2023: Nigeria cannot have more people living in poverty and no crime- Peter Obi

2023: Nigeria cannot have so many people living in poverty and not have criminality- Peter Obi

Peter Obi, the Labor Party (LP) presidential candidate, said Nigeria cannot have many people living in poverty and without criminality and thuggery.

sweet potato it is revealed on Monday at the Editors Forum, an initiative of the Nigerian Guild of Editors (NGE).

He stated that his administration plans to reduce the poverty rate in Nigeria by focusing on economic productivity.

Peter Obi stated that Nigeria is going through many challenges mainly because it is a consumption instead of a producer country, including unemployment, poverty, criminality, and insecurity.

  • “We cannot have such a number of people living in poverty and without criminality, robbers, etc. We need to get rid of the sharing formula and replace it with the production formula,” he said.
  • “My commitment is to put Nigeria in production. It is not acceptable that we cannot feed ourselves. We must make the country work; all that is needed is leadership that understands and can drive the process. I can do it,” he said.

Funding the campaign: He also noted that no one personally funded his campaign.

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  • “I cannot talk about being transparent about the management of public money without starting my campaign. “I did not hire people to work for me. No one will say that he financed the campaign of Peter Obi. I myself funded it.
  • “All the things that are happening everywhere are that people believe in our cause and give anything from their little resources. I am encouraged, and I assure them that they are doing it for the right purpose and I am not them disappointing,” he said.

Loan profile: On Nigeria’s debt profile, he said that every country borrows, and individual businesses borrow all over the world, saying that What matters is how we use the borrowed money. If you borrow for consumption, that’s our problem.

  • “I will not say that I will not borrow but I will only borrow for investment and I will explain to Nigerians the need to borrow,” he added.

For the record: The National Bureau of Statistics (NBS) revealed that 63% of people living in Nigeria (133 million people) are poor in many respects.

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This is according to a press statement released by the NBS on Thursday to highlight the results of the 2022 Multidimensional Poverty Index (MPI) Survey.

According to the report, more than half of Nigeria’s population is multi-dimensionally poor, with multidimensional poverty being higher in rural areas, where 72% of people are poor, compared to 42% of people in urban areas.


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