KOKO Business · 14 Nov 2026
Obi Demands Tinubu Explain Fuel Subsidy Savings and Borrowings

Peter Obi, presidential candidate of the Nigeria Democratic Congress, has requested President Bola Tinubu to provide an account of the ₦15.8 trillion in fuel subsidy savings and over $100 billion in borrowings. This demand was made in an open letter following Tinubu’s visit to Akwa Ibom State.
In addition to seeking transparency on financial matters, Obi also asked for clarification on the current state of electricity supply, referencing Tinubu’s earlier commitment to address the power sector before seeking re-election.
Obi emphasized that accountability and measurable progress in citizens’ lives should form the foundation of a new Nigeria, underscoring the need for transparency and improved public services.