Obi Warns Against Budget Mismanagement, Urges Clear Fiscal Planning

Former presidential candidate Peter Obi has raised concerns about the state of Nigeria’s budgeting process, describing it as disorganized and counterproductive. He highlighted that the existence of multiple active budgets at the same time has created uncertainty and hindered proper planning across government agencies.

Obi warned that such overlapping financial plans reduce transparency and make it difficult for citizens to track how public funds are being used. He urged the government to adopt a streamlined budgeting approach, with clear timelines and full disclosure of project allocations.

According to Obi, disciplined financial management is essential for national development, and failing to implement it could stall economic growth. He stressed that a structured budget system is crucial for ensuring accountability, effective spending, and long-term prosperity.

He concluded by calling on policymakers to prioritize fiscal responsibility and to prevent confusion that could undermine public trust and the nation’s economic stability.