FCT, Abuja – Peter Obi the presidential candidate of the Labour PartyCONTINUE FULL READING HERE
(LP) in the 2023 election, on Monday, July 22, lamented that “for the past nine years, Nigeria’s economy has seen unprecedented retrogression on many fronts”.
In a post on his verified X (formerly Twitter) handle, Obi, a former governor of Anambra state, complained about the fact that Nigeria has retrogressed to the fourth largest economy in Africa.
Citing some statistics, Obi asserted that Nigeria
has recorded a sharp decline in national prosperity.
He said
in a statement he personally signed:
“Today, poverty is pervasive and on the increase. Unemployment is rising. Food inflation has skyrocketed to over 43%.
“Foreign and local investors are losing faith in the future growth of our economy and are leaving in large numbers. Businesses are shutting down. Urgent actions need to be taken to salvage the nation from further economic collapse and move it from consumption to production!”
Furthermore, the presidential hopeful criticised the present crop of Nigerian leaders, saying they are “more concerned with funding their selfish luxuries and individual lavishness”.
He continued:
“However, instead of concerning ourselves with all these challenges threatening our collective existence and finding ways to recreate an inclusive and sustainable economy, pull millions of people out of poverty, and return our nearly 20 million out-of-school children to schools, our leaders are more concerned with funding their selfish luxuries and individual lavishness while throwing blames at others who are only committed to solving the nation’s problems.CONTINUE FULL READING HERE
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