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. “If need be, we'll only 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.

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

Penguin2:
Western media is already adjusting to the reality of an Obi presidency.

Things I like to see…

Meanwhile, Tinubu BATstards are in pains.

id911:


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

Seun Mynd44 nlfpmod

CoronaVirusRelo:
And also relocate 15 states in Nigeria to Mars!

Peter should know he cannot fool the brilliant and enlightened class.

If talk was cheap, I can still make better and feasible campaigns promises than the gibberish he is spewing.

He wants to repaint the moon and same time connect Nigeria to Pluto! I don’t blame him a bit, that’s what his illiterate support base want to hear.

Penguin2:
Western media is already adjusting to the reality of an Obi presidency.

Things I like to see…

Meanwhile, Tinubu BATstards are in pains.

ElSudani:
They are victims of misinformation.

fx45:
You must really live such a sad and bitter life. I do not envy you at all.

CoronaVirusRelo:
And also relocate 15 states in Nigeria to Mars!

Peter should know he cannot fool the brilliant and enlightened class.

If talk was cheap, I can still make better and feasible campaigns campaign promises than the gibberish he is spewing.

He wants to repaint the moon and at the same time connect Nigeria to Pluto! I don’t blame him a bit, that’s what his illiterate support base want wants to hear.

ElSudani:


They are victims of misinformation.

Penguin2:
Western media is already adjusting to the reality of an Obi presidency.

Things I like to see…

Meanwhile, Tinubu BATstards are in pains.

CoronaVirusRelo:
And also relocate 15 states in Nigeria to Mars!

Peter should know he cannot fool the brilliant and enlightened class.

If talk was cheap, I can still make better and feasible campaigns promises than the gibberish he is spewing.

He wants to repaint the moon and same time connect Nigeria to Pluto! I don’t blame him a bit, that’s what his illiterate support base want to hear.

olisaEze:
He hasn’t even contested the election, but the global market is already being repositioned to boost investor confidence from his speeches. Even if Bloomberg wanted to quote Tinubu what would they write, "gazelle gagaraga" abi "hullaba"?? The signs are all over SM so don’t say you were deceived, vote wisely this time!

Dsalvo:


You guys are really Ignorant and delusional. Thank God this will all be over in around 40 days.

We are all fed up of the "Obi is the messiah" hype from you IPOBians.

Most Nigerians are irritated by the worthless hype and propaganda, over a complete empty barrel and leadership zero, you Igbos believe you must hinge on insulting, demonizing and cursing other candidates especially BAT.

Not long to go. Rest assured future elections will never take the toxic, hateful and insultive nature you Igbos lead it in merely because you always wish to be in charge of things and others even when you or your candidate lack the capacity to lead

Once Tinubu weaves his reformational magic every Nigeria will be too busy trying to aid the success of their State and region, after BAT has 'bulldozed' his theories of decentralized democracy into practice, to be concerned with who becomes President let alone be hating on others over that.

The hustle, for every Nigerian in their corner of Nigeria, will be real under BAT. No more Igbos running away from their land and misrule to go and be burdening others everywhere because of 'one Nigeria' .

We will all be charged to build successes first from our State and regional bases.

You Igbos should even take seconds sometimes to think about the inevitable future Nigeria is heading in instead of just continuing life, year in year out, as irredeemable creatures of instinct, emotion, covetousness, bigotry and blind hatred of others.

Your "lunatic" antics, i.e doing thing the same way over and over to expect a different outcome, has historically brought you nothing but losses, pain, embarrassment, shame and a tragic loss of Igbo sense of identity. Yet you remain self-destructibe and tragic. I pity you people.

Dsalvo:


You guys are really Ignorant and delusional. Thank God this will all be over in around 40 days.

We are all fed up of the "Obi is the messiah" hype from you IPOBians.

Most Nigerians are irritated by the worthless hype and propaganda, over a complete empty barrel and leadership zero, you Igbos believe you must hinge on insulting, demonizing and cursing other candidates especially BAT.

Not long to go. Rest assured future elections will never take the toxic, hateful and insultive nature you Igbos lead it in merely because you always wish to be in charge of things and others even when you or your candidate lack the capacity to lead

Once Tinubu weaves his reformational magic every Nigeria will be too busy trying to aid the success of their State and region, after BAT has 'bulldozed' his theories of decentralized democracy into practice, to be concerned with who becomes President let alone be hating on others over that.

The hustle, for every Nigerian in their corner of Nigeria, will be real under BAT. No more Igbos running away from their land and misrule to go and be burdening others everywhere because of 'one Nigeria' .

We will all be charged to build successes first from our State and regional bases.

You Igbos should even take seconds sometimes to think about the inevitable future Nigeria is heading in instead of just continuing life, year in year out, as irredeemable creatures of instinct, emotion, covetousness, bigotry and blind hatred of others.

Your "lunatic" antics, i.e doing thing the same way over and over to expect a different outcome, has historically brought you nothing but losses, pain, embarrassment, shame and a tragic loss of Igbo sense of identity. Yet you remain self-destructibe and tragic. I pity you people.

owobokiri:


Projecting your insecurities on others?
You are the one mentioning tribes here not him, yet you are the one also accusing others of tribalism. How many times did you mention igbos in this your post? Go through your former posts, it's the same thing; Igbo, Igbo, Igbo. Their sin? Peter Obi had the temerity to contest for the presidency! Everyone with contrary views to yours must be Igbo to you, yet you consider yourself the saint. Obviously, tribalism comes naturally to you.

All your campaigns topics are structured on crude tribalism. PDP and NNDP have all dabbled into tribalism but have always pulled back when called out.., not Tinupoos APC! From the days of the formation of that janja-weed party by a platoon of tribal and religious Talibans here, all the party has done is to spread tribalism, sectionalism, genocide and hunger in the land. A party that normalized ethnic cleansing can not be caught trying to accuse others of tribalism. APC is tribalism personified..

olisaEze:
He hasn’t even contested the election, but the global market is already being repositioned to boost investor confidence from his speeches. Even if Bloomberg wanted to quote Tinubu what would they write, "gazelle gagaraga" abi "hullaba"?? The signs are all over SM so don’t say you were deceived, vote wisely this time!

Penguin2:
Western media is already adjusting to the reality of an Obi presidency.

Things I like to see…

Meanwhile, Tinubu BATstards are in pains.

MrEverest:


Peter Obi winning the election alone will instantly make naira to appreciate against dollar. Make stocks to appreciate. Make investors to immediately begin considering to invest in Nigeria. Lots of Nigerians seeking japa will instantly reconsider.

These are just the few changes that will occur based on the news that Peter Obi has emerged president. Then imagine other changes that will happen when he assembles his team and start ruling in a transperant and focused manner.