Saturday, November 7, 2026

Obi asks Tinubu to account for N15.8 trillion fuel subsidy savings, $100 billion borrowings

He congratulated the president on spending a night outside Lagos and Abuja.

• November 7, 2026
Obi and Tinubu
Peter Obi and Tinubu

The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has asked President Bola Tinubu to account for the ₦15.8 trillion reportedly saved from the removal of fuel subsidy, alongside more than $100 billion in borrowings and increased government revenue.

Mr Obi made the request in an open letter titled “Good Day, Mr President: Nigerians Deserve Accountability,” following Mr Tinubu’s visit to Akwa Ibom State.

He congratulated the president on spending a night outside Lagos and Abuja, urging him to visit the remaining 33 states and explain how his administration had managed public resources.

“

I sincerely hope this visit will inspire you to travel to the remaining 33 states of the federation, spend time with the people and, more importantly, explain what your administration has done with the ₦15.8 trillion saved from the removal of fuel subsidy, the over $100 billion you have borrowed, the increased revenues accruing to the government from taxing Nigerians, and the additional government revenues which your administration celebrated last year as having surpassed its target”, he wrote. 

The former Anambra governor challenged the effectiveness of the funds in reducing poverty and improving education, healthcare, electricity supply and national security.

He asked the president to disclose the number of Nigerians who had been lifted out of poverty, how many out-of-school children had returned to classrooms and how many functional primary healthcare centres had been established.

Mr Obi also sought clarification on the state of electricity supply, recalling Mr Tinubu’s earlier promise that Nigerians should not vote for him if he failed to fix the power sector.

He said Nigerians deserved answers on how the resources entrusted to the government had improved their standard of living.

Mr Obi added that accountability, transparency and measurable improvements in citizens’ lives should serve as the basis of a new Nigeria.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Nicholas Ba’amlong

States

Plateau records 724 surgeries, treats 17,603 patients in free medical outreach

The commissioner said no death was recorded throughout the outreach.

Idi Maiha

Agriculture

FG urges veterinarians to improve animal healthcare delivery

The project coordinator said the hospitals were established to bring quality veterinary services closer to livestock farmers.

Governor Lucky Aiyedatiwa

States

Aiyedatiwa tasks aides to mobilise one million votes for Tinubu in 2027

Mr Aiyedatiwa gave the charge on Friday while addressing his senior special assistants and special assistants.