{"id":235567,"date":"2025-09-10T22:14:13","date_gmt":"2025-09-10T22:14:13","guid":{"rendered":"https:\/\/abiaradiostations.name.ng\/news\/reckless-borrowing-mortgaging-nigerias-future-peter-obi-laments\/"},"modified":"2025-09-10T22:14:13","modified_gmt":"2025-09-10T22:14:13","slug":"reckless-borrowing-mortgaging-nigerias-future-peter-obi-laments","status":"publish","type":"post","link":"https:\/\/abiaradiostations.com.ng\/news\/reckless-borrowing-mortgaging-nigerias-future-peter-obi-laments\/","title":{"rendered":"Reckless borrowing mortgaging Nigeria\u2019s future \u2013 Peter Obi laments"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"400\" src=\"https:\/\/politicsnigeria.com\/wp-content\/uploads\/2025\/07\/Peter-Obi-2.png\" class=\"attachment-large size-large wp-post-image\" alt=\"\" \/><\/p>\n<p>Former Anambra governor, Mr Peter Obi, has called on Nigerian accountants, especially women, to lead the fight against reckless government borrowing and wasteful spending.<\/p>\n<p>Obi, Labour Party\u2019s presidential candidate in the 2023 elections, spoke on Wednesday at the investiture of Blessing Ngozi Osakwe as the 12th president of the Society of Women Accountants of Nigeria (SWAN) in Lagos.<\/p>\n<p>He said unchecked financial mismanagement was mortgaging the future of younger generations.<\/p>\n<p>\u201cWe are borrowing and spending away the future of our children. This recklessness must stop. You, as professionals, must hold those in power accountable,\u201d Obi said.<\/p>\n<p>The Labour Party presidential candidate in the 2023 elections, cited his experience in both the banking sector and public service, noting that female professionals played key roles in ensuring fiscal discipline.<\/p>\n<p>He recalled that a female risk manager had prevented costly mistakes during his tenure as bank chairman, while two female accountant-generals and a female finance commissioner enforced prudence during his time as governor.<\/p>\n<p>\u201cWomen accountants have the integrity and courage to demand fiscal discipline where others might compromise,\u201d he said.<\/p>\n<p>Obi urged SWAN members to speak truth to power and demand transparency in public finance.<\/p>\n<p>He described the moment as critical for Nigeria\u2019s economic future, adding, \u201cNigeria\u2019s survival depends on people like you refusing to look away. A new Nigeria is not just a dream; it is possible.\u201d<\/p>\n<p>The article was originally published on Politics Nigeria.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former Anambra governor, Mr Peter Obi, has called on Nigerian accountants, especially women, to lead the fight against reckless government borrowing and wasteful spending. Obi, Labour Party\u2019s presidential candidate in the 2023 elections, spoke on Wednesday at the investiture of Blessing Ngozi Osakwe as the 12th president of the Society of Women Accountants of Nigeria [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":235568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[5],"tags":[],"class_list":["post-235567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"amp_enabled":true,"jetpack_featured_media_url":"https:\/\/abiaradiostations.com.ng\/news\/wp-content\/uploads\/2025\/09\/Peter-Obi-2.png","_links":{"self":[{"href":"https:\/\/abiaradiostations.com.ng\/news\/wp-json\/wp\/v2\/posts\/235567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abiaradiostations.com.ng\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abiaradiostations.com.ng\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abiaradiostations.com.ng\/news\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/abiaradiostations.com.ng\/news\/wp-json\/wp\/v2\/comments?post=235567"}],"version-history":[{"count":0,"href":"https:\/\/abiaradiostations.com.ng\/news\/wp-json\/wp\/v2\/posts\/235567\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abiaradiostations.com.ng\/news\/wp-json\/wp\/v2\/media\/235568"}],"wp:attachment":[{"href":"https:\/\/abiaradiostations.com.ng\/news\/wp-json\/wp\/v2\/media?parent=235567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abiaradiostations.com.ng\/news\/wp-json\/wp\/v2\/categories?post=235567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abiaradiostations.com.ng\/news\/wp-json\/wp\/v2\/tags?post=235567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}