“How Peter Obi’s Lies Chased Foreign Investors Away from Nigeria,” Reno Omokri Speaks
- Reno Omokri, former presidential aide, has levelled a heavy allegation against Peter Obi, the flagbearer of the Labour Party in the 2023 general elections
- In a trending interview, Omokri accused Peter Obi of spreading false information regarding Nigeria’s debt profile
- Omokri alleged that Obi’s claims are misleading and have influenced the decisions of foreign investors from doing business in Nigeria
Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements.
Former presidential aide, Reno Omokri, has accused Labour Party’s 2023 presidential candidate, Peter Obi, of spreading false information about Nigeria’s debt profile, claiming it is deterring foreign investors from the country.
Source: Facebook
Legit.ng reported that Peter Obi claimed that President Bola Ahmed Tinubu’s administration borrowed more than the combined borrowings of three former presidents.
Obi said Tinubu’s administration borrowed more than former Presidents Umar Yar’Adua, Goodluck Jonathan, and Muhamadu Buhari.
Obi remarks are lies - Reno Omokri
Speaking during an appearance on Channels Television’s Politics Today on Wednesday, July 9, Omokri alleged that Obi’s statements were misleading and damaging to the country’s economic prospects.
As reported by Vanguard, Omokri said some investors currently operating in Nigeria are considering exiting the market due to Obi’s remarks.
“That is not true. He doesn’t rile me up. I rile him up,” Omokri said during the interview.
“The reason why I came here is because I’m a patriot. Peter Obi lied. You know, foreign direct investors are watching your programme, who are making investment decisions not to come to Nigeria. There are foreign investors in Nigeria that are making investment decisions to leave Nigeria because of the lie he told.
“One of the lies he told is that President Tinubu has borrowed more than the administrations of Yar’Adua, Jonathan, Buhari. That is a blatant lie.”
Source: Facebook
Omokri defends Tinubu
Backing his claims, Omokri referenced figures from the Debt Management Office (DMO), maintaining that President Bola Tinubu has actually reduced Nigeria’s external debt burden since taking office.
“I have here with me data from the Debt Management Office, and Nigerians who are watching can go to DMO.com and search Debt Management Office, Nigeria State of Indebtedness 2015,” he said.
“As of 2015, Nigeria was owing a total of $63 billion. When Buhari was leaving office, Nigeria was owing $113 billion. Today, from the DMO, our debt has gone from $113 billion to $97 billion, meaning that Tinubu has reduced our debt by over $14 billion.
“We should be appreciating this man. Yet Peter Obi came here and lied to the Nigerian people. He took the debts and translated them into naira to make it look like the debts have increased.”
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2027: Obi speaks on how Tinubu will be sacked
In another development, Legit.ng reported that Peter Obi vowed to remove Tinubu via lawful means in 2027, promising to govern with civility and appoint competent leaders.
Obi defended alliance with ADC, saying the opposition coalition is not a betrayal of the Labour Party but a necessary collaboration to rescue Nigeria from poor governance.
He stressed inclusive leadership, insisting that even past political actors have valuable experience, and that national unity requires working with everyone regardless of background.
Source: Legit.ng
