The candidate of the Labour Party in the 2023 presidential election, Mr. Peter Obi, on Tuesday, accused President Bola Tinubu’s administration of being ineffective in implementing economic policies.
Obi, a former governor of Anambra State, revealed this in an interview on Arise News Prime Time on Tuesday and also criticised the decision of President Tinubu to float the naira in the absence of productivity, while also increasing the country’s debt profile and the cost of debt servicing, which, he said, was above the budgetary allocation for critical sectors like health and education.
Obi asserted that if he were the President, the country would have experienced drastic positive changes in two years as he would have injected money into productivity that would lead to a more productive and sustainable economy.
He stated, “The President that is there today, how many years has he stayed? Two years, and look at the turn of things. It means you can change things in two years. That means if I were there, you would have seen considerable change in critical areas. I would tackle corruption head-on, and I would reduce the cost of governance. You would have seen borrowed money invested in critical areas.”
