Nigeria Is Facing A Serious Problem To The Extent That We Will Not Survive It — Peter Obi Reveals
Peter Obi warns Nigeria is “sinking”, citing unemployment, drug abuse, and unsustainable borrowing.
On SYMFONI TV, he said youth joblessness forces adults to live with parents due to no jobs.
He said drug prevalence is 14.9%, above global 5.8%, worsened by social conditions.
On debt, Obi said borrowing is fine citing US ~100%, China 50%+, Japan 230%, Singapore 120%, Norway 50%, but misuse is borrowing for consumption not production.
He warned Nigeria has “borrowed for picnic” consumption, saying problems may become unsustainable and we may not survive it.
