Omokri said Obi relied on the ignorance of Nigerians regarding facts to “play Yahoo Plus” on them.
Former presidential aide Reno Omokri has launched a scathing attack on ex-Labour Party candidate Peter Obi, branding him a “manipulative liar” for claiming President Bola Tinubu’s administration borrowed more than previous governments. In a June 13 social media post, Omokri accused Obi of exploiting “Naira equivalent” debt figures to deceive Nigerians, arguing that currency devaluation—not new borrowing—explains the rise in nominal debt. “Peter Obi lied, and when he lies, he speaks his native language,” Omokri wrote, alleging Obi “counts on your ignorance… to play Yahoo Plus on you”—a reference to advanced financial fraud .
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Omokri clarified that while Nigeria’s public debt surged in naira terms—from ₦87.379 trillion when Tinubu took office to ₦144.67 trillion by December 2024—this was primarily due to the naira’s collapse from ₦450–₦550/$1 to ₦1,565/$1 after Tinubu ended currency subsidies and floated the currency 158. In dollar terms, debt actually fell from $108.23 billion (Q1 2023) to $94.23 billion (Q4 2024), undermining Obi’s narrative of reckless borrowing.
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