Nigeria GDP Growth Meaningless With Rising Poverty – Peter Obi

Peter Obi
Peter Obi

A former Nigerian Governor of Anambra state, Peter Obi, condemned the latest National Bureau of Statistics report which depicted Nigeria’s economy to have recorded a 5% growth to Gross Domestic Product (GDP) growth. reports

Speaking while featuring on a Channels TV programme, ‘Politics Today’, Peter Obi noted that the GDP growth was meaningless with the increasing rate of poverty in the country.

He advised the Nigerian federal government to stop its habit of borrowing for consumption and face investment instead of celebrating a GDP growth which is not being felt by the people.

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Obi stated that the Nigerian government should focus more on small and medium scale enterprises, education along with its diaspora citizens if it really want to change the narrative for good.

He said, “The type of growth I want to see is the one that will pull Nigerians out of poverty by making the people to have disposable income and be able to feed themselves.

“We need the type of growth that will educate our children, provide primary health care for all the communities. We don’t need growth based on speculations that government officials are celebrating all over the places.”


About Amadu Victor Oluwadamilare 414 Articles
Amadu Victor Oluwadamilare is the CEO/Founder of Ayoki News Media, an international informative media platform, aimed at dispensing good and reliable source of information.

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