Former Labour Party presidential candidate, Mr. Peter Obi, has launched a scathing critique of President Bola Tinubu’s administration, accusing it of using misleading statistics to obscure Nigeria’s worsening economic conditions. Speaking at a press conference in Abuja on Sunday, Obi alleged that the government is “overfeeding Nigerians with wrong statistics” to create a false impression of economic progress.
Obi, a vocal critic of the current administration, pointed to discrepancies in official economic data, including inflation rates, unemployment figures, and poverty indices, which he claims are being manipulated to downplay the severity of the nation’s challenges. “The Tinubu administration is presenting Nigerians with a distorted picture of the economy,” Obi stated. “These inaccurate figures are not only deceptive but also erode public trust in governance.”
He cited rising food prices, fuel scarcity, and a growing unemployment rate as evidence of the government’s failure to address critical issues affecting Nigerians. Obi urged the administration to adopt transparent and evidence-based policies to tackle the economic downturn, emphasizing the need for accurate data to inform decision-making.
The presidency has yet to respond to Obi’s allegations. However, government officials have previously defended their economic policies, arguing that reforms, such as the removal of fuel subsidies and foreign exchange rate unification, are necessary for long-term stability.
Obi’s remarks come amid widespread public discontent over the rising cost of living, with many Nigerians struggling to afford basic necessities. Analysts suggest that his comments could further fuel debates about the government’s handling of the economy as the nation prepares for upcoming elections.