Peter Obi, former governor of Anambra state, has wept as the country entered another recession.
He said the current recession is worse than the one Nigeria experienced in 2016.
The former candidate for vice president of the Popular Democratic Party, asked his political colleagues to put aside the issues of 2023 and focus on how to rescue the country from the current economic crisis. Obi said solving Nigeria’s economic problems was more important than political permutations geared towards the upcoming general election.
The former Anambra state governor testified during an appearance on Channels Television’s Sunday Politics, insisting that the upcoming elections have no impact on people’s current livelihoods. Obi said that the money loaned by this government was not used properly, blaming the administration of President Muhammadu Buhari for failing to adequately prepare Nigerians for the impact of COVID-19.
“All other countries are discussing the recession and how to lift their people out of poverty,” Obi said. “So what we need to do now is focus on monetary and fiscal policies to start lifting people out of poverty.” If you look at what happened with the recent protests, you could see that we are heading for a problem. energy to focus on that problem.
Politicians, the class I belong to, should do more seriously, beyond party lines, in order to stop the situation before it gets out of control. “For me, it’s discussing how we put food on people’s tables. The elections will come and we will see how to select the best. But let’s deal with the recession we just entered before 2023. “” The cost of governance is not acceptable. There is too much waste. This recession is going to be worse than in 2016 because the money we borrowed back then was not invested properly. ” Obi added.