks, particularly over claims that Ile-Ife—the ancestral home of the Yoruba people—was founded or first occupied by the Igbo.

The petition, titled Petition to Defend Yoruba History from Ethnic Distortion in Nigerian Textbooks, was submitted by the Concerned Citizens of Yoruba Origin and Supporters of Truth.

It was signed by the group’s National Chairman, Otunba Abayomi Odunowo, and addressed to the Federal Ministry of Education, Nigerian Educational Research and Development Council (NERDC), National Assembly Committee on Education, state education ministries, and other institutions.

According to the petition, two books—Standard History Studies for JSS 1–3 by Tony and Ijeoma Duru, and The Igbo: People, History and Worldview by Dons Eze and Chinedu Ochinanwata—contain false narratives that present Ile-Ife as originally settled by the Igbo before Oduduwa allegedly invaded and drove them out.

“The attention of the Federal Ministry of Education has been drawn to a petition titled ‘Petition to Defend Yoruba History from Ethnic Distortion in Nigerian Textbooks,’ submitted by the Concerned Citizens of Yoruba Origin and Supporters of Truth, through its National Chairman, Otunba Abayomi Odunowo,” the Ministry said.

“The petition raises concerns over alleged historical inaccuracies in a history textbook authored by Tony and Ijeoma Duru, and published by Tones Publishers. The publication is said to contain claims regarding the founding of Ile-Ife that have been described as misleading and potentially harmful to national unity.”

The statement further said, “The Ministry wishes to clarify that the said textbook was not authored, commissioned, or approved by the Federal Ministry of Education.

“It is not among the instructional materials approved for use in public basic education institutions across the country, and the Ministry is not in any way affiliated with the publication.

“The Ministry appreciates the vigilance and concern of stakeholders regarding the potential of such content to misinform learners and provoke ethnic tension.

“While these concerns are valid, it is important to note that the Ministry is not responsible for materials that fall outside its regulatory framework.”

The Ministry, in a statement signed by Boriowo Folasade, Director, Press and Public Relations, stated that officially approved instructional materials are developed to meet national education standards and promote equitable access to quality education.

It also noted that the issue would be investigated in collaboration with the Universal Basic Education Commission (UBEC) and other agencies.

“All necessary steps will be taken to address the anomalies identified and to ensure a fair and timely resolution that respects historical truth and promotes unity,” it said.

“The Federal Ministry of Education remains fully committed to providing quality, inclusive, and culturally respectful education that fosters peace, understanding, and national development.”

seborrhic:
I bet if not for colonisation and the whiteman denouncing such practices,sacrificing someone when an oba dies,would still have been an acceptable practice in the Southwest

ryloy:
The lengths of 12 out of 14 roads commissioned in Aba are:

1. Umuode Road: 1.5 km
2. Bakassi Road: 0.6km
3. Isu Ihiteukwa Street: 0.3 km
4. Asa Triangle Road: 0.5km
5. Enyimba Junction – Ariaria Gate: 0.3 km
6. Market Road: 0.744 km
7. Tenant Road: 0.740 km
8. Cameroun Road: 0.711 km
9. Ehi Road: 0.5 km
10. Clifford Road: 0.836 km
11. School Road: 0.729 km
12. Afikpo Road: 0.480 km

Total is 7.94km not up to 10km

Thank you Dr Alex Chioma Otti OFR
@alexottiofr


https://x.com/Onsogbu/status/1932717685751562317

shadrach77:
What is the point of honouring dead people?

OfficialP:
Is releasing kanu not more important than this?

Kewekubosineh:
Tinubu should have used this opportunity to grant state pardon to Nnamdi KANU,ipob leader under incarceration.

The ovation would have been loudest and provide the window for national reconciliation.
He has missed the opportunity.

Leaders all over the world gauge the mood of the nation and act accordingly. The Nnamdi KANU case is a sore on our national psyche and Deep divide on national integration.

Tinubu got this wrong!

Christistruth02:
Why should people be pardoned for a crime which they never committed for in the first place and were wickedly sacrificed for?

FireUpNow:
Will this appease the late Ken Sarowiwa?

Busted: Peter Obi Actually Left More Debt For Anambra Than Any Governor Before Him!

Peter Obi's claim during a recent interview that he left $150 million and ₦36 billion in the coffers of Anambra State is dishonest, fallacious, misleading and typical Obi doublespeak.

