The All Progressives Congress (APC) in Lagos State has slammed former Labour Party (LP) presidential candidate, Peter Obi, for criticizing President Bola Tinubu’s borrowing policies.

The Lagos APC Spokesperson, Seye Oladejo said:

“First, borrowing is not inherently reckless. What matters is purpose and prudence.”

“Under President Bola Ahmed Tinubu, borrowing is strategic, tied to critical infrastructure, energy, transportation, and productive sectors.”

“This is the globally accepted practice-even the most advanced economies borrow to fund growth.”

“Second, Peter Obi has no moral authority to lecture anyone about prudence.”

“Nigerians remember that as governor, he left behind unpaid pensions, collapsing infrastructure, and poor human capital indices.”

“For someone who flew around the world in private jets during his campaign while sermonising about cutting costs, the contradictions are glaring.”

“Subsidy removal, currency reforms, and targeted borrowing are difficult but inevitable measures to secure Nigeria’s future. This is leadership in action – not empty moralising.”

“One is a reformer, the other a motivational speaker. Nigerians know the difference.”