Former Governor of Anambra State, Peter Obi, on Saturday lamented the country’s economic crisis and laid the blame on public office holders.

Speaking at The Platform organized by Covenant Christian Center, Obi charged Nigerians to stop celebrating criminality, adding that there is enough money for development in Nigeria.

Obi, who spoke on the topic: Cutting cost in governance, said he saved over N75b for Anambra state.

Obi said he saved $50m and N7b in Access bank, $55m and N10b in Fidelity bank, and $155.4m in Diamond bank.

According to him, spending habit of most governors is what is causing poverty, adding that the states can still function on their income and still save money.

On calls to borrow money to boost the economy, Obi said “There is nothing wrong with borrowing. The crisis we are facing is that we do not know what we are using the money we are borrowing for.”

“Nigeria can make good use of the money if the leaders reduce spending.”He asked Governors to spend less to running their offices and maintaining their aides.

Continuing, the financial expert said: “Do away with unconstitutional office of the First Lady.”

“Reduce Governor’s cars to 2, instead of 6 bullet-proof cars.

“Reduce government house jeeps instead of 25 jeeps.”

Peter Obi recalled that it used to cost him and his contingent N10m per trip to Abuja when he travels.

Obi said he later cut down the expenses, because he found out that over 30 people who had nothing to do in Abuja were going with him.

“When Ex-President Olusegun Obasanjo wanted to come to Anambra state, they were supposed to used N500m to construct a presidential lodge, but I asked the President to sleep in my house through-out his stay,” he said.

The presidency this week boasted that it has the best economic policy ever.

“When Ex-President Olusegun Obasanjo wanted to come to Anambra state, they were supposed to used N500m to construct a presidential lodge, but I asked the President to sleep in my house through-out his stay,” he said.

blueto:
Imagine Obansajo raining animadversions on GEJ for an alleged ‘reckless’ spending, and one would think he wasn't culpable of such.

Anyway, no amount of libelous statements against GEJ can sway me, because I know and it is indelible to me that GEJ performed excellently. They attribute his success to oil price as if oil price can automatically improve the economy without good and apt economic policies in order to make optimal use of revenues. Was Nigeria the only oil producing nation when Jonathan was in power?? why was it that no other oil producing economy was able to challenge the Nigerian economy in becoming the third fastest growing economy in the world and the largest economy in africa with inflation rate at a single digit? it was clearly because of the repercussions of his apt economic policies and programmes. His policies were evaluated and rated topnotch globally by world bank and other eminent int'l and local economic institutions.

through the comprehensive Agricultural Transformation Agenda program of the previous govt, they recorded many landmark achievements. Through agriculture they created thousands of jobs across the country. The provision of inputs in 10 Northern states enabled dry season farming; and profitably engaged over 250,000 farmers and youths even during the dry season.

Through the comprehensive Agricultural Transformation Agenda program, inflation fell to 7.8% in October 2013, its lowest since 2008, as a result of higher domestic food production.

they launched the Growth Enhancement Scheme to provide targeted support for seeds and fertilizers to 5 million farmers per year or 20 million farmers within four years. Through the scheme, they were providing subsidized inputs to farmers via an e-Wallet program. In fiscal year 2013, an estimated 4.2 million farmers received subsidized inputs. As a result, in 2013, they produced 1.1 million metric tonnes of dry season rice across 10 Northern states; and over 250,000 farmers and youths in these states are now profitably engaged in farming even during the dry season.

they launched Staple Crop Processing Zones to support investments in the entire agricultural value chain. there are significant private investment commitments from agribusiness ventures such as: Flour Mills of Nigeria, the Dangote Group, Syngenta, Indorama, AGCO, and Belstar Capital.

In 2012, 2.2 million metric tonnes of cassava chips were exported, exceedingthe Agricultural Transformation Agenda’s target by over 100%, while the 40% substitution of cassava for wheat has been achieved through research and collaboration with the IITA and Federal Institute for Industrial Research.

Similarly, there has been a decline in wheat imports to Nigeria from an all-time high of 4,051,000MT in 2010 to 3,700,000 MT in 2012.

These days, the most discernible policy of the new APC government is to attack everything Jonathan. However, propaganda can only mask the truth in the short-term. It cannot destroy the truth in the medium to long-term. No matter what APC traducers say, the fact remains that Goodluck Jonathan was an exceptional president by Nigerian standards.

