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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...

Title: Lagos Erupts in Protest Over Poor Welfare of Police and Soldiers

Lagos, Nigeria — A wave of dissatisfaction over the poor living and working conditions of Nigerian security forces hit a boiling point this week as concerned citizens took to the streets of Lagos to demand better welfare packages for police officers and soldiers.

The protesters, mostly youth activists, veterans, and rights advocates, carried placards and banners condemning the federal government’s neglect of serving and retired security personnel. They chanted slogans such as “Protect those who protect us!” and “Welfare is not a privilege, it’s a right!”, drawing attention from passersby and motorists along major streets of the city.

According to the demonstrators, the Nigerian police and military have long suffered from systemic neglect, low salaries, poor housing, lack of medical support, and unpaid pensions—issues that have made their lives difficult even after years of dedicated service.

A protester who spoke with Sahara Reporters said, “How can we expect the police and military to serve with commitment when their welfare is ignored? Some retirees can’t afford food or rent. Many officers are demoralized.”

The protest echoes similar demonstrations held earlier in Abuja by retired police officers demanding the payment of outstanding pension arrears and benefits. The Lagos protest, however, expanded the conversation to include the welfare of serving officers, many of whom are battling economic hardship amidst rising inflation.

Security analysts have warned that continued neglect of security personnel could lead to low morale, inefficiency, and even increased vulnerability to corruption. “When security officers are poorly treated, it reflects in the quality of policing and national security,” one expert noted.

The protesters called on President Bola Tinubu’s administration to immediately address their demands by improving salaries, ensuring timely pension payments, and investing in housing, healthcare, and general welfare for all members of the armed forces and police.

As of now, there has been no official government response to the protest. However, the growing unrest among security stakeholders is a signal that the issue can no longer be swept under the rug.


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