2027 presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi has called the Federal Government led by Bola Tinubu ‘incompetent, Ineffective and Corrupt’ citing lack of foreign investment in the country.
In a post on his X account on Wednesday, Peter Obi stated “the APC-led government continue in their delusional celebration of Nigeria’s macroeconomic stability, the warning from the United States Government to prospective investors on inherent risks in Nigeria, further affirms the general and correct assessment that President Bola Tinubu-led government is incompetent, ineffective and corrupt.”
He further cited multiple problems with the country’s regulatory framework noting “In the 2026 Nigeria Investment Climate Statement, the U.S. Department of State clearly flagged corruption, insecurity, inconsistent regulatory enforcement and weaknesses in the judicial system, cargo delays and power sector challenges as key factors undermining investor confidence in Nigeria.”
Obi further called out the government of the day for not being attentive enough to perception of Nigeria by foreign trading partners.
“In a nation with an effective, competent and attentive government, this kind of adverse report would have elicited immediate intervention by the President and Commander in Chief ordering prompt investigation, follow-up and effective action to ensure that our most endowed Nigeria is not perceived negatively by one of our key trading partners, friendly nations and expectedly the global economy. This is even more important given our desperation for Foreign Direct Investment.” He stated.
