Politics
Tinubu’s Budget Operation, Recipe For Chaos – Obi
Former presidential candidate of the Labour Party (LP), Peter Obi, has accused the Nigerian government under President Bola Tinubu of concurrently implementing four national budgets.
Obi claims that evidence supports his allegation, asserting that this practice blatantly disregards fiscal responsibility, transparency, and accountability, and could lead to chaos and confusion.
In a statement issued on Saturday via his X (formerly Twitter) handle, the former Anambra State Governor emphasised the need for immediate reversal of this situation in favour of a more responsible and transparent budgeting process.
He criticised both the National Assembly and the executive for allowing such a practice.
“All available evidence has confirmed that the Nigerian government is implementing four national budgets concurrently.
“This is in blatant disregard for fiscal responsibility, transparency, and accountability. It is also a recipe for chaos, confusion, and catastrophe,” Obi stated.
He warned that this reckless approach would result in frivolous items in the approved budgets competing with essential projects for limited resources, exacerbating the suffering of the Nigerian people.
“This intentionally reckless action will lead to frivolous items in the approved budgets competing with essential projects for limited resources, further exacerbating the suffering of the Nigerian people.
“It indicates that the leaders are out of touch with reality and lack the competence to manage our nation’s finances effectively”, Obi argued.
“Unfortunately, this deliberate act of fiscal recklessness is being undertaken by elected representatives of the people, thereby betraying one of the cardinal pillars of democracy.
“Leaders are elected to responsibly manage public resources in an organised way.
“I respectfully appeal and, in fact, demand that this situation be reversed immediately in preference for a more responsible and transparent approach to budgeting.
“We must prioritise the needs of the Nigerian people, not the selfish interests of a few. This is a call to action for all leaders to desist from actions that will further drive the country into economic chaos.
“Neither the National Assembly nor the executive has any excuse to promote or condone such unconscionable behaviour.
“We seek and insist on a nation governed by leaders who are frugal and responsible in their handling of public resources.
“This is the only way we can build a great nation”, he added.
Politics
LP Crisis: Ex-NWC Member Dumps Dumps Abure Faction
Mr Ojukwu, who recently returned to the interim National Working Committee led by Senator Esther Nenadi Usman, noted that the party had 34 elected members in the House of Representatives, eight Senators, and 80 members at the state Houses of Assembly after the 2023 general elections.
“Now we lost all of them,” he said. “I don’t think we have as many as five members in the National Assembly.”
The former national officer of the LP talked to journalists in Abuja and said he chose to join the caretaker committee led by Senator Nenadi-Usman because they are now the officially recognized leaders of the Party.
“I chose to work with the caretaker committee to help save the Labour Party, for the benefit of the party. I also want to use this chance to ask my colleagues at the national, state, and local government levels to come together and help rebuild our party.
“Another election is around the corner. We lost everything we have. They have left to other political parties. So I’ll reach out to all my friends in the other group to get together and work on making this party stronger again.
“The caretaker committee has formed a reconciliation committee. Let’s come together and talk so that we can restore the first opposition political party in Nigeria.”
Mr Ojukwu, who was part of the Julius Abure’s group, said there are no more factions in the LP.
He added, “There is a court ruling, and since it is valid, the right people are in the correct positions.”
He urged Barr Abure and others to drop the legal cases they have filed because they are not helping the party.
“Litigations are killing political parties”, he said. “They’ve seen many political parties disappear because of legal battles, and the Labor Party is losing support every day, which makes me feel sad.”
Mr Ojukwu said he did not think joining the Senator Nenadi-Usman’s NWC was a betrayal of the Abure group, describing himself as “the oxygen” of that faction.
“I’m with this group because of the verdict. But I never betrayed anybody. Rather, I was betrayed,” he added.
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