The truth is that Peter Obi is a manipulator and economic terrorist who knew what he was doing when he made that inaccurate statement.

Please fact-check me: Peter Obi actually left a debt of ₦127 billion that was due IMMEDIATELY after his successor, Governor Willie Obiano, took office. This debt mainly consisted of unpaid monies owed to contractors engaged by the Peter Obi administration.

More of the debt came from approvals Peter Obi made as he was about to leave office. He deliberately timed these contract approvals to be due when he handed over to Mr. Obiano, so he could claim that he left money and Governor Obiano squandered it.

In his last days in office, Mr. Obi was accused by his successor of employing thousands of new staff for the Anambra State Government at the last minute, without making provision for their salaries. When Mr. Obiano took over, these workers' wages became due.

If you take into account the value of the Naira in 2014, when Peter Obi handed over to Governor Willie Obiano, which was approximately ₦150 to $1, the ₦127 billion debt that Mr. Peter Obi left behind was worth around $847 million, far outstripping the so-called money he claimed to have left behind.

Also, the money Mr. Obi claimed to have left behind was not all in cash. Much of it was in supposed assets, which were overvalued by Mr. Peter Obi. When the new Obiano government surveyed the quantity, it found it to be grossly exaggerated, with some even being liabilities.

For example, Peter Obi invested $12,616,356.43 of Anambra State funds in Intafact Beverages Limited. He claimed that this was part of the assets he left behind. But in actual fact, that brewery became a loss-making business, and the shares held by the Anambra State Government depreciated to about $5.4 million.

Additionally, much of the actual cash Peter Obi left behind was in Fidelity Bank, where he was one of the largest shareholders and a former Chairman.

Peter Obi placed an amount equivalent to $20 million in a Fidelity Bank account with account number 5030047097. This money was earning interest for Fidelity Bank, interest that was partly going into his personal pocket. If I am lying, let Peter Obi sue me. I have all the facts.

Considering this, Peter Obi's claim that he left money behind for the Anambra State Government is not only false but also almost criminal when you consider that from 1999 to 2023, Peter Obi was the ONLY Anambra State Governor under whom poverty increased.

Please fact-check me: All the other Governors before him and the Governor immediately after him reduced poverty. But Peter Obi increased poverty in Anambra from 41.4% to 53.7%, while purporting to leave money in a bank where he held significant shares.

It is believed that the reason Peter Obi did not build a single nursery, primary, or secondary school and university (which is partly responsible for why poverty increased under his watch) is because he wanted Anambra State Government funds to sit in Fidelity Bank, rather than to be used for poverty reduction.

Reno Omokri

Former Anambra State governor Peter Obi has claimed that he did not leave behind any debt, nor owe any contractor during his time and while he left office in 2014. BUT THE CLAIM IS FALSE.

Our fact check found that his claims have been found to be false and misleading.

In a widely circulated interview with Arise TV in June 2025, former Anambra State governor Peter Obi stated that he left office in March 2014 without owing any contractor, supplier, pensioner, or public servant. He added that he left behind funds sufficient to cover salaries for three months.

“The day I left office, I was not owing one contractor, one supplier who had executed his job… I was not owing gratuity. I was not owing pension. I left salary enough to pay salary for three months.” Obi said.

The statement was widely shared on social media platforms, including X and Facebook, and cited by commentators as proof of Obi’s fiscal prudence. But does this claim hold up to scrutiny?

Background:
Peter Obi served as governor of Anambra State from March 2006 to March 2014. He has consistently emphasized his record of fiscal responsibility, often referencing how he left savings in the state’s coffers and met all financial obligations.

His remarks in the Arise TV interview were intended to reinforce his image as a model of transparency and debt-free governance.
However, a fact check analysis reveals that this specific claim is misleading when compared to available financial records.

What Official Records Show
According to the Debt Figures from the Debt Management Office (DMO), the most authoritative data on subnational debt in Nigeria, Anambra State owed an External Debt of (as of December 31, 2013): $30,323,574.40, while the state Domestic Debt (as of December 31, 2013) stood at, ₦3,025,797,046.67, this record shows Peter Obi was still in office as at the time frame.

The data above also reflect the debt position of Anambra State less than three months before Obi left office on March 17, 2014. The DMO’s reports are not self-declared by states, but are centrally verified, lending them significant credibility.
Archived source: DMO Subnational Debt Profile – 2013.

Budgetary & Fiscal Reports from Anambra State
Historical budget performance documents for Anambra State also indicate the presence of debt obligations, both in the form of federal-approved loans and internally generated debts.

