TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Economy: Nigeria collapsing under debts – Obi

The Citizen by The Citizen
October 24 2018
in Latest News
A A
0
Aggressive savings, economic diversification key to nation’s economic challenges — Obi
22
SHARES
734
VIEWS
Share on FacebookShare on Twitter

…Peter Obi remains best man for VP job, says Gov. Umahi

Former Governor of Anambra State and Vice-Presidential candidate of the Peoples Democratic Party, PDP, Peter Obi, has decried the current high debt profile of Nigeria which the current Federal Government plunged the country into.

He said it was “quite unfortunate that Nigeria was owing $30 billion some time ago and our creditors cancelled the debts for the nation to move forward and now, this present regime has plunged us into a deeper debt profile to the tune of $80 billion, an indication that the nation is collapsing.”

Obi who spoke inside Onitsha prisons during the 65th birthday ceremony of the Metropolitan Archbishop of Onitsha Catholic Ecclesiastical Province, His Grace, Most Rev. Valerian Maduka Okeke, said over 13.5 million Nigerian children are not in school, just as unemployment rate soars to very disturbing height.

He contended that his choice as the vice presidential candidate does not in any way call for celebration because the situation of Nigeria at the moment, requires an aggressive approach to ameliorate the situation, adding that when elected as vice president, he would personally work for the renovation of all the schools in the country.

He said: “Even if the children of our political leaders have the privilege to go to school abroad and the rest of children of the less privileged ones cannot go to school due to the collapsed system in education and in every other sector, when the children of the leaders come back to Nigeria, the non-educated majority will overwhelm them.”

Obi commended Archbishop Okeke for building a skill acquisition center for the Onitsha Prison inmates and expressed concern that half of the inmates were not supposed to be in prison custody, but for the sake of the collapsed system.

Earlier, Archbishop Okeke who celebrated Mass inside the prison, explained that his desire to build the N30 million skill acquisition centre was borne out of the need to educate the inmates and teach them some skills so that they can become useful to themselves and the society, when they come out of prison.

Meanwhile, the Governor of Ebonyi State, Engr. Dave Umahi, yesterday, said political leaders of the South-East zone were never unhappy or opposed to the choice of Mr. Peter Obi as the vice presidential candidate of the PDP.

The governor blamed the social media for getting peoples thoughts and speeches wrongly interpreted and insisted that they were only asking for “a round table meeting to smoothen rough edges.” He assured that Ebonyi will deliver 1.3 out of its 1.5 votes for the PDP. Umahi spoke, Monday, when Obi paid him a courtesy visit.

Umahi, who said Obi had many things going for him, including sound leadership pedigree that saw him leading the South-East Governors Forum for eight years, also commended him for his   humility while describing him as an asset to the country and the PDP.

He said: “I have every reason to be happy very with you. There is no way even if I was nominated that I will be the Vice Presidential candidate. I still have more than four years as a governor. Secondly, we have always supported ourselves. During my campaign, you came and even gave us vehicles.”

Earlier in his speech, Mr. Peter Obi   thanked him for translating his impeccable character to providing leadership to the zone and for his sustained improvement of Ebonyi State.

Obi   who recounted his long relationship with Ebonyi state, said he had come to consult him as one of the political   leaders of the Igbos and   also the good people of Ebonyi State. He invited all men of good will   who are righteously indignant with the APC for the ruins they have brought the country to join the Atiku’s redemption movement.

“PDP as a party is desirous of returning to power at the center not just because we want to return to power but because we have seen that in our country Nigeria every indices of development today is heading south and we cannot continue that way. In terms of borrowing and all other indices everything is heading south. So PDP wants to come back and continue rebuilding the nation,” Mr Obi added.

 

Share9Tweet6
Previous Post

Court indefinitely adjourns hearing on Imo APC guber primary

Next Post

Oshiomhole seeks court order to avoid EFCC probe

Related Posts

Alleged rights breach: Court dismisses Nnamdi Kanu’s N1bn suit
Latest News

Northern youths reject planned protest for Kanu’s release

October 15 2025
Nigeria’s inflation drops to 16.63%
Business

Inflation drops to 18.02%

October 15 2025
BREAKING: Bayelsa Governor Diri resigns from PDP
Headlines

BREAKING: Bayelsa Governor Diri resigns from PDP

October 15 2025
Marketers blame depots as petrol nears N1,000/litre
Business

Marketers blame depots as petrol nears N1,000/litre

October 15 2025
Nigeria, Benin Republic in Winner-Takes-All battle in Uyo
Latest News

2026 World Cup Qualifier: Nigeria heads to playoffs after 4-0 victory over Benin Republic

October 14 2025
Super Eagles rout The Cheetahs of Benin Republic
Latest News

Super Eagles rout The Cheetahs of Benin Republic

October 14 2025
Next Post
Oshiomhole alleges APC plot to remove him as party chairman

Oshiomhole seeks court order to avoid EFCC probe

Osun elections: INEC ban on smartphones unconstitutional, says Ekweremadu

Alleged defection: Nothing in APC to attract Ekweremadu - PDP

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Olubadan unveils legal committee to tackle land grabbing

Olubadan unveils legal committee to tackle land grabbing

by The Editor
October 15 2025
0

...

