Nigeria Will Have 110m Poor People By End Of 2020 – Peter Obi

The former vice presidential candidate of the Peoples Democratic Party (PDP) in the 2019 general elections, Peter Obi has said that Nigeria will have 110million poor people by the end of 2020.

He disclosed this on Friday in Awka, the Anambra State capital during a PDP Southeast Summit ahead of the 2023 general elections.

“Your country is drifting, it is collapsing. And if you don’t do anything, it will set its revenge on you,” Obi said.

“The World Bank released a report, go and read that report. This year alone, 11 million Nigerians will fall into poverty.

“The 11 million is on top of the 100 million that is already there. That means by the end of this year, Nigeria will have over 110 million people living in poverty. It is important to know that of this 11 million person falling into poverty, eight million are youths.”

On his party, PDP National Chairman, Uche Secondus called on the youths to be creative and innovative, adding that power rests on them

According to the opposition, the party leadership has created a policy to initiate policies that will empower the young Nigerians.

In the World Bank’s report, the impact of the COVID-19 pandemic could increase Nigeria’s poverty rate by as much as 15 to 20 million by 2022.

The latest World Bank Nigeria Development Update report tagged “rising to the challenge: Nigeria’s COVID response” stated that in the next three years, an average Nigerian could see a reversal of decades of economic growth and the country could enter its deepest recession since the 1980s.

According to the bank’s Country Director for Nigeria, Shubham Chaudhuri, if there are no measures to mitigate the impact of the crisis, the economy could shrink up to 4 percent in 2020 following the twin shocks of COVID-19 and low oil prices.

“Nigeria is at a critical historical juncture, with a choice to make. Nigeria can choose to break decisively from business-as-usual and rise to its considerable potential by sustaining the bold reforms that have been taken thus far and going even further and with an even greater sense of urgency to promote faster and more inclusive economic growth.”

Source ⬇️ https://www.channelstv.com/2020/12/11/nigeria-will-have-110m-poor-people-by-end-of-2020-peter-obi/

I hope he will be among them

Our journey to upper level from next level is real.

So this chinese na statistician .
I no blame am sha.

Look at the two fools above, attacking the messenger instead of the message

He is downplaying the situation.

YoonSung72:
I hope he will be among them

He is only airing because he is directly affected, because his investments are in Nigeria, and not your regular rogues that loot, buy houses abroad and stash funds in foreign nations.

How Nigeria skipped electing Internal investors against those with just cows and nothing at stake is mind boggling.

Dont be partisan to the extent you destroy your own future..

I foresee more Nigerian youths permanently leaving the country in their millions within the next few years, no jobs, no security, no human rights, the security forces can kill you for refusing to pay a small bribe and nothing would happen.

It is better to have hundred million poor people than sacrificing 78 youths to fishes of Ezu river.
In sane society, this criminal fool called Peter Obi should have been in prison by now. I have never seen a wicked man like Peter Obi since the days of Nebuchadnezzar.
This animal called Peter Obi supervised the Killing of 78 youths, instead of allowing their parents to give them a befiting burial he threw them to the river for fishes consumption.
Peter Obi have an inbuilt cruelty that no human being will ever imagine.

That isnt false

Is that Obi's wish and prayers for the country he claimed to love..

LEARNT HIMTULAI AND THE CHILDREN OF HATE WERE SO EXCITED AT THIS FAKE AND UNSUBSTANTIATED NEWS

GOD WILL CONTINUE TO DISAPPOINT YOU ALL

GOD BLESS NIGERIA

GOD BLESS PMB1523

LEARNT HIMTULAI AND THE CHILDREN OF HATE WERE SO EXCITED AT THIS FAKE AND UNSUBSTANTIATED NEWS.

GOD WILL CONTINUE TO DISAPPOINT YOU ALL.

GOD BLESS NIGERIA

GOD BLESS PMB1523

Crazy