Tinubu’s aide accuses Peter Obi of misinforming Nigerians on debt profile

A special assistant to Nigerian President Bola Tinubu has accused opposition leader Peter Obi of misinforming the public regarding the nation's debt situation. The aide asserted that Obi is deliberately misleading Nigerians about the true extent and causes of the country's borrowing.

In a counter-statement, the aide, identified as Olusegun, argued that the rise in Nigeria's debt stock under the current Tinubu administration is primarily a result of exchange rate adjustments. He emphasized that this increase does not stem from significant new borrowing, directly challenging narratives that suggest unchecked fiscal expansion.

This exchange highlights ongoing political tensions surrounding Nigeria's economic management. Concerns about the nation's debt profile have been a recurring theme, and political figures are actively engaging in public discourse to shape perceptions of the government's fiscal policies. The aide's comments aim to counter criticisms and provide an alternative explanation for the observed debt figures.