The Federal Government (FG) has been urged to reveal the assets and deficits that President Bola Tinubu inherited from the previous administration of former President Muhammadu Buhari.
Peter Obi, the Labour Party’s (LP) presidential candidate in the 2023 elections stated this in a series of posts on his X handle (formerly known as Twitter) on Thursday.
According to Obi, governance is about “transparency and strict accountability”.
On Monday, Nuhu Ribadu, the national security adviser, allegedly bemoaned the fact that the Tinubu administration took over a bankrupt nation from the Buhari administration. Additionally, Tinubu stated on Monday in Mecca, Saudi Arabia, that his administration inherited both significant assets and liabilities from his predecessors.
However, in his reaction the former Anambra state governor said officials of the Tinubu government must “disclose what they inherited which had qualified us for bankruptcy status”. He said similarly in 2015, the previous APC government claimed the previous administration.
“One major characteristic of responsible governance is transparency and strict accountability. This demands that the government disclose exactly the degree of deficit they inherited. What is inherited should be disclosed to enable the public to know where we are and where we are headed.”
“Rather, they took our debt profile from N12.6 Trillion in 2015 to N87 trillion in 2023 when they left office without improving on any indices of development: Education, Health, Poverty eradication, and Security.
“Instead, the condition of the nation on every development index got worse, leading to the present sad state. Nigerians know things are bad, and they experience it daily. What they now want to hear regularly are measurable and verifiable steps to improve the situation.