Obi Questions ₦3.3tn Power Sector Approvals, Calls for Transparency
By Editor
Former presidential candidate Peter Obi has raised concerns over fresh approvals totaling ₦3.3 trillion in the power sector, calling for transparency and accountability in how the funds are being managed.
Obi’s queries centre on recent budgetary approvals linked to power debt and obligations, which he says lack clear justification and could worsen Nigeria’s financial liabilities if not properly monitored.
He urged relevant authorities to explain the basis for the allocations and to ensure that public funds are used efficiently and in the national interest.
Obi emphasised the need for sound fiscal management in the power sector, warning that unchecked spending could deepen the country’s economic challenges.
His call for accountability comes amid broader debates over Nigeria’s budget priorities and public finance transparency.
The development has reignited discussions around how government resources are allocated and overseen, particularly in sectors critical to national development.
Obi’s position has drawn attention from civil society groups and analysts, many of whom support demands for greater openness in the approval and utilisation of large public expenditures.
The former Anambra State governor’s demand underscores growing public scrutiny over government financial decisions ahead of upcoming national elections.