By admin
The presidential candidate of the Nigeria Democratic Congress (NDC) in the forth coming election, Peter Obi has renewed his call for President Bola Tinubu to resign, alleging that the administration’s handling of public finances and rising corruption concerns have further weakened public confidence in government.
Obi made the call in a statement issued on Sunday by his spokesman, Idris Ekeri Jnr, in which he argued that recent allegations of unaccounted public expenditure and what he described as a pattern of grand corruption underscored the need for a change in leadership.
The former Anambra State governor said recent findings from the International Monetary Fund (IMF) consultation report had raised fresh questions over public financial management, claiming that about N8.83 trillion in expenditure undertaken in 2025 was not reflected in the national budget and was therefore outside legislative oversight.
He argued that the amount represented a significant share of the country’s Gross Domestic Product (GDP) and exceeded the actual capital funding released for the year. According to him, the sum was also larger than the combined federal allocations to the education and health sectors.
Obi maintained that if the funds had been properly utilised and accounted for, they could have significantly improved critical sectors such as healthcare, education and infrastructure while stimulating job creation through support for small industries.
Describing the alleged financial irregularities as part of a broader pattern, he said corruption had become one of Nigeria’s greatest challenges, warning that weak public finance management and disregard for due process could undermine national stability and deepen poverty.
He further accused the administration of failing to address the welfare and security needs of Nigerians despite worsening economic conditions, insisting that the government had not lived up to its campaign promises.
Obi said his earlier call for President Tinubu to step down was based on what he described as incompetence, lack of capacity and poor governance, adding that recent corruption allegations had reinforced his position.
He also urged Nigerians to continue demanding accountability through lawful and democratic means, expressing confidence that the country could still achieve better governance.