Peter Obi has renewed his criticism of Nigeria’s economy. The former Labour Party presidential candidate said many business owners have suffered under the current administration.
ABUJA, FCT — Peter Obi said businesses that were operating when President Bola Tinubu assumed office have declined significantly, claiming that some entrepreneurs now sell kuli-kuli to make a living. Obi made the remarks while commenting on the country’s economic situation during a recent public engagement.
Why He Made the Remark
According to Peter Obi, worsening economic conditions have placed heavy pressure on businesses and households across Nigeria. He argued that rising costs, inflation and reduced purchasing power have made it difficult for many enterprises to remain profitable.
Obi has consistently called for policies that support production, investment and job creation, saying they are necessary to revive the economy.
What Peter Obi Said
Speaking on the state of the economy, Peter Obi said:
“Those with businesses when Tinubu came in now sell kuli-kuli.”
The remark reflects Obi’s criticism of the economic policies of the current administration. The Presidency had not responded to this specific statement at the time of publication.
Who Is Peter Obi?
Peter Obi is the former Governor of Anambra State and the Labour Party’s presidential candidate in the 2023 general election. He remains one of Nigeria’s leading opposition figures and frequently comments on governance, economic management and public policy.
Obi has repeatedly urged the Federal Government to prioritise measures that increase production, attract investment and improve the living conditions of Nigerians.
What This Means for Nigeria
The development means economic performance is likely to remain a major issue in Nigeria’s political discourse. Statements by opposition leaders such as Peter Obi are expected to fuel further debate over the impact of government policies on businesses, employment and the cost of living. The Federal Government has maintained that its economic reforms are designed to stabilise the economy and deliver long-term growth.
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