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Peter Obi, the 2023 Labour Party presidential candidate, has called for a 60% reduction in the cost of governance in Nigeria.
Obi’s comments were in response to President Bola Tinubu’s recent announcement of a 60% cut in travel expenditure for government officials.
While Obi acknowledged this as a positive step, he argued that it was only scratching the surface and called for further reductions in overseas trips and the size of delegations.
Obi emphasized the need for a 60% reduction in the total cost of governance at the federal level, stating that this would have a meaningful impact on the economy.