Debt Accumulation, Nigeria’s Problem Not Revenue Generation … Ex Governor Obi

Former governor of Anambra state, Peter Obi, has said, the problem of Nigeria is not how to generate revenue, but the accumulation of debts.

 

Obi believes that, the more the Nigerian government pulls its citizens out of poverty, the more the revenue of the country surges, which to him is better than borrowing and accumulating debts.

 

The ex Anambra governor also stated that, current expenditure is not good for a growing economy such as Nigeria’s. He challenged the Buhari led government to show Nigerians critical areas the administration have been investing money during the almost 8 years of his tenure.

 

The former governor said this during a chat with Arise TV News on Monday.

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