The Chairman of Coscharis Group, Cosmas Maduka, has opined that the 2023 Labour Party presidential candidate, Peter Obi, would not have done anything different from what the Tinubu-led administration is doing regarding the economic hardship in the nation if he had emerged victorious during the polls.
Speaking on Mic On podcast with Seun Okinbaloye on Saturday, February 22, the business magnate argued that Nigeria is on the right path despite economic difficulties, stressing that key policies, such as subsidy removal, were inevitable regardless of who was in power.
“People have asked me, will Peter Obi have done anything different if he won the election? I said no. He would have removed subsidy from day one also,” he said.
On concerns over the naira’s depreciation and economic hardship, Maduka acknowledged the challenges but insisted that government must reinvest subsidy savings into infrastructure to benefit the wider public.
“If the funds are used productively, there will be progress,” he stated, warning that failure to do so would leave the country stagnant.
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Peter Obi would not have done anything differently
– Cosmas Maduka
— @𝗼𝗻𝗲𝗷𝗼𝗯𝗹𝗲𝘀𝘀𝗯𝗼𝘆 (@OneJoblessBoy) February 23, 2025