Peter Obi’s lies on debt chasing foreign investors away from Nigeria – Omokri

Former presidential spokesman, Reno Omokri, on Wednesday disclosed that former Labour Party presidential candidate, Peter Obi, lied about Nigeria’s debt profile.

Omokri said Obi’s lies regarding Nigeria’s debt are scaring foreign investors away from the country.

He disclosed this while featuring on Channels Television’s Politics Today.

Omokri also disclosed that some foreign investors based in Nigeria are willing to leave the country due to Obi’s lies.

According to Omokri: “That is not true. He doesn’t rile me up. I rile him up.

“The reason why I came here is because I’m a patriot. Peter Obi lied. You know, foreign direct investors are watching your programme, who are making investment decisions not to come to Nigeria. There are foreign investors in Nigeria that are making investment decisions to leave Nigeria because of the lie he told.

“One of the lies he told is that President Tinubu has borrowed more than the administrations of Yar’adua, Jonathan, Buhari. That is a blatant lie.

“I have here with me data from the Debt Management Office, and Nigerians who are watching can go to DMO.com and search Debt Management Office, Nigeria State of Indebtedness 2015.

“As of 2015, Nigeria was owing a total of 63 billion dollars. When Buhari was leaving office, Nigeria was owing 113 billion dollars. Today, from the DMO, our debt has gone from 113 billion dollars to 97 billion dollars, meaning that Tinubu has reduced our debt by over 14 billion dollars.

“We should be appreciating this man. Yet Peter Obi came here and lied to the Nigerian people. He took the debts and translated them into naira to make it look like the debts have increased.”

Peter Obi’s lies on debt chasing foreign investors away from Nigeria – Omokri