Mr Peter Obi, the Labour Party’s presidential candidate, has stated that fiscal irresponsibility, incapacity to address insecurity, and corruption are the primary causes of Nigeria’s failing economy.Information Guide Nigeria
Obi also stated that domestic difficulties created by leadership failure have harmed the country’s unity and cohesiveness.
Speaking at the Lagos Chamber of Commerce and Industry’s Private Sector Economic Forum on Monday, the former Anambra State governor said the government that would succeed Major General Muhammadu Buhari’s dictatorship in 2023 would face a slew of difficult domestic and global issues.
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“The government that will come in 2023 will be confronted by an array of daunting challenges, both domestic and external,” Obi said.JAMB Result
The domestic ones have accumulated over the years, and because of leadership failure, have not been dealt with, and these have impacted heavily on our unity, social cohesion as well as the economic outcome. It has affected us negatively.
“Our country today is bad news. We now have the concentration of the highest number of people living in poverty, the highest number of out-of-school children, and the highest rate of unemployment.”
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