Reno Omokri Links Peter Obi's Wealth to President Tinubu's Economic Management
Reno Omokri, a former special assistant on new media to ex-President Goodluck Jonathan, has made a striking claim that President Bola Ahmed Tinubu's economic policies have significantly boosted the wealth of Peter Obi, the former governor of Anambra State. In a statement posted on his verified X page on Tuesday, February 17, Omokri argued that Obi's financial success is a direct result of Tinubu's stewardship of Nigeria's economy.
Omokri's Assertion: Tinubu Enriched Peter Obi
Omokri detailed his argument by comparing financial data from before and after Tinubu's election. He stated that in 2022, prior to Tinubu's presidency, Peter Obi's bank earned ₦337.1 billion for the entire year. However, in just the first six months of 2025, under Tinubu's administration, the same bank's revenue skyrocketed to ₦748.7 billion. Omokri projected that by the end of 2025, the bank could earn up to ₦1.5 trillion, highlighting a dramatic increase attributed to economic reforms.
Omokri emphasized that this growth is not isolated. He pointed out that the total market capitalisation of the Nigerian Exchange surged from ₦27.915 trillion on December 30, 2022, to ₦122 trillion currently, representing an almost fivefold increase. This, he claims, underscores the broader economic improvements under Tinubu's leadership.
Economic Indicators Under Tinubu's Administration
Further supporting his claim, Omokri cited significant macroeconomic achievements. He noted that in just two years, President Tinubu added $67 billion to Nigeria's Gross Domestic Product (GDP), elevating the economy from ₦269.29 trillion on May 29, 2023, to ₦372.8 trillion today. Despite inheriting a substantial debt burden of $113 billion, Tinubu's administration has reportedly reduced it to $97 billion, a move praised by international observers.
Omokri referenced external validations, including a report from The Economist Magazine suggesting Nigeria's "golden years" are likely to return due to Tinubu's reforms. Additionally, the International Monetary Fund (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.
Omokri's Critique of Peter Obi
As a staunch critic of Peter Obi, Omokri used this data to challenge Obi's public statements. He accused Obi of boasting about his wealth without acknowledging Tinubu's role in its growth. Omokri concluded that both Nigeria and Obi have benefited financially under Tinubu's presidency, implying that Obi's criticisms of the administration are hypocritical given his personal gains.
Omokri wrote, "So, you can see that even Peter Obi's bank is a testament to how well President Bola Tinubu is running the Nigerian economy. That's why he is smiling and showing his full 32 in this photo. Asiwaju has done him well! Both Nigeria and Obi could not have made such monies if Obi was President."
Background and Context
This statement comes amid ongoing political tensions in Nigeria, with Omokri often vocal in his support for Tinubu and criticism of opposition figures like Obi. The discussion ties into broader debates about economic management, wealth distribution, and political accountability in the country.
Previously, Legit.ng reported on related prophecies involving Peter Obi, but Omokri's focus remains on economic data to bolster his argument. His claims highlight the interconnectedness of political leadership and financial outcomes in Nigeria's dynamic landscape.
