Tinubu signing the budget
Peter Obi’s latest comments calling for President Bola Tinubu’s resignation, based on a comparison with the British Prime Minister’s voluntary exit, are not only misplaced but also reflect a selective and distorted view of Nigeria’s realities since 2023.
His view is also simplistic, as is often the case anytime he opens his mouth. Obi forgets our country does not run a parliamentary system of government like the UK. We run a presidential system, with the president elected to a fixed 4-year term. The people of Ekiti State and the Senatorial constituents in Nasarawa, Enugu, Ondo, and Rivers have just delivered a resounding victory for President Tinubu and his party. The election results, some early referendum of sorts, show that President Tinubu and his party are popular with Nigerians. This should be more concerning for Peter Obi and his new Special Purpose Vehicle, NDC, as we move towards the January 2027 election. Obi should wait until the presidential election to know what the people think of Tinubu’s government. Moving to use X to harangue the President out of office is off the mark and anti-democratic.
It is important to note that President Tinubu did not inherit a country in perfect shape. The security challenges we face today are longstanding and deeply rooted. Yet under President Tinubu’s leadership, Nigeria has made significant, measurable progress. Hundreds of people have been rescued from captivity, including high-profile operations in Borno and the Northwest. Our gallant troops have neutralised terrorist kingpins, sometimes with the help of our foreign allies. Over 15,000 terrorists have been taken off the streets and forests, and security operations have intensified nationwide. President Tinubu has not only sustained but also expanded investments in security by deploying advanced technologies and drones, and by appointing a Special Adviser on Homeland Security to ensure a holistic approach. These actions demonstrate commitment, not failure. It is laughable that Obi, who, as governor, was a colossal failure, unable to secure lives and property in his small state of Anambra, as documented by his successor, Willie Obiano, is now the one calling for President Tinubu’s resignation over security breaches in some parts of the country.
On the economic front, Obi’s depiction of decline and his verdict that “We are in the worst possible condition” ignore verifiable data and global plaudits for President Tinubu’s economic and social policies. President Tinubu inherited what another successor of Peter Obi described as ‘a dead horse economy’. When he came on board in May 2023, President Tinubu introduced bold, courageous policies that his predecessors had shied away from. Since then, the Nigerian economy has posted positive GDP growth every quarter, surpassing the global average. Trade surpluses have been recorded consistently, and foreign reserves have hit new highs—over $50 billion. Oil production has risen from less than one million barrels per day to about 1.8 million, reversing years of decline. Federation revenue is projected to hit over N30 trillion this year, far above the 2022 level of N7.7 trillion. By May this year, N15.7 trillion has already been collected, more than twice the entire revenue collected in 2022. State governments now have more resources to pursue development projects in education, infrastructure, health care, housing, and so on. The stock market has soared, with the All-Share Index rising from 50,000 to over 250,000, creating wealth for about 6 million Nigerian investors. The Naira-to-dollar exchange rate has been stable. Foreign Direct and Portfolio Investments are at record highs, reflecting renewed investor confidence, especially in the oil and gas sector.
President Tinubu has also set records in infrastructure delivery, building concrete roads that will last 100 years or more across all the country’s geopolitical zones and actualising the Lagos-Calabar and Sokoto-Badagry superhighways, roads dreamt of for decades.
Unlike leaders before him, President Tinubu has proven not only to be a reform-minded and courageous leader but also an innovator, for instance, replacing expensive petrol and diesel with CNG and offering close to two million Nigerian tertiary students interest-free loans to pursue their education. Are conditions worsening in our country when, in three years of Tinubu’s leadership, we have recorded no disruption of the academic calendar by trade unions such as ASUU or NASU? That is one of President Tinubu’s campaign promises to our students: a four-year programme will be a four-year programme. It has been a promise well kept, which Obi, in his penchant for bad news, has never sung about and will never acknowledge.
Concerning President Tinubu’s campaign promises on power supply, it is misleading for Peter Obi to parrot the claim that candidate Tinubu guaranteed 24-hour electricity for all. What he actually said on that occasion in Lagos and which Obi and his followers have consistently misquoted, for the sake of mischief, was: “Whichever way, by all means necessary, you will have electricity, and you will not pay for estimated bills anymore. A promise made will be a promise kept. If I don’t keep the promise and I come for a second term, don’t vote for me—unless I give you adequate reasons why I couldn’t deliver.”
The first policy President Tinubu implemented upon taking office was to sign the Electricity Act, which enables states to generate, transmit, and distribute electricity independently of the centralised grid system. To end the fraudulent estimated billing, his administration has rolled out millions of prepaid meters and plans to install seven million more. Power generation is increasing. The government has intensified its provision of off-grid solar power to schools, hospitals, and markets in many parts of the country. The real challenge remains transmission infrastructure and sustainable pricing, which are now being addressed, to attract fresh investment into the sector.
No one denies that Nigeria has challenges, especially regarding the high cost of living. But any honest politician will agree this is a global problem resulting from the tensions in the Middle East. Just recently, as inflation was receding in Nigeria, a disruption to the global economy occurred when America and Israel attacked Iran, and Iran responded by closing the Strait of Hormuz, creating disruption in the global supply system and high prices of many commodities, including crude oil.
Peter Obi’s call for President Tinubu’s resignation is childish and hollow. It is not a call to hold the leader accountable. It is merely a political grandstand and an unworthy distraction just hours after President Tinubu’s party recorded resounding victories in the weekend polls.
Leadership is about determination to confront the challenges facing our country and the economy. President Tinubu focuses on solutions, not rhetoric—investing in reforms, stabilising the economy, improving security, and laying the groundwork for a more prosperous Nigeria. He is not waiting to learn from Bangladesh, Rwanda or Egypt. He has a team of thinkers and doers. And Nigeria, under him, has been an exemplar for other nations to copy.
True leadership means staying the course, learning, adapting, and delivering results. President Tinubu has shown he is up to the task, and Nigeria is on the path to progress.
With his puerile tweet on X, we are now convinced that Peter Obi lives in his self-constructed echo chambers, where he reels off lie after lie to himself and believes his self-created reality about the situation in Nigeria. We sympathise with him. That reality he fantasises about is mostly a figment of his imagination.
