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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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Title: Political Turbulence Rocks Nigerian Opposition as ADC Coalition Faces Growing Doubts

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The Nigerian political scene is currently experiencing a significant shake-up as the newly formed Africa Democratic Congress (ADC) coalition — comprising key opposition figures like Peter Obi, Atiku Abubakar, Rotimi Amaechi, and Nasir El-Rufai — faces increasing scrutiny and resistance from within and outside its ranks.

The ADC, recently adopted as the new platform for a united front against President Tinubu’s ruling APC in the 2027 general elections, was expected to bring together various political interests under one umbrella. However, not everyone in the opposition camp is fully convinced of the coalition's credibility or effectiveness.

Yusuf Datti Baba-Ahmed, former vice-presidential candidate of the Labour Party, has openly expressed his reservations about the coalition. In a series of recent interviews, he stated that he’s still trying to “understand” the motives and structure of the ADC coalition. Datti cautioned against blindly following a new political movement without ensuring that it upholds the values of transparency and internal democracy. He also criticized past political coalitions for being marred by vote-buying and lack of credible primaries — issues he fears might resurface in the ADC.

Datti urged his ally, Peter Obi, not to settle for a supporting role but to lead with integrity and vision. He reiterated his commitment to the Labour Party and questioned the true intent behind the sudden formation of the ADC alliance.

On the other side, Rotimi Amaechi tried to ease concerns, assuring Nigerians that all ADC leaders have agreed to support whoever emerges as the presidential candidate through a transparent process. Yet, doubts remain, especially as figures like former Governor Samuel Ortom have dismissed the coalition as weak and lacking direction.

Observers warn that unless the ADC handles its internal affairs with utmost transparency, the coalition may collapse under its own weight — just like many before it. With 2027 fast approaching, the coming months will reveal whether the ADC becomes a serious contender or another failed alliance in Nigeria’s turbulent political history.

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