“Shallow Knowledge of Economics and Governance” – Presidency slams Peter Obi over subsidy removal comment

June 10, 2025

By Ayinde Adeleke

The Presidency has criticized Labour Party’s 2023 presidential candidate, Peter Obi, over his remarks on the management of funds saved from the removal of fuel subsidy by the Bola Tinubu administration.

Daniel Bwala, Special Adviser to the President on Policy and Communication, accused Obi of lacking depth in economic and governance matters. According to Bwala, Obi “seem to have Very shallow knowledge of economics and governance.”

Bwala made this known in a statement posted on X, where he reacted to Obi’s call for transparency on the subsidy savings during an interview on Arise News.

Obi urged President Tinubu to provide a detailed account of how his administration has utilized the billions reportedly saved from the removal of fuel subsidy.

Bwala also stated that Obi’s comments were politically motivated, saying “Anybody with rational mind knows these guys are just looking to grab power; but they don’t have any alternative agenda.”

He alleged that Obi was more focused on seeking political power than understanding the complexities of economic policy and public administration.

Bwala wrote on X: “Is anybody watching #PeterObi on Arise TV? He agreed with our policy of removal of subsidy and unifications of the foreign exchange; he claimed he would have done it better than us in an “organized manner”

“He was asked what is the “organized manner” He played with words yet to arrive at agreeing with us.

“Anybody with rational mind knows these guys are just looking to grab power; but they don’t have any alternative agenda.

“He seem to have Very shallow knowledge of economics and governance

“Remember this is even an interview anchored by a member of his Obidient movement ohhh that’s why you don’t hear “I put it to you” no barking like a Rottweiler; Yet “if it didn’t Dey it didn’t Dey.”