Omokri: Tinubu Added $67 Billion to Nigeria’s GDP, Boosted Obi’s Wealth
His words
Yesterday (Monday, February 16), in a podcast, Peter Obi was boasting about his wealth. Yes, Mr Obi is rich. But what he did not tell Nigerians during that broadcast is that he owes much of his wealth to President Bola Tinubu. And I will prove it to you. In 2022, before President Tinubu was elected, Peter Obi’s bank earned ₦337.1 billion for the whole year. But in just the first six months of 2025, that same bank earned ₦748.7 billion. Not the whole year.
Just the first six months of 2025. They are expected to earn ₦1.5 trillion by the time their full-year 2025 earnings are released. This is even as the total market capitalisation of the Nigerian Exchange stood at ₦27.915 trillion on December 30, 2022. Today, it is ₦122 trillion. Almost five times what it was before President Tinubu was elected.
Omokri, a staunch critic of Obi, continued: “Additionally, in just two years, President Tinubu added $67 billion to Nigeria’s GDP, moving us from a ₦269.29 trillion economy on May 29, 2023, when he became President, to ₦372.8 trillion today. Do not forget that President Tinubu inherited a huge debt burden of $113 billion, and has reduced it to $97 billion, which may be why The Economist Magazine reported last month that Nigeria’s “golden years” are likely to return due to President Tinubu’s reforms, and the IMF listed Nigeria as the sixth-largest contributor to the rise in global GDP in 2025, a fact celebrated by Elon Musk, the world’s richest man.”
