{"id":119662,"date":"2025-06-12T18:01:49","date_gmt":"2025-06-12T17:01:49","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=119662"},"modified":"2025-06-12T20:24:33","modified_gmt":"2025-06-12T19:24:33","slug":"june-12-politicians-endorsing-failure-celebrating-state-capture-obi-laments","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/june-12-politicians-endorsing-failure-celebrating-state-capture-obi-laments\/","title":{"rendered":"June 12: Politicians endorsing failure, celebrating state capture, Obi laments"},"content":{"rendered":"
By Myke Agunwa<\/div>\n
<\/div>\n
The 2023 Presidential Candidate of Labour Party (LP), Mr. Peter Obi has scored the administration of President Bola Tinubu very low over his inability to deliver on his mandate with the people just as he knocked political leaders for endorsing Tinubu\u2019s anti-democratic policies and celebrating what he described as state capture.<\/div>\n
<\/div>\n
Obi in a goodwill message to Nigerians to mark the 2025 Democracy day, lamented that the President has lost touch with the reality in Nigeria. He said that while the President has made over 30 international trips since he assumed office, he could not deem it fit to spend some time and travel to different parts of Nigeria to get firsthand information on the horrible state of the country but prefers to get a feedback through remote sources.<\/div>\n
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According to Obi, \u201cGoverning by remote is not what Nigerians need, you need to go round and get firsthand information. The President should stop touring outside Nigeria and use his remaining 2 years to tour the Nigerian states instead. Mr. President you have already made over 30 international trips, spending nearly 150 days abroad. If you tour Nigeria\u2019s 36 states and dedicate just 2 days to tour each state, it would take only 72 days for you to do so, less than half the time you have already spent in other areas of the country on foreign trips. You need to go around the country to see\u201d.<\/div>\n
<\/div>\n
He said that the President should introduce some reforms in the system that will ensure credible elections instead of celebration the defection of politicians into the All Progressives Congress (APC).<\/div>\n
<\/div>\n
He called on Tinubu \u201cto emulate late President Umaru Yar\u2019Adua, who was honest enough to admit the process that brought him into office was wrong and not sufficiently credible, ” and insisted on rapidly doing what is right to save our democracy. And similarly, President Goodluck Ebele Jonathan saved our nascent democracy by accepting defeat even before the election result was announced.<\/div>\n
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\u201cWe must end this troubling governance era that is filled with impunity, state capture, and absolute disregard for the rule of law and the checks and balances required of any worthwhile democracy.\u201d<\/div>\n
<\/div>\n
He said that under Tinubu all the indices of democracy are lacking in the polity.<\/div>\n
\u201cIn its present state, our dear country, Nigeria, cannot be justly classified as a democratic country. The vital indications of democracy are noticeably absent. Some do not even exist. Democracy is said to be \u2018a government of the people, by the people, and for the people,\u2019 yet none of these three measures exist in our democracy today.<\/div>\n
<\/div>\n
\u201cRules, regulations, and requirements to participate in elections or be elected are not followed, consequently, individuals who are to be disqualified ab initio are now holding public offices.<\/div>\n
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\u201cIt is most troubling that in its two years in office, the present government has brought the nation to the point where our leaders now celebrate and endorse failure, lies, and propaganda. The government today, rather than showing genuine accountability and measurable progress, focuses on manipulating narratives, gaslighting the public, shifting blame and weaponising poverty.\u201d<\/div>\n
<\/div>\n
He expressed sadness that \u201cNigerians live in a worsening and worrisome insecurity, widespread corruption, hunger, and general despondency. There are no clear benchmarks for measuring tangible development, as we continue to witness the collapse of key indicators, like education, healthcare, and poverty alleviation, which are presently measuring national progress. Our country today can best be described as a nation declining fast in all its facets. The security of lives and property has worsened, and the rule of law is virtually non-existent. These are the hard-verifiable facts:<\/div>\n
<\/div>\n
\u201cOn May 29th, 2023, when the administration was sworn into office, Nigeria\u2019s Gross Domestic Product (GDP) stood at $364 billion. As of today, it has declined to $188 billion, a decline of almost fifty percent (50%).<\/div>\n
\u00a0\u201cNigeria\u2019s GDP per capita was $1,640 as of May 2023, but today it has dropped drastically to about $835, a devastating decline of about 50%.<\/div>\n
<\/div>\n
