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Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt - Politics - Nairaland

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Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by OrientDailyNews: 5:28am On Aug 27, 2018
Former governor of Anambra state, Mr. Peter Obi has warned that Nigeria’s economy is on life support following the unprecedented hike in the country’s debt profile.
Obi, who was speaking at the generation conference organised by the Summit Bible Church last weekend, stated that with the country’s debt put at N22.7 trillion and unemployment rate at 60 per cent, it will take a miracle for the country to survive unless people with proven experience in the management of resources are elected into leadership positions in the country.
He, therefore, pleaded with Nigerians to choose their leaders wisely during elections.
The former governor stressed that if 50 per cent of the country’s revenue is used to settle such debt, Nigerians will continue to groan.
He called on Nigerians to vote out people who lacked the technical know-how to revamp the economy and render good services.

“Our educational system is too low. Our per capita is $2000. And since your growth popula­tion is higher than the growth of your GDP the consequence in the future will be higher than what it is today.
“China adopted the Mil­lennium Development Goals when it was told that it had the poorest people in the world and it took over 400 million people out of poverty,” he said.
He expressed optimism that Nigeria will get it right some­day, emphasising that people who have ideas, capacity and have managed resources be­fore should be brought forward to change the poor narrative.
The convener of the pro­gramme, Andy Osakwe, chal­lenged youths to be active in politics. He said: “A lot of peo­ple tend to blame other people for the current state of our na­tion; it is time for us to take ownership of our condition and also our destiny.“Even though different generations have taken different positions as to who is responsible for the not-so-great status of Nigeria today, there is a consensus on the fact that Nigeria already has within its borders all that is required to become one of the most secure and prosper­ous countries in the world.”


https://orientdailynews.com.ng/politics/n22-7trn-debt-nigerias-economy/

33 Likes 2 Shares

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by Elukapendragon(m): 5:39am On Aug 27, 2018
Buhari and debt are like beans and bread undecided

128 Likes 8 Shares

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by Donald95(m): 5:42am On Aug 27, 2018

Obi, who was speaking at the generation conference organised by the Summit Bible Church last weekend, stated that with the country’s debt put at N22.7 trillion and unemployment rate at 60 per cent, it will take a miracle for the country to survive unless people with proven experience in the management of resources are elected into leadership positions in the country.

Thanks to PMB (Paedophile Mumuhammadu Buhari) and his Scamish Finance Minister.

Only if Federal and other state governments can humbly seek advice from Anambra State Government how they run government well with such minimal amount of debt

93 Likes 5 Shares

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by allcomage: 5:46am On Aug 27, 2018
The way the country is structured and being run,there is no hope.

58 Likes 3 Shares

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by uzohrome(m): 5:49am On Aug 27, 2018
Facts .... Buhari and his appointee is a disaster

50 Likes 3 Shares

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by chomchom1(f): 5:50am On Aug 27, 2018
This government has finished Nigeria..

52 Likes 3 Shares

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by DonCorleons: 6:16am On Aug 27, 2018
cheesy
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by caprini1: 6:24am On Aug 27, 2018
If the population is growing more than the GDP,then get THANOS to do the needful grin

On a serious note ,this portrays a big danger in the future,if the qualified and experienced people ,don't take charge of the affairs of this country.

I know we have these people everywhere,its just a matter of putting away every evil of our past and think of a better Nigeria void of ethnic and religious sentiments.

42 Likes 4 Shares

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by NigeriaIsDoomed: 6:26am On Aug 27, 2018
One chance government

19 Likes 1 Share

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by CChillz: 7:11am On Aug 27, 2018
22.7trn and the worse of it all is unemployment rate which became more alarming due to the embargo PMB placed on employment this year...

43 Likes 3 Shares

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by bobnatlo(m): 8:06am On Aug 27, 2018
Leave all those shouting sai Baba for a man borrowing monies to build railway to Gusau (not minding which business in Gusau that will pay back) that their children will not be able to pay back.

BOUNCED CHEQUE of a govt

58 Likes 3 Shares

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by Omeokachie: 8:21am On Aug 27, 2018
How generous of you mister Obi.

In reality, the economy is dead under the recessionist.

31 Likes 3 Shares

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by BruncleZuma: 10:56am On Aug 27, 2018
grin grin grin grin
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by rozayx5(m): 10:57am On Aug 27, 2018
Buhari is sinking Nigeria into serious debt


.. shocked shocked shocked

22 Likes 1 Share

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by MANNABBQGRILLS: 10:57am On Aug 27, 2018
With Baba, we are on course......on the right path.
We believe in our PRESIDENT MUHAMMADU BUHARI
, he is clearing the mess he met on ground assiduously.
Bless you sir.

6 Likes 4 Shares

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by Nigeriabiafra80: 10:57am On Aug 27, 2018
On life support like buhari's lol,
Buhari health budget can build another Africa in Mars,

36 Likes 2 Shares

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by gaby(m): 10:58am On Aug 27, 2018
It is well with Nigeria...I have no other than Nigeria so I'll simply keep hoping and praying for God to bless and save my country from this quagmire and miry clay.

Amen..

I no wan run leave my country again as I first take use leg run before through the desert in 1999.
Click on my siggy for my story.

2 Likes

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by Sharpshooota: 10:59am On Aug 27, 2018
Buharis destiny is to bankrupt and wreck the nation's economy with his archaic policies and ill thought out blueprints...

The man is a calamity

13 Likes

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by madamgrace: 10:59am On Aug 27, 2018
Since Obiano dealt with this man he has never found his bearing.
Udom will do to Akpabio worse than what Obiano did to Peter Obi

2 Likes 1 Share

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by Sijo01(f): 11:01am On Aug 27, 2018
Some fo0ls are still supporting this lifeless president for a second term. It will never be well with ye'all angry angry angry

26 Likes

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by JobmanNwapdp: 11:01am On Aug 27, 2018
When our so called President is on Life support what else do Nigerians are expecting..........if urgent ideas is not explore against Buhari APC led administration, Nigeria will be mortgaged by the time he lives office in 2019........ If Nigerians will learn from it, 2019 general election nobody will vote based on religion or ethnic differences.........LET THE BESTMAN HAVE THE WORK

OrientDailyNews:



https://orientdailynews.com.ng/politics/n22-7trn-debt-nigerias-economy/



3 Likes

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by mknigeriagreat: 11:02am On Aug 27, 2018
He should calm down. They are always full of negativity. Give solutions not alarms every-time. You want us to vote for you to come and chnage things isn't it? That's what all of you always say. This is USA debt for 2018.

4 Likes 4 Shares

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by Realname: 11:04am On Aug 27, 2018
post=70649548:
With Baba, we are on course......on the right path.
We believe in our PRESIDENT MUHAMMADU BUHARI
, he is clearing the mess he met on ground assiduously.
Bless you sir.

TALKATIVE empty barrel

Buhari has ruined Nigeria

A Talkative like you who is devoid of serious thinking won't understand the arithmetics all you will understand is 30k salary at the end of the month for posting online

Nonentity

41 Likes 2 Shares

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by kennypoju04: 11:04am On Aug 27, 2018
Ever since the last administration the economy has been on life support

Get your Chinese yuan at #50/¥
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by loverboys: 11:05am On Aug 27, 2018
sad sad
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by HomeOfMe(f): 11:05am On Aug 27, 2018
OrientDailyNews:



https://orientdailynews.com.ng/politics/n22-7trn-debt-nigerias-economy/



This man's teeth are always out. I've never seen him wearing a frown.

2 Likes

Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by DonHummer(m): 11:06am On Aug 27, 2018
tell dem

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