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

…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.

 

Previous Post

Court indefinitely adjourns hearing on Imo APC guber primary

Next Post

Oshiomhole seeks court order to avoid EFCC probe

Related Posts

Pres. Tinubu swears in two new ministers
Headlines

Tinubu orders arrest, suspends three perm secs as ICPC uncovers new fake agency

August 21 2026
93 percent of inmates are state offenders, half don’t need jail — Interior Minister
Headlines

FG declares Tuesday public holiday for Eid ul Mawlid

August 21 2026
US Congress okays bill to cut foreign aid to Nigeria
Headlines

FBI asks US court to keep records on Tinubu drug trafficking probe secret

August 21 2026
FCSC warns against fake recruitment links
Latest News

FCSC warns against fake recruitment links

August 21 2026
UK warns citizens against travel to 28 Nigerian states over terrorism, kidnap risk
Global News

UK warns citizens against travel to 28 Nigerian states over terrorism, kidnap risk

August 21 2026
Country of Particular Concern: We cannot remove Nigeria’s CPC tag — US Congressman insists
Global News

Country of Particular Concern: We cannot remove Nigeria’s CPC tag — US Congressman insists

August 21 2026
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

Adeleke chairmen seize Osun LG secretariats

Adeleke chairmen seize Osun LG secretariats

by The Editor
August 18 2026
0

...

APM sweeps Bauchi LG poll, wins all 20 chairmanship seats

APM sweeps Bauchi LG poll, wins all 20 chairmanship seats

by The Editor
August 18 2026
0

...

Lagos Council defies NLC directive to skip Pro-Tinubu Group inauguration

Lagos Council defies NLC directive to skip Pro-Tinubu Group inauguration

by The Editor
August 12 2026
0

...

Federal High Court relocates Lagos division to new complex

Federal High Court relocates Lagos division to new complex

by The Editor
August 6 2026
0

...

APPOINTMENTS

Tinubu names new Head of Service

Tinubu names new Head of Service

by The Editor
August 19 2026
0

...

Sahara Upstream positions Arahas and SGIR for next growth phase, deepens investment in African oilfield services

Sahara Upstream positions Arahas and SGIR for next growth phase, deepens investment in African oilfield services

by The Editor
August 8 2026
0

...

Police IG deploys new CPs to eight states, other formations

Police IG deploys new CPs to eight states, other formations

by The Editor
August 7 2026
0

...

Katsina governor swears in four permanent secretaries

Katsina governor swears in four permanent secretaries

by The Editor
August 6 2026
0

...

ODDITIES

Man sets mother on fire in Cross River over witchcraft accusation

Man sets mother on fire in Cross River over witchcraft accusation

by The Editor
August 20 2026
0

Celestial Church begins probe into Temitope Osoba’s death

Celestial Church begins probe into Temitope Osoba’s death

by The Editor
August 13 2026
0

Indimi joins appeal against $43.5m judgement award to daughters

Indimi joins appeal against $43.5m judgement award to daughters

by The Editor
August 6 2026
0

GLOBAL NEWS

UK warns citizens against travel to 28 Nigerian states over terrorism, kidnap risk

UK warns citizens against travel to 28 Nigerian states over terrorism, kidnap risk

by The Editor
August 21 2026
0

...

Country of Particular Concern: We cannot remove Nigeria’s CPC tag — US Congressman insists

Country of Particular Concern: We cannot remove Nigeria’s CPC tag — US Congressman insists

by The Editor
August 21 2026
0

...

Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada invites 1,000 candidates to apply for permanent residence

by The Editor
August 20 2026
0

...

Trump threatens to bomb Oman

Trump threatens to bomb Oman

by The Editor
August 18 2026
0

...

Putin defies Trump with second nuclear weapons test

Russia summons Japan ambassador over disputed islands row

by The Editor
August 18 2026
0

...

State of the States

Gov. Otu bows to pressure, orders release of detained critic Odama

Gov. Otu bows to pressure, orders release of detained critic Odama

by The Editor
August 20 2026
0

...

2027: Makinde to unveil APM presidential campaign council Friday

Oyo declares Thursday work-free for 2026 Isese day

by The Editor
August 19 2026
0

...

Gov. Adeleke deposes Oba Joseph Oloyede, Apetu of Ipetumodu

Account Freeze: Adeleke orders Osun Attorney-General to withdraw suit against EFCC

by The Editor
August 18 2026
0

...

Lagos leads January 2026 FAAC allocations with N55.83bn

Sanwo-Olu inducts 1,000 as Lagos internship beneficiaries hit 8,000

by The Editor
August 13 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Pres. Tinubu swears in two new ministers

Tinubu orders arrest, suspends three perm secs as ICPC uncovers new fake agency

August 21 2026
Lives of All Nigerians Carry Equal Value: ICADAR responds to Senate, House calls for reconsideration of Police withdrawal from VIPs

Northern senators renew call for state police

August 21 2026
Afenifere denies endorsing Buhari’s re-election

Afenifere raises alarm over attacks on farmers in South-West

August 21 2026
Police rescue 75 kidnapped travellers in Kaduna

Police rescue 75 kidnapped travellers in Kaduna

August 21 2026

EDITORIAL REVIEW

BREAKING: Kidnapped Oyo pupils, teachers regain freedom

Terror victims deserve care – Punch

by The Editor
August 21 2026
0

Unfilled tertiary education spaces debacle – Punch

Unfilled tertiary education spaces debacle – Punch

by The Editor
August 20 2026
0

Reps in rowdy session over motion to summon Tinubu

Accounting for recovered assets – Punch

by The Editor
August 18 2026
0

Stop recruiting youths for election violence – Punch

Stop recruiting youths for election violence – Punch

by The Editor
August 12 2026
0

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Country of ghost workers, ghost MDAs – Punch

by The Editor
August 11 2026
0

Opinion

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Adeleke’s win and the cost of winning at all costs

Adeleke’s win and the cost of winning at all costs

by The Editor
August 18 2026
0

...

Airtime credit dispute and need for clarity

Airtime credit dispute and need for clarity

by The Editor
August 5 2026
0

...

Tinubu swears in four Permanent Secretaries, INEC commissioner

Tinubu: The Audacity to Hope – Three years after

by The Editor
July 31 2026
0

...

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

© 2026 TheCitizen Ng. All Rights Reserved.

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

© 2026 TheCitizen Ng. All Rights Reserved.