2023: Peter Obi speaks on ‘selling’ NNPC if he becomes president via politicsngr
POLITICS NIGERIA reports that speaking with journalists before a recent campaign rally, Obi, a former Anambra State governor, said excessive dependence on oil is failing Nigeria.“Oil is a diminishing asset that’s not giving anybody, anything. Oil contributes less than 10 percent of our Gross Domestic Product, GDP, but it contributes about 50 percent of federal government revenue which should not be. If we are a productive country, we can earn more money from other areas apart from oil.
Obi added: “If I become president, within the few years I will devote the money from oil in trying to ensure that we clean up, and be able to develop Niger Delta for what they have suffered. Then resources from other places will be used to develop the areas.“So, I am not going to sell the NNPC, it is the least of my problems.“NNPC is not even producing anything today, it is not making any profit, it is not contributing anything today.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2023: Peter Obi's supporters might frustrate, de-market him in Southeast - Northern elders spokesmanWith less than 60 days to the presidential election, the National Director of Publicity of the Northern Elders Forum, NEF, Hakeem Baba-Ahmed, has warned
Read more »
2023: How Obasanjo endorsed Atiku in 2019 because of Peter Obi - KeyamoFestus Keyamo, spokesman for the APC Presidential Campaign Council has said that Ex-President, Olusegun Obasanjo endorsed Atiku Abubakar in 2019 because of Peter Obi. Keyamo, who is also the Minister of State for Labour and Employment gave these projections on Tuesday when he appeared on Channels TV Politics Today. He said: “We can confidently say …
Read more »
2023: Peter Obi's most formidable foe is violence in S'East - NEF spokesmanThe National Director of Publicity and Advocacy of the Northern Elders Forum, NEF, Hakeem Baba-Ahmed has said that Peter Obi's presidency 'could end the
Read more »
2023: Atiku clears air on using Peter Obi's image for campaignThe spokesperson for the Atiku, Okowa Presidential Campaign Council, Daniel Bwala has denied that his party, the Peoples Democratic Party, PDP, is using
Read more »
2023: I’ll end insecurity, create jobs - Peter ObiThe presidential candidate of the Labour Party (LP), Mr. Peter Obi has vowed to end hunger and poverty in Nigeria if voted into power in the forthcoming
Read more »
2023: It's not prudent to vote for Peter Obi- BrymoThe former Chocolate City artiste says the APC presidential flagbearer has a plan for the country.
Read more »