“You Are Spinning A Web Of Deceit” – Presidency Cries Foul Over Obi’s GDP Statistics Comments

Presidency Peter Obi GDP Statistics


The Presidency criticized Peter Obi for his comments on Nigeria’s GDP, calling his statistics misleading and questioning his motives.

EKO HOT BLOG reports that the Presidency has criticized Labour Party (LP) presidential candidate Peter Obi for his comments on Nigeria’s Gross Domestic Product (GDP) statistics. Obi, the former Governor of Anambra State, expressed concerns over the ongoing economic crisis, recalling that Nigeria had the largest economy in Africa in 2014.

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On his official account on X, Obi noted that the economy started to decline in 2015. He highlighted a significant contrast between Nigeria’s economic growth during its early post-democracy years and its current state.

Obi stated that from 1999 to 2014, Nigeria saw an average GDP growth rate of approximately 6.72%. However, this growth dropped to 2.79% in 2015, leading to an economic downturn in 2016.

In response, Bayo Onanuga, Special Adviser to the President on Information and Strategy, accused Obi of using misleading statistics and questioned his motives for reviewing the economy at this time.

Onanuga said Peter Obi aims to work up his mob plotting to destabilise the country from next week.

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He wrote, “Labour Party failed presidential candidate, Peter Obi has come up with his misleading, half-truth statistics again. The big question is why this economic review at this time?. The motive is clear: he wants to work up his mob plotting to destabilize the country from next week.”

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