The Labour Party candidate in the presidential election, Peter Obi, has challenged the Federal Government to disclose the nation’s incurred deficit by the President Bola Tinubu-led administration.
Obi faulted the Buhari government for failing to disclose the deficit inherited when it claimed the same in 2015 against the preceding Goodluck Jonathan-led government.
The LP presidential candidate further stressed the significance of spending public funds on development sectors like education, security, and healthcare, among others, noting that the Federal Government should reduce its cost of governance, as the citizens await “measurable and verifiable steps” to ameliorate the nation’s economy.
“One major characteristic of responsible governance is transparency and strict accountability. This demands that the government disclose exactly the degree of deficit they inherited. What is inherited should be disclosed to enable the public to know where we are and where we are headed,” he wrote on his X page
Recall that the National Security Adviser, Nuhu Ribadu, on Monday, lamented that the current administration inherited a bankrupt country from the administration of former President Muhammadu Buhari.