Birnin Gwari needs urgent federal intervention – Emir tells Tinubu

Birnin Gwari needs urgent federal intervention – Emir tells Tinubu

by The Editor
October 13 2025
0

...

Rivers court adjourns hearing on LG poll legitimacy

Rivers court adjourns hearing on LG poll legitimacy

by The Editor
September 16 2025
0

...

Osun households get free food items

Osun League of Imams & Alfas urges Tinubu to intervene in LG withheld funds

by The Editor
August 27 2025
0

...

APPOINTMENTS

Tinubu seeks Omidiran, 28 others’ confirmation as FCC members

Tinubu seeks Omidiran, 28 others’ confirmation as FCC members

by The Editor
October 15 2025
0

...

Okpebholo swears in 19 commissioners, warns against corruption

Okpebholo swears in 19 commissioners, warns against corruption

by The Editor
October 15 2025
0

...

Fubara drops Danagogo, appoints Anabraba as Rivers SSG

Fubara drops Danagogo, appoints Anabraba as Rivers SSG

by The Editor
October 13 2025
0

...

Savannah Energy signs agreement with Chadian govt for new renewable energy projects

Savannah Energy announces board changes, appoints two Nigerians as Independent Non-Executive Directors

by The Editor
October 9 2025
0

...

ODDITIES

Court orders exhumation, autopsy of Afriland Towers fire victims

Court orders exhumation, autopsy of Afriland Towers fire victims

by The Editor
October 15 2025
0

Slain husband’s dad forgives Maryam Sanda, backs Tinubu’s pardon

Slain husband’s dad forgives Maryam Sanda, backs Tinubu’s pardon

by The Editor
October 14 2025
0

Soldier kills wife, commits suicide in Niger State

Soldier kills wife, commits suicide in Niger State

by The Editor
October 13 2025
0

GLOBAL NEWS

Former Kenyan Prime Minister Raila Odinga dies in India

Former Kenyan Prime Minister Raila Odinga dies in India

by The Editor
October 15 2025
0

...

US revokes visas of six foreigners for celebrating Charlie Kirk’s assassination

US revokes visas of six foreigners for celebrating Charlie Kirk’s assassination

by The Editor
October 15 2025
0

...

Cameroon’s opposition candidate Tchiroma declares victory in presidential vote

Cameroon’s opposition candidate Tchiroma declares victory in presidential vote

by The Editor
October 14 2025
0

...

Trump signs order extending China tariff truce by 90 days

Trump considers peace deal with Iran

by The Editor
October 13 2025
0

...

Trump, Al-Sisi to chair Gaza peace summit in Egypt

Trump, Al-Sisi to chair Gaza peace summit in Egypt

by The Editor
October 12 2025
0

...

State of the States

Zamfara APC condemns state govt’s mass sacking of civil servants

Zamfara APC condemns state govt’s mass sacking of civil servants

by The Editor
October 14 2025
0

...

Gov. Otti set to build modern fire station in Umuahia

Gov. Otti set to build modern fire station in Umuahia

by The Editor
October 7 2025
0

...

Senator denies bill to rename Kaduna to Zazzau State

Kaduna State pays ₦72,000 minimum wage

by The Editor
September 18 2025
0

...

Gov. Mbah designates Udi, Nkanu West, Nkanu East, Nsukka LGAs as urban areas

Miyetti Allah commends Enugu Govt over peaceful intervention in herders’ attack

by The Editor
September 16 2025
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Alleged rights breach: Court dismisses Nnamdi Kanu’s N1bn suit

Northern youths reject planned protest for Kanu’s release

October 15 2025
Nigeria’s inflation drops to 16.63%

Inflation drops to 18.02%

October 15 2025
Ben Murray-Bruce joins APC

Ben Murray-Bruce joins APC

October 15 2025
Senate moves to fast-track reconstruction of Anyigba–Dekina–Shintaku Road

Senate moves to fast-track reconstruction of Anyigba–Dekina–Shintaku Road

October 15 2025

EDITORIAL REVIEW

Vacations and governance: Why President Tinubu’s trip matters -Guardian

Tinubu, honour promise to ASUU – Punch

by The Editor
October 15 2025
0

The killings in the South East – Thisday

The killings in the South East – Thisday

by The Editor
October 14 2025
0

IOCs: Implement host communities’ projects – Punch

IOCs: Implement host communities’ projects – Punch

by The Editor
October 13 2025
0

Don’t arm FRSC – Punch

Don’t arm FRSC – Punch

by The Editor
October 10 2025
0

FG denies renaming Murtala Muhammed Way, Abuja after Soyinka

Modernise FCT transport operations – Punch

by The Editor
October 8 2025
0

Opinion

Objections over presidential pardon for grave offenders

Objections over presidential pardon for grave offenders

by The Editor
October 13 2025
0

...

1975 public service purge: What have we learnt?

1975 public service purge: What have we learnt?

by The Editor
September 30 2025
0

...

Tinubu finds his own demons

Nigeria’s state of weakness

by The Editor
September 18 2025
0

...

#ENDSARS: A wakeup call for Nigerian media

Passport hikes and burden of multiple means of identification crisis in Nigeria

by The Editor
September 16 2025
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2024 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2024 TheCitizen Ng. All Rights Reserved.