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Peter Obi Raises Alarm Over Nigeria’s Growing Debt Crisis

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Former Anambra State Governor and 2023 presidential candidate, Peter Obi , has once again voiced deep concern over Nigeria’s mounting national debt, warning that the country is edging dangerously toward a financial cliff . Obi, known for his consistent advocacy for transparency and fiscal responsibility, criticized the recent approval of massive foreign loans by the National Assembly—reportedly amounting to over $21 billion , €2.2 billion , and ¥15 billion . He emphasized that the current debt trend under the Tinubu administration is unsustainable and could leave future generations burdened with unpayable obligations. According to Obi, Nigeria’s debt has ballooned from ₦12.6 trillion in 2015 to a staggering ₦149 trillion in 2025 , a growth rate he described as "disturbing and reckless." He questioned the country’s borrowing culture, especially when there is little to show in terms of infrastructure, job creation, or improved living standards. “The government must stop li...
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Amaechi Warns Nigerians: “Another Tinubu Term Will Bury the Country

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In a powerful and alarming statement, former Minister of Transportation and ex-Governor of Rivers State, Rotimi Amaechi, has sounded the alarm on the worsening economic conditions under the leadership of President Bola Ahmed Tinubu.

Speaking during a recent political gathering, Amaechi didn’t hold back his words, declaring that Nigerians are already dying of hunger, and that if President Tinubu is re-elected for a second term, the hardship will multiply beyond control. “We are not just suffering now — if Tinubu returns for another term, we will be dead and buried,” Amaechi warned.

This comes amid rising inflation, growing insecurity, fuel subsidy removal effects, and an ever-weakening naira. The cost of living continues to soar, and ordinary Nigerians are finding it increasingly difficult to afford food, transportation, and healthcare. Many believe the current administration has failed to deliver on its promises of economic reform and social justice.

Amaechi’s comment has sparked intense reactions nationwide, especially considering his past alliance with the ruling All Progressives Congress (APC). Many view his outburst as a wake-up call to Nigerians ahead of the 2027 general elections.

Observers believe this could be the beginning of deeper cracks within the APC, as more former allies of Tinubu begin to speak out. Citizens, meanwhile, are echoing Amaechi’s sentiments online, expressing their frustration and hopelessness in the current state of the nation.

As the political climate heats up, one question remains on everyone’s lips: Will Nigerians endure another four years under Tinubu, or is change on the horizon?


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Benin Republic, Niger enjoy smuggled fuel as Nigerians keep vigil at petrol stations

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