Former presidential aide, Remo Omokri accused the 2023 Presidential candidate of the Labour Party (LP), Peter Obi of lying that President Bola Tinubu borrowed more than former Presidents Olusegun Obasanjo, Musa Yar’Adua, Goodluck Jonathan, and Muhammadu Buhari.
In a statement on his X handle, Omokri noted that Obi’s desperation to become Nigeria’s president has made him keep lying, describing Obi as a “manipulative trader whose lies can never make him a transformative leader.”
He wrote: “On the issue of debt, Peter Obi blatantly lied about President Tinubu borrowing more money than Presidents Obasanjo, Yar’adua, Jonathan, and Buhari combined.
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“Nigeria’s debt has actually reduced from $108.2 billion on May 29, 2023, to $94.2 billion today. What Peter Obi did was convert the $94.2 billion into Naira using the floated Naira rate of N1560 to $1 to give the impression that our debt has increased.
“When President Tinubu took office, our total debt was N49.85 trillion. But this was when Naira was N400 to $1. As of the end of 2024, our total public debt was N144.67 trillion.
“Now, while it may seem that our total debt has increased from N49.85 trillion to N144.67 trillion, the fact is that the N144.67 trillion is calculated using an exchange rate of N1536 to $1.
“However, when you quantify our debt in dollars rather than Naira, our total debt has actually reduced by over $14 billion.
“God sparing my life, I will appear on a live TV programme to present irrefutable evidence from the Debt Management Office to the Nigerian people.
“How can someone go on air and lie so blatantly? Peter Obi is a national security threat to Nigeria, because gullible Nigerians and unaware foreigners will watch his lies and believe them.
“Foreign investors may be swayed by his lies and refrain from investing in Nigeria. And those already in Nigeria may panic and start divesting.
“Peter Obi’s lies have consequences that will affect the economy and your pocket. His desperation to be President of Nigeria has made him careless with his words.”
