Obi Slams Government Over New Presidential Jets Amid Economic Crisis

Presidential Candidate of the Labour Party (LP) in the previous year’s election, Peter Obi, has criticized the Federal Government for considering the acquisition of new aircraft to expand the existing Presidential fleet.
In a statement on his X platform, Obi expressed his disapproval of the decision, deeming it unacceptable and a blatant display of disregard for the plight of the Nigerian populace.
“At a time when our nation is making headlines in global newspapers due to its most severe economic crisis, characterized by soaring inflation, a depreciating currency, and widespread poverty, the government’s contemplation of procuring new presidential jets is highly inappropriate.
“This showcases a profound lack of empathy towards the hardships faced by citizens. Given the escalating insecurity, poverty, hunger, and homelessness, this choice underscores the evident disconnect between the government and the people.

“This decision is unwarranted, especially considering the current state of the country, which necessitates a more compassionate allocation of resources, with a focus on the well-being of citizens. It is worth noting that our presidential jets have an average age of 12 years, procured at a time when the majority of Nigerians could afford basic necessities. Now, as our nation grapples with significant challenges, including a substantial debt burden, our citizens are in dire need,” Obi remarked.

Despite Nigeria’s descent to the position of the fourth-largest economy in Africa, with a GDP of $252 billion and a per capita income of $1,080, coupled with substantial debt obligations and borrowing to service debts, the country allocated $15 million for the Vice President’s residence. In contrast, the USA, the world’s largest economy with a GDP of $25 trillion, approximately 100 times larger than Nigeria’s GDP, and a per capita income of $80,000, around 80 times higher than Nigeria’s, houses its Vice President at Number 1 Observatory Circle, a residence constructed over a century ago, valued at less than the $15 million spent on the Nigerian VP’s residence.
Obi highlighted, “A reputable real estate firm has estimated the current value of the US Vice President’s Official Residence at approximately $7.5 million. While our previous refurbishment of the old VP residence cost $2 million, the US Vice President’s century-old residence has only undergone extensive renovations twice, funded by taxpayers’ money, in 1993 and 2021. Each new US VP is responsible for financing any minor refurbishments personally.
“It is imperative to cease this flagrant display of disregard, insensitivity, and audacity, and redirect our focus towards addressing the needs of our populace. We must prioritize education, healthcare, and elevating our citizens out of poverty. Let us collaborate to construct a nation that genuinely serves its people, not just the interests of a select few.”