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  • News - North Central - FCT
  • Updated: March 04, 2024

Peter Obi slams N8.4bn car purchase for Tinubu, First Lady amid N5bn for student loan

Peter Obi slams N8.4bn car purchase for Tinubu, First Lady a

Labour Party presidential flagbearer, Peter Obi has berated the federal government for budgeting N8.4 billion to buy exotic cars for the President and the First Lady while only allocating N5 billion of the supplementary budget for student loans and scholarships. 

Peter Obi criticised the policy while giving a speech to commemorate the first anniversary of the 2023 presidential election. 

The former governor of Anambra state strongly condemned what he called a criminal enterprise that must be cut off so that Nigeria as a country will progress. 

Peter Obi noted that all succeeding Nations of the world prioritised the education of their citizens and for Nigeria to succeed our educational system must be given the utmost priority. 

Hence, Peter Obi called out the Presidency over its preference to allocate N8.4 billion to buy exorbitant vehicles instead of using such a budget to finance the sorry state of the Nigerian educational system. 

The LP presidential candidate noted that Nigeria will not move forward if those at the helm of running the affairs of the country make policies such as the one the presidency has made towards the educational system of the country. 

Obi said, "Today the world is competing only on one thing, which is education. If you compare us with every other nation that is doing well, the only reason why they are doing better is because of education. It is shown in studies that the more educated you are, the more your development as a Nation. 

"And then, in Nigeria, to buy vehicles in the supplementary budget for the President is N6.9 billion, to buy cars for the First Lady is N1.6 billion, a total of N8.4 billion but we have for scholarships, for loans for students N5 billion. No country functions like this and this cannot continue." 

During his speech, Obi also talked about other critical issues such as the health facilities in the country and how dilapidated the infrastructures of the health facilities have become while condemning the understaffing plaguing the health facilities as well. 

He further criticised the construction of a N21 billion health facility in Aso Rock where the occupants do not even go to hospitals in Nigeria. 

In strong words, Obi asserted that such criminal enterprises should be cut off. 

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