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As Long As We Don’t Create Jobs, There Will Be Crisis – Peter Obi • Channels Television


The Vice Presidential candidate of the Peoples Democratic Party (PDP), Peter Obi, has stated that Nigeria will likely be confronted with a disaster if the country does now not create jobs.

Obi made this recognized whilst addressing problems on financial insurance policies on the NEDG, BON Vice-Presidential debate on Friday.

He stated that addressing financial problems must be given nice precedence, stressing that revamping the financial system can’t be relegated on the expense of the fight against corruption.

“Fighting corruption is not an economic policy, it is not that you can’t fight corruption, but you can fight it more aggressively while addressing economic issues”.

READ ALSO: #2019Debate: Subsidy In Nigeria Is Fraught With Corruption – Khadijah Abdullahi-Iya

The former governor of Anambra state who was once of the opinion that the best of governments perform as a business, lamented over the expanding charge of unemployment within the nation and financial losses incurred by means of Nigeria.

He stated, “In 2015 unemployment charge was once 24 % however these days it’s 40.

“In 2015, we have been attracting 21billion greenbacks in international direct funding; we attracted best 12 remaining year.

“Our GDP was once 5 hundred and twenty in 2015 and per-capital was once two thousand 5 hundred, these days it’s under 1900.

“Our inventory marketplace has lost over two trillion in a single year”.

Adding, “We now reside in a rustic the place we’ve the very best selection of deficient folks in any country 87 million and rising six % each minute.

“Our nation these days has the very best selection of out of college kids on the planet

“In terrorism, we’ve moved from quantity 7 to quantity 3 just at the back of Iran and Afghanistan

“Our inequality has worsened, our distress index has worsened, our rigidity index we are actually 148 over 149.

“If you take a look at these kinds of, it hinges on two issues from research, and that’s training and unemployment”.

Obi stressed out the will for extra funding in training and the introduction of jobs announcing that “as long as we don’t create jobs and have the number of unemployed youths that we have today, we are going to have a crisis.”

The PDP’s Vice-Presidential candidate warned that the prevailing government can’t proceed prioritizing the fight against corruption over bettering the expansion of the financial system.

He stated, “You can’t close down your shop and be chasing criminals”.

Osinbajo Defends APC’s Position On The Fight Against Corruption

In reaction, alternatively, Prof Yemi Osinbajo stated, “If you allow the criminals to steal all the inventory in the shop, there will be no shop”.

Buttressing his issues additional, Osinbajo blamed the country’s sluggish financial enlargement at the stage of corruption which he says was once witnessed under the 16-year rule of the Peoples Democratic Party (PDP).

According to him, no country can thrive with what he described because the “grand corruption” that the country witnessed on the time.

He, alternatively, praised the Muhammadu Buhari management for what he described as its efforts in reviving the financial system within the remaining 3 years.

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