While Peter Obi may have ensured prompt salary payments and completed projects, these reports show ongoing liabilities being managed by the state government under his tenure.
Source: Anambra State Fiscal Strategy Documents (2013–2014)

Interpreting the Claim – Semantic or Factual?
Peter Obi’s claim may hinge on a technical distinction, Contractual Liabilities: These include unpaid invoices, contractor arrears, or pension backlogs.

Public Debt: This includes formal obligations like bonds, credit lines, and bilateral/multilateral loans.

Obi may be asserting that no unpaid claims were left by contractors or civil servants a point not directly contradicted by DMO records, which track formal state liabilities, not informal arrears.

However, his absolute claim that he was “not owing anybody” and that “you can call the person” does not acknowledge this nuance. In fact, his statement explicitly rules out all forms of debt, which includes those captured in DMO records.

Verdict: MISLEADING
While Peter Obi may have cleared salary payments and settled contractor fees, his sweeping claim that he left Anambra State without owing “anybody” is contradicted by verified data from Nigeria’s Debt Management Office.

The state carried both domestic and external debt at the time of his departure. A more accurate statement would have acknowledged the distinction between operational liabilities and formal debt obligations.

Sources:
Nigeria Debt Management Office (DMO) – Subnational Debt Profile, 2013
Anambra State Budget & Fiscal Performance Reports (2013–2014)
Arise TV Interview, June 2025
Archived DMO Data – External Debt (2013)
Archived State Government Financial Reports (2013)

Nlfpmod

ogelekpomgam:
The tribalistic comments I see on this forum shows how hateful some group of people are and so desperate to support a failed leadership even if they are dying of hunger.
The country with these set of people is going to self destruct.Its a shame...

PDPdestroyer:
Obidients are yet to get the memo. The days of using gaslighting tactics and online mob attacks, to blackmail people to support your favourite thief, are far gone. They will need to reinvent new tactics if they hope to do any better than they did in 2023 because these personality attacks have become outdated, nobody is falling for it anymore

Slytiger:
Its always their selective outrage for me and 99 percent of the attackers were from the SE.

Peter obi was sucking tinubus balls at the Vatican, no attacks.
Otti was praising tinubu yesterday, no attacks.
Cubana chief priest was kneeling for Shettima, no attacks, they said he was doing business E.t.c

But once a Yoruba man they perceive should be on their side does the same, they all share attack messages on their obidient WhatsApp group. They would call those ones moles, yari bastad, snakes, corn e.t.c they showed Akintollgate and Doyin Okupe shege.

UpaIweka:
Children of hate from the yeast well done.

Myrepublic:
He lie? If you invite failure to your life,you will definitely fail. Watch out for this guy's next competition. Bookmark this Twit 😄..

Laird:
Help which Kids. He is a desperate hustler & schemer and Media Attention schemer in my opinion using that hustle to get foreign NGOS & foreign Donors attention & attention of Politicians too..a triple Play..

After he went to play chess in USA, Are You aware he posted that only 100k usd or so was donated that it did not meet target

He once publicly posted online that a chess in slums child had an.accident and he posted their account number and asked for donations. A doctor i know called him in my presence to ask for details of the accident and hospital and to donate. He was so rude and refused to give details of the hospital and the childs health status. But You can post account number online and ask for money. How ridiculous

Maybe Onyibo Ngos and governments are not paying as they demand impact and accountability for donations and not media hype and press awareness which can be paid for and bought in Nigeria

So pivot to Naija Politicians and brands who want to use him for publicity and can give money or a cheque. No questions asked on how it was spent.

Go to orphanages like Little Saints orphanage that have accomodation and see things for yourself how well run they are without making noise and donate there not to some media attention seeking hustler in the news snapping pictures with different Politicians

INDOMIE9090:
seems you are not on twitter,the guy is the number one person trending on X currently,the abuses,curse no he here o.
I am sure he go Dey regret why he honored tinubu invitation

OAP Rufai: Why is your Labour party disorganized, a lot of people say you’re weak and it is a one-man show.

Peter Obi: Tinubu’s government is behind it

OAP Rufai: Do you have any proof?

Peter Obi: Yes, Abure called Alex Otti a dwarf and he said i am weak. pic.twitter.com/GqiDtvtzFj

— Ainà Dipo 🇳🇬 (@dipoaina1) June 9, 2025