Former U.S. President Barack Obama and his wife Michelle will collaborate with Netflix to produce an adaptation of a book that criticizes U.S. President Donald Trump and his performance since reaching office.

Netflix announced last week that Higher Ground Productions, the company run by the Obamas, will produce a "non-fiction" series based on Michael Lewis's book The Fifth Risk.

The adaptation "will aim to portray the importance of unheralded work done by everyday heroes guiding our government and safeguarding our nation," the streaming platform said.

Last year, Netflix unveiled a multiyear collaboration agreement with the Obamas to produce films and series.