Peter Obi's term of office as governor of Anambra characterized by economic stagnation, lapse; APC shoots back on OBI's criticism
The ruling party emphasized what it described as economic milestones under Tinubu’s administration, citing a recent report by Chatham House describing the economy of Nigeria as “the most competitive it was in 25 years”. The All Progressives Congress (APC) has fired at Peter Obi, the workers’ Labor Party presidential candidate, after his criticism of President Bola Tinubu’s economic policy. The ruling party stated that the achievements of the administration “need no opposition valuation.” In a statement signed by his national publicity secretary Felix Morka, the APC OBI’s remarks during an interview on Rise Television described on April 1 as ‘desperate’ and missing a ‘meaningful economic argument’. Obi has accused Tinubu of having poor implementation of economic reforms, claiming that he would have done better if he was elected. However, the APC rejected its remarks as “a symptom of a kater caused by election failure,” and said that opposition politics should involve constructive criticism rather than “wholesale judgment”. The ruling party emphasized what it described as economic milestones under Tinubu’s administration, citing a recent report by Chatham House describing the economy of Nigeria as “the most competitive it was in 25 years”. The statement further criticized the tenure of OBI as a governor of Anambra and accused him of leaving “economic stagnation, infrastructure decay and religious polarization”. The party said OBI’s records as governor are in contrast to Tinubu’s achievements as Lagos -Governor and now as president. The statement states partly: “During an interview on prime time on a origin television On Tuesday, April 1, 2025, Peter Obi, former governor of the state Anambra and presidential candidate of the Labor Party in the General Election of 2023, repeated his usual accusations, claiming that President Bola Tinubu would have performed poorly in the implementation of economic reform and arguing in the face of the unmistakable progress of the administration. If president has done, appears to be a symptom of a protracted kater induced by the election by the election. He must not wake up from the reality that he is not the president. It’s about criticizing what can be wrong while you acknowledge what is right. It is not about wholesale condemnation designed to deceive the public and achieve cheap political points. The steady progress of the Tinubu administration on sectors is unmistakable and clear to all Nigerians to see. “It is ironic that Mr. Obi, whose term of office as governor of the Anambra state – is covered only 21 local government areas – is characterized by economic stagnation, infrastructure decay, ecological disasters and religious polarization, now boasts its ability to rule Africa’s greatest democracy. ” Both the former Governor of Lagos state and now as president, Tinubu, have constantly shown that he can concern the challenges and to change the president. Just as he did for Lagos, he is doing Nigeria now. The economy is gradually returning and posting successive trade surplus and achieving a projected economic growth rate of 3.6 percent for the current financial year. ‘Foreign reserves are expanding, local refineries are in operation, food inflation is falling, and the successful harmonization of multiple exchange rates has increased foreign foreign investment and overpayments. In addition, the Forex market remains relatively stable. ‘ The debt service ratio fell from 98 percent to about 64 percent. Oil production is now 1.8 million barrels per day (MBPD), which exceeds the Organization of Petroleum Exporting Countries (OPEC) quota of 1.5 Mbpd for the first time in years. “The Nigerian Stock Exchange has been repositioned and is now one of the most profitable in the world. The agricultural, mining, steel, manufacturing and creative sectors are expanding everyone to increase the GDP contributions of the non-oil. Recently, Chatham House assessed the economy of Nigeria as the most competitive IT in 25 years.” While global institutions and experts of the president of Tinuubu’s Silent Economic Revolution, OBI-ended members of the experts, they have the penchant of Tinuubu’s silent economic revolution, OBI and his cooperative members of the parties, an increase in the lead of the president of Tinubu, the rise of the prelief of the of the president of Tinubu, the rise of the incident. Rhetoric, refusing to recognize the remarkable achievements of the administration. ” President Tinubu remains unpolished and focused on ensuring good management and improved economic conditions for all Nigerians, ‘the statement concluded.’