Peter Obi is a Manipulative Liar – Reno Omokri Fires Back Over Debt Claims Against Tinubu

Reno Omokri, a former presidential aide and political commentator, has launched a scathing attack on Peter Obi, the 2023 Labour Party presidential candidate, accusing him of spreading false information about Nigeria’s current debt profile under President Bola Ahmed Tinubu. Eyes Of Lagos reports,

In a statement shared via his official handle on X (formerly Twitter), Omokri claimed that Obi manipulated figures to give the false impression that the Tinubu administration has borrowed more than all past Nigerian presidents combined — including Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan, and Muhammadu Buhari.

“Peter Obi blatantly lied about President Tinubu borrowing more money than his predecessors. Nigeria’s debt has actually reduced from $108.2 billion on May 29, 2023, to $94.2 billion today,” Omokri wrote.

Exchange Rate Twist? Omokri Breaks Down the Numbers

Omokri explained that Obi’s claims were based on Naira-denominated calculations, which he says are misleading due to the current floating exchange rate of over N1560/$1.

According to him:

• May 2023 Debt: $108.2 billion or ₦49.85 trillion (when Naira was ~₦400/$1)

• End of 2024 Debt: $94.2 billion or ₦144.67 trillion (at ₦1536/$1)

He argued that while the Naira value of the debt may seem larger, the actual dollar value of Nigeria’s debt has reduced by over $14 billion under President Tinubu.

“Peter Obi used the current exchange rate to inflate debt figures and scare the public. That’s not just deceptive, it’s dangerous,” Omokri added.

“Peter Obi Is a National Security Threat” – Omokri

Omokri didn’t mince words, calling Peter Obi a “manipulative trader” whose “desperation to become president” could pose a risk to Nigeria’s national security and economic stability.

“Foreign investors may believe his lies and withdraw or avoid investing in Nigeria. That would hurt every Nigerian,” he warned.

He further promised to appear on a live television program to present what he called “irrefutable evidence” from the Debt Management Office (DMO) to debunk Obi’s claims.

Obi Yet to Respond

As of the time of this report, Peter Obi has not publicly responded to Reno Omokri’s latest accusations. However, the former Anambra governor has consistently raised concerns about Nigeria’s debt sustainability, fiscal mismanagement, and the cost of governance.