“Don’t lay emphasis on money sharing” — Peter Obi tells delegates

Presidential aspirant of the Peoples Democratic Party (PDP), Peter Obi has appealed to delegates to consider the future of their children when voting and not give in to money sharing politicians.

Addressing PDP delegates in Calabar ahead of the forthcoming party’s presidential primary of May 28 and May 29, the astute industrialists vowed to put an end to old trend of monthly allocation sharing formula and replace it production formula governance.

He maintained that it is time to work towards nation rebuilding given how battered the economy has been

The former governor of Anambra stresses that any nation that must survive on-global meltdown must be productive rather than sharing and consuming it’s hard earned resources

“Nigeria is a nation of over 200 million people with about 100 million living in poverty, over 18 million out of school children out of which about 10 million are girls.

“We have 35 per cent unemployment rate and if we add underemployment it will rise to over 50 per cent, many of which are youths in their productive age, so we cannot be celebrating,” he said.

“The consequence of borrowing for consumption today is that Nigeria is spending over 90 per cent of its revenue to service debts without much production to show for it.

“Exporting crude oil has not saved Venezuela or any country, we need to invest in our massive land mass and grow our economy like other nations such as Singapore, Vietnam and even Morocco has done with tourism,” he maintained.

He then urge party delegates to shun money sharing as many politicians would do but when it was time to vote they should consider the future of their children.

Responding, Mr Venatius Ikem, Chairman of PDP in Cross River, said although things had gone really bad for the nation, we could start repairing for the future by voting right.

According to him, Obi is the kind of president Nigeria needs because after listening to him every right thinking person should have a sober reflection on the way forward for Nigeria.

“I believe if i become president, Nigeria will have a turn around.
“I however do not expect Nigerians to just wish but express their wishes through their support for Peter Obi,” he noted.

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