Peter Obi lied about Nigeria’s debt — Reno Omokri claims

Reno Omokri, a former presidential aide, has publicly accused Peter Obi, the Labour Party’s 2023 presidential candidate, of disseminating false information regarding Nigeria’s debt profile.

Omokri claimed these alleged falsehoods are actively deterring foreign investors from the country.

During an appearance on Channels Television’s “Politics Today” on Wednesday, Omokri asserted that Obi’s statements about Nigeria’s debt were “misleading and damaging” to the nation’s economic prospects.

Omokri went on to allege that some investors currently operating within Nigeria are now contemplating exiting the market as a direct result of Obi’s remarks.

He said:

“That is not true. He doesn’t rile me up. I rile him up.

“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.

“I have here with me data from the Debt Management Office, and Nigerians who are watching can go to DMO.gov.ng and search Debt Management Office, Nigeria State of Indebtedness 2015.

“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.” [CONTINUE READING HERE]>>>>