Obi asks FG to reveal inherited debts from Buhari government
Former Anambra State governor and Labour Party presidential candidate in the 2023 election, Peter Obi, has criticized the current APC-led Federal Government for claiming that they inherited a bankrupt nation from their predecessor APC administration without disclosing what they inherited.
In a tweet posted on Thursday, Obi said that one major characteristic of responsible governance is transparency and strict accountability, which demands that the government disclose exactly the degree of deficit they inherited. He said that the public deserves to know where the nation is and where it is headed.
Obi also reminded the people that the previous APC Government made a similar claim in 2015 against the PDP administration that handed over to them without telling the nation what it actually inherited.
He said that the APC Government took the nation’s debt profile from N12.6 Trillion in 2015 to N87 trillion in 2023 when they left office without improving on any indices of development such as education, health, poverty eradication, and security.
He said, “I just read yesterday, a widely publicized story from the present APC-led Federal Government saying that they inherited a bankrupt nation from their predecessor APC administration. But the story failed to disclose what they inherited which had qualified us for bankruptcy status.
“One major characteristic of responsible governance is transparency and strict accountability. This demands that the government disclose exactly the degree of deficit they inherited. What is inherited should be disclosed to enable the public to know where we are and where we are headed. Recall that the previous APC Government made a similar claim in 2015 against the PDP administration that handed over to them without telling the nation what it actually inherited.
“Rather, they took our debt profile from N12.6 Trillion in 2015 to N87 trillion in 2023 when they left office without improving on any indices of development: Education, Health, Poverty eradication, and Security.
“Instead, the condition of the nation on every development index got worse, leading to the present sad state. Nigerians know things are bad, and they experience it daily. What they now want to hear regularly are measurable and verifiable steps to improve the situation.”
