Obi Challenges Tinubu to Explain ₦15.8trn Subsidy Savings, Over $100bn Borrowings

Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has challenged President Bola Tinubu to provide Nigerians with a detailed account of how his administration has utilised the funds generated from petrol subsidy removal, government borrowings and increased revenue collections.

Obi made the demand in a statement published on his X account on Saturday, November 7, 2026, following Tinubu’s visit to Akwa Ibom State, where the President attended an All Progressives Congress (APC) campaign rally and spent the night outside Lagos and Abuja.

The former Anambra State governor congratulated Tinubu on the visit but urged him to extend his engagements to other parts of the country and explain how public resources had translated into improvements in the lives of Nigerians.

He specifically questioned the utilisation of the ₦15.8 trillion estimated subsidy savings, more than $100 billion in borrowings, increased tax revenues and additional government income that the administration previously said had exceeded its target.

Obi argued that Nigerians deserved clear information about the benefits of these resources, particularly in tackling poverty, improving education and strengthening the country’s healthcare system.

He asked the President to disclose the number of people lifted out of poverty under his administration, the number of out-of-school children returned to classrooms and the number of functional primary healthcare centres established.

The NDC presidential candidate also questioned the progress made in the electricity sector, recalling Tinubu’s previous pledge that Nigerians should not vote for him if he failed to address the country’s power challenges.

On security, Obi called for an explanation of the government’s efforts to protect citizens, arguing that persistent insecurity remained a major concern across the country.

He maintained that public funds should produce measurable improvements in living conditions rather than remain figures in government revenue reports.

Obi said his vision of a new Nigeria would prioritise transparency, accountability and the tangible impact of public resources on the welfare of citizens.