Momodu stated this via an open letter addressed to the president on his X account on Thursday.
He argued that the minister of the Federal Capital Territory (FCT), Nyesom Wike, has publicly disrespected Tinubu through his actions.
Momodu warned of potentially severe consequences if the situation is not addressed promptly.
In his letter, the PDP chieftain positioned himself as a concerned friend with a long-standing relationship with the President.
He wrote, “Your new disciple, Nyesom Wike, has publicly disrespected you in the Fubara matter.
“You need to sanction him before he throws Nigeria into total chaos.
“Nigeria is in big trouble. Our economy has virtually collapsed. And what’s the way out? You’ve been wasting too much money at a time that requires absolute frugality. Please, stop this reckless propensity for wasting scarce resources.
“Purchasing Presidential jets, building outlandish monuments, distributing cash as palliatives, etc, are signs of a failed and careless government. If you can curb the excessive spending of your government, you will free up a lot of resources for serious development.”
He criticised what he perceives as wasteful spending by the administration, urging for absolute frugality in these challenging times.
“I believe you’re frittering away our resources because you desperately crave a second term. But the best assurance of a second term is Performance. Nigerians are not expecting you to turn water into wine but they don’t want you to turn their wines into water.
“Here are my tips: invest in vocational skills for our highly talented youths who can demonstrate their capacity for hard work. Invest heavily in local agriculture. Upgrade our institutions of learning. Giving cash to politicians to distribute is unhealthy and unhelpful. It is the height of cluelessness,” he added.
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