Former Anambra State Governor Peter Obi has expressed his concerns about Nigeria’s economic situation, describing it as a state of “Gwo Gwo Gwo Ngwo,” which suggests a dire economic crisis. In a recent video shared on social media, Obi highlighted the country’s Gross Domestic Product (GDP) in 2005, which was nearly $500 billion with a per capita income of over $2,500. However, he noted that the current per capita income is only slightly above $1,000.
Obi also criticized Nigeria’s debt situation, stating that the country’s debt has “tripped.” He questioned the use of borrowed funds, jokingly suggesting that the money might have been “swallowed by snakes, pythons, or monkeys.” Obi emphasized that Nigeria is facing a severe economic crisis, which he attributed to the country’s debt and poor management of resources.
The former governor urged Nigerians to take action to address the crisis and ensure a better future for the country. The video has sparked a lot of discussion on social media, with many Nigerians sharing their thoughts on the country’s economic situation and possible solutions to the crisis. Obi’s statement has resonated with many, who are calling for urgent action to address Nigeria’s economic challenges.
Nigeria’s economic situation has been a topic of concern for many, with the country facing a range of challenges, including a large budget deficit, high inflation, and a struggling economy. The country’s debt has also been a major concern, with many questioning the use of borrowed funds and the impact on the economy.
Obi’s statement has added to the growing calls for urgent action to address Nigeria’s economic challenges. Many are calling for the government to take decisive action to address the crisis, including reducing debt, improving resource management, and implementing policies to stimulate economic growth.
The video has sparked a lot of discussion on social media, with many Nigerians sharing their thoughts on the country’s economic situation and possible solutions to the crisis. Some have praised Obi for speaking out on the issue, while others have criticized him for not offering concrete solutions.
Regardless, Obi’s statement has highlighted the need for urgent action to address Nigeria’s economic challenges. The country’s economic situation is a major concern for many, and it is clear that something needs to be done to address the crisis.
