Peter Obi wouldn’t have done better than Tinubu – Cosmas Maduka

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  • Business mogul Cosmas Maduka stated that Peter Obi would have implemented similar economic policies as the current government, including subsidy removal
  • He emphasized the need for the government to reinvest subsidy savings into infrastructure to benefit the general public
  • Maduka warned against unproductive borrowing, stressing that loans should be directed towards capital and infrastructural development for long-term growth

Maduka asserted that all of Peter Obi’s campaign promises and manifesto were what Tinubu had implemented already. Image: IG/cosmasmadukaoficialSource: InstagramPeople have asked me, will Peter Obi have done anything different if he won the election? I said no. He would have removed subsidy from day one also, Maduka stated.Businessman weigh in on economic hardshipThe government should be more disciplined to use the money they have removed in the subsidy to put it in infrastructure so that people that you have taken from, those who have been flying private jets from subsidy money, their businesses fall. But if you collect that money from them and put it in ventures that favor the general public, then there is progress, he explained.If you move from one tomb to another, you are still in the same graveyard. You havent gone anywhere, he remarked.Photo credit: FB/Peter Obi, Asiwaju Bola Ahmed TinubuSource: FacebookGospeller speaks about borrowing cultureThe borrowing of a country is not a problem. What is the problem? Are you borrowing for capital development? Are you borrowing for infrastructural development? Because it will pay back itself. But if you are borrowing to take a second wife, if you are borrowing to share money for poverty alleviation, you are deepening the hole that, after we get inside, nobody can bring us out, he stated.There is some level of discipline that is required to curtail excesses from the government. Are we in the right direction? Yes, he concluded.Peter Obi reacts after IBB June 12 admission

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