“Businesses Collapsing, Tinubu Has Messed Up the Country, Don’t Let Him Return For 2nd Term” – Obasanjo Tells Nigerians

Former President Olusegun Obasanjo has launched a scathing critique against President Bola Tinubu’s administration, accusing the federal government of gross incompetence that has led to widespread business closures and severe economic hardship across the country.

Speaking on Monday during the 7th Presidential Youth Mentorship Retreat, themed ‘African Youth Renaissance’, at the Olusegun Obasanjo Presidential Library in Abeokuta, the elder statesman warned Nigerians against re-electing President Tinubu for a second term in 2027.

Obasanjo painted a grim picture of Nigeria’s current economic landscape, noting that entrepreneurs who previously operated thriving enterprises are now struggling to keep their doors open. He pointed to a growing wave of factory shutdowns, shuttered retail shops, and rising youth unemployment as direct consequences of poor economic governance.

“Many Nigerians who were running successful businesses in the past are today finding it difficult to survive,” Obasanjo remarked, calling attention to the soaring costs of staple foods, fuel, and daily essentials that continue to erode the purchasing power of ordinary citizens.

The former president urged the youth and the broader electorate to use their votes in the 2027 general elections to chart a new course for the nation, insisting that Nigeria requires capable leadership capable of rebuilding its fragile economy rather than extending the current policy direction.