2023 Presidency: Peter Obi Finally Reveals What He Will Do About Borrowing if Elected

• Peter Obi of Labour has declared that there is nothing wrong in borrowing as long as the money is needed
• According to him, the borrowed money should be invested well to increase the country’s gross domestic product and per capita income
• However, the presidential candidate also to reduce the nation’s debt burden and eliminate all waste

Presidential candidate of Labour Party (LP), Peter Obi, has declared that there is nothing wrong in borrowing as long as it is used for people oriented projects.

Obi made the assertion in Lagos when he appeared as guest of the Nigerian Guild of Editors (NGE) forum, The News Agency of Nigeria reports.

The Labour Party presidential candidate also promised to reduce the nation’s debt burden and eliminate all waste and rascality, if elected.

Read also

Finally, Peter Obi opens up on ESN violent attacks in southeast, reveals strong position

He said:

“Every nation borrows, individual businesses borrow all over the world.

“What is important is what we use the borrowed money to do. If you borrow for consumption, that is where we have a problem.

“I won’t say I will not borrow but I will only borrow for investment and I will explain to Nigerians the need for the borrowing."

Going further, the former Anambra state governor also promised to reduce the nation’s debt burden, and also eliminate all waste and rascality, if elected.

Governor Ganduje finally speaks, praises Peter Obi's presidential run

Meanwhile, Governor Abdullahi Ganduje has dismissed the candidacy of Peter Obi of Labour Party.

The Kano state governor says Peter Obi running for the presidency as the candidate is a “good omen” for the All Progressives Congress (APC). Ganduje disclosed this on Monday, November 21, during an interview.

Read also

Peter Obi declares that he cannot solve every problem of Nigeria but makes crucial promise

Asked if the growing popularity of Obi may cause problems for the APC, the Kano governor said Obi as LP candidate will have little to no effect on the APC.

Former presidential candidate highlights what will happen to Nigerians should Obi lose 2023 election

In another report, a former presidential aspirant in the 2019 general elections, Charles Udeogaranya has issued a warning to those who intend not to vote for Peter Obi, the Labour Party's presidential candidate in the forthcoming election.

Udeogaranya said that Nigerians should be ready to live in abject poverty and hardship should they fail to elect Obi at the 2023 presidential poll.

Source: Legit.ng