Peter Obi, presidential candidate of the Labour Party (LP) in 2023, says Nigeria’s revenue growth must reflect in the lives of citizens.
On Tuesday, President Bola Tinubu said the federal government has achieved its 2025 revenue target ahead of schedule, ruling out further borrowing.
The president said the development was driven by non-oil earnings, adding that his administration has made progress in stabilising the economy despite external pressures.
Reacting on Wednesday, Obi said Nigerians should feel the impact of the claimed stability in their pockets.
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The former Anambra governor said educational facilities and hospitals are still in decrepit conditions.
“The President has announced that our nation’s revenue target for the year has now been achieved by August, which could mean a stabilising economy,” Obi wrote on X.
“Congratulations Mr. President. But Mr. President, if indeed the economy stabilises as you declared, then Nigerians must feel it in their daily lives.
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“Borrowings must stop now. Huge Contractors’ bills, which are still owed should be paid, and critical underfunded projects must now be funded.
“Our educational facilities and hospitals are still in terrible condition. True economic stability is not in figures announced at press conferences, but in classrooms where children learn, in well-equipped labs and access to learning tools, in hospitals, where citizens can receive quality care, equipped with adequate facilities.
“For the next four months, every value of our excess revenue should be deliberately channelled into the critical areas of development: health, education, and pulling people out of poverty.
“This must be done transparently, with verifiable and measurable outcomes.
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“Anything less will mean that revenue growth has not translated into national growth.”
