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Bloomberg Recognizes Peter Obi As Presidential Poll Leader - Politics - Nairaland

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Bloomberg Recognizes Peter Obi As Presidential Poll Leader by ShowYourCertificate: 7:49am On Jan 17, 2023
Poll Leader in Nigeria Presidential Election Pledges Debt Revamp


Peter Obi, the top choice in four opinion polls ahead of next month’s Nigerian elections, has promised to reprofile the nation’s debt if elected.

Obi, a third-party candidate who is running on the Labour Party ticket, said he would extend payments of the country’s debt over a longer period.

“Then we will say no more borrowing for consumption,” he said at Chatham House in London on Monday. “We will borrow transparently for investment.”

Nigeria’s total debt stock almost quadrupled under outgoing President Muhammadu Buhari to about 44 trillion naira ($95 billion) as of September. While this represents less than 30% of the nation’s gross domestic product, debt service consumes more than 80% of the country’s income.

Most of the country’s borrowing has been spent on “consumption” rather than on production, according to Obi.

“Nigeria has grown its debt by about 400% but its per capita income has declined,” he said, adding “That means that the money we borrowed was thrown away.”

https://www.bloomberg.com/news/articles/2023-01-16/poll-leader-in-nigeria-presidential-election-pledges-debt-revamp

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Re: Bloomberg Recognizes Peter Obi As Presidential Poll Leader by Amb1045(m): 7:50am On Jan 17, 2023
Lol.

Whether you like it or not, you're paying and will continue paying your share of the loans Buhari and his unfortunate gang have collected and are still collecting. You're asking how?

For every phone call and text message you send from that phone, a tax is imposed on you and is remitted to the government. For every 1gig data you buy to come online and support the government and her inadequacies, you pay a tax. For every bank, pos or atm transaction you execute, no matter how small the amount, the banking institution takes a tax from you and remits to the government. For every kilo of meat, mudu of rice, basket of tomato that you pay that market woman to take home, you pay an unwilling tax which is covered by the ever increasing prices of those items. I can go on and on.

You and I are sadly paying for the electoral mistakes that the majority made in our 2015 democracy, which is regrettable but cannot be changed at this very point. But where your doom is going to come, is when you consciously reinforce a continuity of this ugliness by February, because you have decided to enthrone tribalism and religion to vote for Bola Ahmed Tinubu, one of the prime architects of the pain we're all going through, one of the worst candidates on the ballot, and certainly one who will come and triple the taxes you're groaning to pay now, just so he can have enough extra resources to plunder and pillage.

The time to regain your collective senses is now! We warned you like this in 2015. We're warning you more now. If you like, pay heed! By 2027, with Tinubu as your President, some of you will have died from hunger and the rest of you will be too weak and pale to even raise a voice or finger in protest.

Vote Wisely!

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Re: Bloomberg Recognizes Peter Obi As Presidential Poll Leader by SmartPolician: 7:54am On Jan 17, 2023
If you don't want us to vote for Peter Obi, who would you rather we vote for, Druggie or Dubai landlord? undecided

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Re: Bloomberg Recognizes Peter Obi As Presidential Poll Leader by PrinceOfLagos: 7:54am On Jan 17, 2023
Renewed hope everywhere because of Peter Obi

I'm so so Happy right now

I see light at the end of the tunnel right now and Peter Obi is the Light

God bless the federal republic of Nigeria

God bless his Excellency and next President of Nigeria, Mr Peter Obi

God bless the outgoing president muhammadu Buhari

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Re: Bloomberg Recognizes Peter Obi As Presidential Poll Leader by DynamicWriter(f): 7:54am On Jan 17, 2023
The election is around the corner.

My advice to you is that
- don't vote based on hype
- don't vote because of tribe or religion
- don't vote for a sickler
- don't trade your vote for anything.

The future is here, vote wisely.

Thanks.

In case anyone needs a quality content writer, kindly check my signature for contact details.
Re: Bloomberg Recognizes Peter Obi As Presidential Poll Leader by PrinceofSarcasm: 7:55am On Jan 17, 2023
grin
Re: Bloomberg Recognizes Peter Obi As Presidential Poll Leader by Urheadmaster(m): 8:04am On Jan 17, 2023
cool

It is official.

Obi/Datti for Aso rock is recognized by Bloomberg.

Urchins should take note tongue.
Re: Bloomberg Recognizes Peter Obi As Presidential Poll Leader by rayvelez(m): 8:06am On Jan 17, 2023
One old thief was saying nothin bad is borrowing and nothing to show for it...

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