The All Progressives Congress (APC) has rejected Peter Obi’s criticism of President Bola Ahmed Tinubu’s government, describing it as a rant from someone experiencing “an extended period of post-election defeat frustration.”
In a statement released on Wednesday, Barrister Felix Morka, who serves as the National Publicity Secretary for the governing party, commented on remarks allegedly made during a Prime Time show on Arise Television on Tuesday by the previous Labour Party contender.
The APC alleged that Obi delivered a comprehensive criticism of the Tinubu administration while intentionally overlooking its accomplishments in nearly every sector.
To tell you the truth, watching Mr. Obi struggle fruitlessly to construct any coherent critique of the economy despite the clear and indisputable evidence of progress from the administration’s reform efforts was quite distressing. Even his usual tactic of exaggerating temporary challenges faced by Nigerians who have backed the President’s ambitious and innovative economic strategy failed to provide him with an escape route. As he stumbled through his presentation on national TV, he ended up looking like a symbol of exasperation and political hopelessness.
Mr. Obi often says, ‘I could have done better as president,’ indicating a prolonged state of disillusionment following electoral defeats. He seems unable to accept that he does not hold the office of presidency. Similar to an unqualified passenger who believes they are a professional racer, Mr. Obi ought to rein in his inflated and misguided sense of self.
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Opposition politics isn’t focused on dismissing the numerous achievements of the administration. Instead, it involves pointing out potential issues while also recognizing the positive aspects. This approach doesn’t aim at overall criticism meant to deceive or gain easy political points. The consistent advancement made by the Tinubu administration in various fields is clear and visible to every Nigerian.
In listing the government’s achievements in reviving the economy, increasing foreign reserves, restoring idle refineries, and reducing inflation, the APC asserted that Tinubu would remain focused despite criticism from figures like Obi. As the former Governor of Anambra State, Obi left behind an unfortunate heritage marked by economic decline, deteriorated infrastructure, environmental crises, and heightened religious tensions.
The declaration went on to say: “As both the previous governor of Lagos State and currently serving as president, Tinubu has proven himself to be an unyielding achiever who fearlessly tackles daunting tasks head-on, converting them into chances for progress. Just like his accomplishments in Lagos, President Tinubu is now driving similar advancements across Nigeria. The country’s economy shows steady recovery, consistently recording enhanced trade surpluses leading to projected economic growth of 3.6% this financial year. Foreign reserves are rapidly increasing, domestic refineries have been restored and put back into operation, food price increases are slowing down, various currency rates have successfully converged which encourages more foreign investment and remittance inflows, and the foreign exchange market remains relatively stable.”
The administration highlights its achievements through the resolved $7 billion foreign currency backlog and Ways and Means debt exceeding $30 billion. They have decreased their debt servicing ratio from 98 percent down to around 64 percent. Oil production has surged past 1.8 million barrels per day (mbpd), breaking OPEC’s long-standing quota of 1.5 mbpd after numerous years. The country’s stock exchange market, which has become among the most lucrative globally, reflects this progress. Additionally, significant growth across various sectors including agriculture, mining, steel, manufacturing, creativity, and others aims at boosting non-oil contributions to Gross Domestic Product (GDP). Recently, Chatham House recognized the national economy as being more competitive than ever before within the last quarter-century.
While global organizations and specialists are praising the quiet economic transformation underway under President Tinubu’s leadership, Obi and his fellow opposition supporters persist in dismissing President Tinubu’s remarkable and unparalleled accomplishments nearing the midpoint of his term.
President Tinubu continues to remain unwaveringly concentrated on achieving effective governance and enhanced economic circumstances for Nigeria’s entire population.
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