\u201cNigerians living in multi-dimensional poverty increased from 38.9% to 54% within this period, with about 129 million Nigerians now living below the poverty line. The World Bank reported recently that 75% of Nigerians in rural areas now live in poverty as of 2025, and even more than previously recorded in the urban areas.<\/div>\n
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\u201cToday, more than 18.3 million Nigerian children are out of school, the highest number in the world. The quality of education in Nigeria is also deteriorating rapidly. Many of our children are being taught sciences without any science labs and computer studies without any computers. Students are now writing WAEC and other national exams in the dark, relying on candles. There are now even glitches in their exams\u201d.<\/div>\n
<\/div>\n
Obi said that the healthcare services have worsened drastically, as \u201cthe National Primary Health Care Development Agency decried that less than 20% of over 30,000 Primary Health Care Centres across the nation are fully functional. I have even recently visited some health centers where delivery rooms were without toilets. The United Nations recently reported Nigeria as the world’s worst country to give birth in, with one death recorded every seven minutes.\u201d<\/div>\n
<\/div>\n
He equally lamented that Nigerian businesses have continued to collapse at alarming rates. \u201cWithin the past two years, approximately 7 million Small and Medium Enterprises (SMEs) shut down across Nigeria. Over 80 manufacturing companies have permanently closed their operations. Funding costs, including the cost of raw materials and energy, have surged to an incredible level, forcing these manufacturers to shut down.<\/div>\n
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\u201cOver 15 major multinationals (including GlaxoSmithKline, Diageo, Procter & Gamble, and Shoprite) have exited Nigeria due to the harsh operating environment.\u201d<\/div>\n
<\/div>\n
He said that the hunger crisis arising from food insecurity has deepened in these 2 years. Based on the Global Hunger Index (GHI) report, he said that Nigeria is now one of the hungriest countries in the world, adding that millions can no longer afford food due to the high costs of food and nonexistent disposable income.<\/div>\n
<\/div>\n
\u201cOur national population is experiencing a mental health crisis as the mental health and stress levels in this period have increased drastically. Nigeria is now one of the top three (3) most stressful countries in the world. Fifty-nine percent of the organisation\u2019s population is under daily stress. Mental health experts and advocates have warned that the present situation in Nigeria is having extremely adverse effects on the population as it contributes to anger, anxiety, and depression levels in the country. The World Health Organisation is concerned that over 20 million Nigerians are now affected by mental illness\u201d<\/div>\n
<\/div>\n
The former Anambra state Governor noted that despite the trillions of naira purportedly saved from the removal of fuel subsidy (a policy initially justified as a means to curb borrowing), the government has, within two years, borrowed far more money than the administrations of President Umaru Yar\u2019Adua, President Goodluck Jonathan, and President Muhammadu Buhari combined.<\/div>\n
<\/div>\n
\u201cToday, Nigeria\u2019s overall public debt is estimated at close to \u20a6188 trillion. Nigerians were informed that these borrowed funds would be allocated to critical sectors of development. Still, there has been no significant improvement in education, healthcare, or poverty alleviation; critical sectors that are vitally important for national development.<\/div>\n
<\/div>\n
\u201cBrazen Corruption is at its worst under this administration. Nigeria has now become a crime scene. Now our national budget is routinely inflated and padded without consequences. One of the most glaring manifestations of this is the extensive padding of the 2025 national budget. BudgIT revealed that about \u20a67 trillion was questionably inserted by the National Assembly. These figures suggest a pattern of inflated costs and misappropriation of funds.\u201d<\/div>\n
<\/div>\n
Obi added that power supply and unemployment are getting worse while the government uses propaganda to paint a picture of the actual situation in the country.<\/div>\n","protected":false},"excerpt":{"rendered":"

By Myke Agunwa The 2023 Presidential Candidate of Labour Party (LP), Mr. Peter Obi has scored the administration of President Bola Tinubu very low over his inability to deliver on…<\/p>\n","protected":false},"author":1,"featured_media":111185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-119662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nJune 12: Politicians endorsing failure, celebrating state capture, Obi laments - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/june-12-politicians-endorsing-failure-celebrating-state-capture-obi-laments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"June 12: Politicians endorsing failure, celebrating state capture, Obi laments - 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