The 2023 labour party presidential candidate , Peter Obi has reacted to the claims by the Federal government that it inherited a bankrupt Nation.
In a statement released on Thursday November 16th, Obi said the federal government claims were without foundation and that the government has failed to disclose the full extend of the country’s financial problems.
Obi said “I just read yesterday a widely published story from the present APC led federal government, saying that they inherited a bankrupt nation from their predisessor APC administration ,but the story failed to disclose what they inherited which has qualify us for bankrupt status”.
“One major characteristic of a responsible government is transparency and strict accountability. This demands that the government disclose exactly the degree of deficit they inherited .what they inherited should be disclosed to enable the public know where bee are and where we are heading to “.
Recall that the previous APC government made the same claims in 2015 again the PDP administration that handed over to them without telling the nation what they inherited ”
Obi said that the federal government had increased the country ‘s debt from 12.6 trillion Naira in 2015 to 87 trillion naira in 2023 and that the government had failed to improve any of the key development indices including Education,health poverty eradication and security.
Obi added that instead ,the nation’s condition on every development indices got worse leading to the present sad state.
Nigerians know things are bad and they experience it daily.what they now want to hear regularly are measurable and verifiable steps to improve the situation ” obi added.
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