Rescuing Nigeria From Current Recession Is More Important Than 2023 Elections – Peter Obi

Former Anambra State Governor, Peter Obi has called on Nigerian politicians to put aside their 2023 political aspiratioms and focus on how to rescue the country from the current economic crisis.

Peter Obi made this call while reacting to the National Bureau of Statistics (NBS) report that Nigeria has slid into its worst economic recession in over three decades – 33 years.

Speaking on Monday during an appearance on Channels TV, Peter Obi said rescuing Nigeria from the current recession was more important than the incoming general elections.

The former governor stressed that the funds borrowed by the current administration were not properly put to use, making the current economic crisis to be worse than in 2016.

“Every other country is discussing the recession and how to pull their people out of poverty,” Obi said.

“So what we should do now is to concentrate on the monetary and fiscal policies to start pulling people out of poverty.

“If you see what happened with recent protests, you could see that we are heading into a problem.

“And I want our energy to be concentrated in that problem. The politicians, the class where I belong, should do more, seriously, across party lines, to be able to arrest the situation before it gets out of hand.

“For me, it is in discussing how do we put food on people’s table? Elections will come and we can see how to select the best. But let’s deal with the recession we have 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 monies we borrowed then were not properly invested.”

KanyiDaily recalls that the Former vice-president, Atiku Abubakar had claimed that Nigeria could have avoided sliding into a recession had President Muhammadu Buhari listened to his advice.