2027: Peter Obi Names Tinubu’s Policy He'll Retain if Elected
Obi said he would pair the naira float with higher productivity and stronger domestic production if he wins in 2027.
- On Thursday, National Democratic Congress presidential candidate Peter Obi announced he would retain President Bola Tinubu's floating exchange rate policy if elected in 2027, though he would prioritize increasing productivity to strengthen the currency.
- The Central Bank of Nigeria implemented the foreign exchange reforms in 2023, allowing market forces to dictate the naira's value; proponents argue the shift removed distortions, though critics link depreciation to rising living costs.
- During a June 2025 interview, Obi argued there was "nothing wrong" with floating the naira, but warned that doing so without domestic production worsens economic pressures; agriculture and manufacturing are essential for stability.
- Formerly the Labour Party's 2023 contender, Obi now represents the National Democratic Congress. He recently appeared at Oyo State Governor Seyi Makinde's presidential campaign office launch, describing Makinde as qualified to lead Nigeria.
- Obi warned against letting tribalism influence the 2027 election, stating "Our election should not be driven by tribalism." His platform prioritizes national unity, security, and rule of law while promising to tackle corruption and improve healthcare and education.
13 Articles
13 Articles
2027: I’ll retain Naira float policy
—Insists on Increasing Domestic Production By Olayinka Ajayi The presidential candidate of the Nigeria Democratic Congress, NDC, Peter Obi, has said he would retain the floating exchange-rate policy introduced by President Bola Tinubu if elected president in 2027, while prioritising increased domestic production to strengthen the naira. Obi stated this during an interview on Arise […]
Obi to retain Tinubu’s floating naira policy if elected, says subsidy regime corrupted
Peter Obi, presidential candidate of the National Democratic Congress (NDC), says he will retain the floating exchange rate regime introduced read more Obi to retain Tinubu’s floating naira policy if elected, says subsidy regime corrupted
2027: Peter Obi names Tinubu’s policy he'll retain if elected
"There’s one: the floating of the naira. I’m not going to defend it. But I’m going to put productivity to work to make it more valuable to the people,” Mr Obi said when asked to identify one policy of the Tinubu administration he would retain
Why I will retain Tinubu’s liberalisation of forex market
Peter Obi, the presidential candidate of the Nigeria Democratic Congress, NDC, has explained why he will retain President Bola Tinubu’s liberalisation of the foreign exchange market if elected President in 2027. Obi made this disclosure in an interview with Arise TV on Thursday. Peter Obi defended the floating of the naira by President Tinubu’s administration in […] Why I will retain Tinubu’s liberalisation of forex market
2027: Obi pledges to retain Tinubu's naira float policy if elected
Peter Obi says he will retain Tinubu’s naira float policy if elected in 2027, but will focus on boosting productivity to strengthen the currency. Read More: https://punchng.com/2027-obi-pledges-to-retain-tinubus-naira-float-policy-if-elected/
Why I’ll Retain Tinubu’s Forex Liberalisation — Peter Obi - NewsTmes.com.ng
The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has said he will retain President Bola Tinubu’s liberalisation of the foreign exchange market if elected president in 2027. Obi disclosed this in an interview with Arise TV on Thursday, while explaining his position on the floating of the naira introduced by the Tinubu …
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