Former President Olusegun Obasanjo has declared that President Bola Tinubu’s administration has failed Nigerians and urged citizens not to re-elect him for a second term in the 2027 general elections.
Obasanjo made the remarks on Monday, November 9, 2026, while speaking at the 7.0 Presidential Youth Mentorship Retreat, themed “African Youth Renaissance.” The event was held at the Youth Development Centre of the Olusegun Obasanjo Presidential Library in Abeokuta, Ogun State.

Addressing the economic hardship facing the country, the former president blamed Tinubu’s policies and what he described as incompetence for the collapse of businesses, job losses, and rising living costs.
“Tinubu has failed, his incompetence has made many businesses die. Don’t let him come back for a second term,” Obasanjo said.
He lamented that many Nigerians who were previously doing well are now struggling to survive. According to him, shops and factories have closed, while many young people have lost their jobs due to what he called bad policies. Obasanjo also pointed to the soaring costs of food, fuel, and other basic necessities as evidence of the deepening economic difficulties under the current administration.
The former president urged Nigerians not to give Tinubu another four years in office, arguing that the country needs a new direction and a leader capable of fixing the economy. He described the 2027 election as an opportunity for citizens to decide the kind of future they want for themselves and the next generation.
Obasanjo’s comments come amid ongoing public debate over the impact of the Tinubu administration’s economic reforms, including the removal of fuel subsidy and changes to the foreign exchange regime, which have contributed to high inflation and reduced purchasing power for many households.
The remarks mark another in a series of public criticisms by the former president of the current government’s handling of the economy. Video clips of the speech have circulated widely online.