"Nigeria Owes Debt That Could Build 160 Kainji Dams" - Peter Obi

Date: 04-02-2023 2:06 pm (1 year ago) | Author: Mister Jay Wonder
- at 4-02-2023 02:06 PM (1 year ago)
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Peter Obi, Labour Party’s presidential candidate in this month’s presidential election in Nigeria says the nation owed a debt that could build 160 Kainji Dams.

Nigeria’s current debt profile stood at N44. 06 trillion  as of September 2022.

Obi, in a tweet, said Nigeria’s first Prime Minister, Sir Tafawa Balewa borrowed $82m to build Kainji dam.

He said 62 years later the nation was still enjoying the benefit from Kainji dam.

The Labour Party’s presidential candidate added that the nation’s current debt could build 160 dams.

“Sir Tafawa Balewa borrowed $82m to build Kainji dam; 62 years later we still benefit from Kainji dam.

“Today, we owe a debt that that could build 160 Kainji dams. But where are the dams? We have not invested in regenerative projects,”
he tweeted.

Obi also said his party could pull the people out of poverty.

“We can pull our people out of poverty. We must move Nigeria from consumption to production to do so,” he said.

He added that “It’s most regrettable that many Nigerians are today living under multidimensional poverty. For the past years, all we have produced is misery, this is the cumulative effect of bad leadership. Everyone must now care about politics.”


Posted: at 4-02-2023 02:06 PM (1 year ago) | Addicted Hero
- fineboy77 at 4-02-2023 02:44 PM (1 year ago)
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True

Posted: at 4-02-2023 02:44 PM (1 year ago) | Addicted Hero
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- Allsense at 4-02-2023 04:42 PM (1 year ago)
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You hit the nail on the head once again. El Rufai knows statistics and maths but will not calculate in this aspect except for the permutation and ratio of who will win and lose.
Posted: at 4-02-2023 04:42 PM (1 year ago) | Gistmaniac
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- Jiiitk4 at 4-02-2023 04:57 PM (1 year ago)
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Hell Rufai  where are you? Come tell us how  the entire igbo states are not up to one local government area in
your terrorists enclave called Kaduna.
Posted: at 4-02-2023 04:57 PM (1 year ago) | Gistmaniac
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- kp45 at 4-02-2023 05:53 PM (1 year ago)
Online (m)
If this man enter many will enter 6feet o…because they can’t stand the heat. He go choke them
Posted: at 4-02-2023 05:53 PM (1 year ago) | Addicted Hero
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- gogoman at 4-02-2023 10:59 PM (1 year ago)
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yinmu  Roll Eyes Roll Eyes Roll Eyes
Posted: at 4-02-2023 10:59 PM (1 year ago) | Grande Master
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fire TRENDING GISTS fire