Congratulations, Nigeria should not borrow if economy is stabilizing – Peter Obi tells Tinubu

Former Labour Party presidential candidate, Peter Obi has congratulated President Bola Tinubu following his claim that Nigeria has achieved its revenue target for the year.

Speaking on Tuesday, Tinubu had said Nigeria has met its revenue target for the year and his administration is currently stabilizing the economy.

However, Obi noted that Nigeria should not be borrowing and citizens should feel the impact in their daily lives if the economy is stabilizing.

In a post on X titled ‘What does Achieving Revenue Target mean to Nigerians?’, Obi wrote: “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. Congratulations Mr. President.But

“But Mr. President, if indeed the economy stabilises as you declared, then Nigerians must feel it in their daily lives. 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,” Obi challenged.