Video: “Where’s The Money?” – Peter Obi Asks Tinubu Of Subsidy Savings

Peter Obi has questioned Nigeria’s economic policies, criticizing the lack of transparency in subsidy savings and government spending, while highlighting the neglect of critical sectors like healthcare and education.

Peter Obi, former Governor of Anambra State and the 2023 Labour Party presidential candidate, has once again raised concerns over Nigeria’s economic direction.

In an interview with Arise TV, Obi questioned the rationale behind the federal government’s economic policies, particularly the removal of fuel subsidies and the claimed reinvestment of funds.

Obi, a businessman-turned-politician known for his emphasis on fiscal discipline and accountability, did not hold back in his assessment. He argued that while Nigerians are being asked to endure economic hardship, there is no transparency in how the supposed savings from subsidy removal are being used.

“They told us subsidy removal would free up funds for critical investments, but where is the money? What have they done with it?” Obi asked during the interview.

He pointed out that essential sectors such as education, healthcare, and poverty alleviation remain grossly underfunded despite claims of increased state allocations. As a firsthand witness to Nigeria’s deepening poverty crisis, Obi narrated his visit to an internally displaced persons (IDP) camp in Abuja, where he saw children and families struggling to survive without access to basic healthcare and education.

“You cannot claim to be investing in the people when children in IDP camps do not even have access to primary healthcare,” he stated.

Obi further criticized the student loan policy introduced by the current administration, arguing that while it may sound good in theory, it does not address the root problem—the lack of proper investment in foundational education.

“People need to see, feel, and verify these investments. Without transparency and a clear roadmap, the government’s economic policies will continue to feel like mere suffering without purpose,” Obi concluded.

With inflation at record highs and unemployment worsening, Obi’s warning about Nigeria’s economic future resonates with many who believe that the government must provide a clearer, more accountable strategy for development.

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