The All Progressives Congress (APC) has hit at Peter Obi, former governor of Anambra State and presidential candidate of the Labour Party in the 2023 general elections, for adjudging President Bola Tinubu low on implementation of economic policy reforms.
Reports that during an interview on Prime Time on Arise Television on Tuesday, April 1, 2025, Obi accussed President Tinubu of poor performance in implementing economic policy reform, claiming he would have done better.
Reacting to Obi’s comments, APC emphasized that President Tinubu’s success is undeniable and need no opposition validation.
APC explained that opposition politics is not about denying the administration’s many successes, saying it’s about critiquing what may be wrong but affirming what is right.
“It is not about wholesale condemnation that is only intended to mislead and score cheap political gains. The steady progress of the Tinubu-administration across sectors is undeniable and evident for all Nigerians to see”, it said.
Reacting through a statement by Felix Morka Esq., the Party’s national publicity secretary on Wednesday, APC stated, “Mr Obi’s favourite retort, “I would have done better as president”, must be a symptom of a protracted bout of election failure-induced hangover from which he has not awakened to the reality that he is not the president. Like an unlicensed back seat driver that thinks himself to be a race car driver, Mr Obi needs to tame his bloated and deluded imagination.
“It is hysterical that Mr Obi, who was governor of a failed and forgotten administration in Anambra state of only 21 local government areas would so brazenly boast of his capacity to govern Africa’s largest democracy. Obi bequeathed a sordid legacy of economic stagnation, infrastructural decay, ecological disaster, and religious polarization”.
The statement said President Tinubu is a dogged achiever, bold and unwavering in tackling and transforming difficult challenges into opportunities.
Adding that As he did for Lagos, President Tinubu is now doing for Nigeria with the economy rebounding steadily, posting productivity-enhanced trade surpluses in successive quarters, with a 3.6 percent economic growth forecasted for the current fiscal year; with a fast expanding foreign reserve; with revamped and operational local refineries; with food inflation on the decline; with a successful harmonization of multiple exchanges rates that now supports increased foreign direct investments and flow of remittances into the economy; and with a reasonably stable forex market.
Continuing, APC said the Tinubu-led administration has also posted in its success column, the cleared $7billion forex backlog, and Ways and Means debt of over $30billion; with reduced debt serving ratio from 98 per cent to about 64 percent; with increased oil production in excess of 1.8 mbpd, surpassing the Organisation of Petroluem Exporting Countries (OPEC) quota of 1.5mbpd for the first time in many years; with a repositioned stock exchange market that is now one of the most profitable in the world; with a vastly expanding Agricultural, Mine and Steel, Manufacturing, Creative and several other sub-sectors of the economy, in a push to increase the non-oil contribution to GDP; and with the Chatham House only recently adjudging the nation’s economy as the most competitive it has been in 25 years.
“Whereas global institutions and experts are applauding the unfolding silent economic revolution ably led by President Tinubu, Obi and his co-opposition drummers of empty partisan barrels continue to deny President Tinubu’s superlative and incomparable near mid-term successes and achievements.
“President Tinubu remains undistracted and focused on securing good governance and improved economic conditions for all Nigerians”, the statement reads.