Babatunde Fashola, the current minister of Power, Works and Housing. At his maiden news conference, tagged grandiloquently: “Setting the Agenda for Delivering Change,” the same Fashola who spent the election campaign running down the Jonathan administration shocked his audience by revealing that, rather than embark on new road construction projects in 2016, he would only endeavour to build on Jonathan’s achievements.

Wittingly or unwittingly, Fashola gave the lie to APC propaganda that Jonathan’s years were wasted years? If Jonathan was as incompetent as the APC would have us believe, why could the party not launch its own superior nationwide road-building plan, as Buhari had promised in the heady days of the 2015 election campaign? Why rely on allegedly sub-standard PDP foundations?

blueto:
Imagine Obansajo raining animadversions on GEJ for an alleged ‘reckless’ spending, and one would think he wasn't culpable of such.

Anyway, no amount of libelous statements against GEJ can sway me, because I know and it is indelible to me that GEJ performed excellently. They attribute his success to oil price as if oil price can automatically improve the economy without good and apt economic policies in order to make optimal use of revenues. Was Nigeria the only oil producing nation when Jonathan was in power?? why was it that no other oil producing economy was able to challenge the Nigerian economy in becoming the third fastest growing economy in the world and the largest economy in africa with inflation rate at a single digit? it was clearly because of the repercussions of his apt economic policies and programmes. His policies were evaluated and rated topnotch globally by world bank and other eminent int'l and local economic institutions.

through the comprehensive Agricultural Transformation Agenda program of the previous govt, they recorded many landmark achievements. Through agriculture they created thousands of jobs across the country. The provision of inputs in 10 Northern states enabled dry season farming; and profitably engaged over 250,000 farmers and youths even during the dry season.

Through the comprehensive Agricultural Transformation Agenda program, inflation fell to 7.8% in October 2013, its lowest since 2008, as a result of higher domestic food production.

they launched the Growth Enhancement Scheme to provide targeted support for seeds and fertilizers to 5 million farmers per year or 20 million farmers within four years. Through the scheme, they were providing subsidized inputs to farmers via an e-Wallet program. In fiscal year 2013, an estimated 4.2 million farmers received subsidized inputs. As a result, in 2013, they produced 1.1 million metric tonnes of dry season rice across 10 Northern states; and over 250,000 farmers and youths in these states are now profitably engaged in farming even during the dry season.

they launched Staple Crop Processing Zones to support investments in the entire agricultural value chain. there are significant private investment commitments from agribusiness ventures such as: Flour Mills of Nigeria, the Dangote Group, Syngenta, Indorama, AGCO, and Belstar Capital.

In 2012, 2.2 million metric tonnes of cassava chips were exported, exceedingthe Agricultural Transformation Agenda’s target by over 100%, while the 40% substitution of cassava for wheat has been achieved through research and collaboration with the IITA and Federal Institute for Industrial Research.

Similarly, there has been a decline in wheat imports to Nigeria from an all-time high of 4,051,000MT in 2010 to 3,700,000 MT in 2012.

These days, the most discernible policy of the new APC government is to attack everything Jonathan. However, propaganda can only mask the truth in the short-term. It cannot destroy the truth in the medium to long-term. No matter what APC traducers say, the fact remains that Goodluck Jonathan was an exceptional president by Nigerian standards.

Babatunde Fashola, the current minister of Power, Works and Housing. At his maiden news conference, tagged grandiloquently: “Setting the Agenda for Delivering Change,” the same Fashola who spent the election campaign running down the Jonathan administration shocked his audience by revealing that, rather than embark on new road construction projects in 2016, he would only endeavour to build on Jonathan’s achievements.

Wittingly or unwittingly, Fashola gave the lie to APC propaganda that Jonathan’s years were wasted years? If Jonathan was as incompetent as the APC would have us believe, why could the party not launch its own superior nationwide road-building plan, as Buhari had promised in the heady days of the 2015 election campaign? Why rely on allegedly sub-standard PDP foundations?

blueto:
Imagine Obansajo raining animadversions on GEJ for an alleged ‘reckless’ spending, and one would think he wasn't culpable of such.

Anyway, no amount of libelous statements against GEJ can sway me, because I know and it is indelible to me that GEJ performed excellently. They attribute his success to oil price as if oil price can automatically improve the economy without good and apt economic policies in order to make optimal use of revenues. Was Nigeria the only oil producing nation when Jonathan was in power?? why was it that no other oil producing economy was able to challenge the Nigerian economy in becoming the third fastest growing economy in the world and the largest economy in africa with inflation rate at a single digit? it was clearly because of the repercussions of his apt economic policies and programmes. His policies were evaluated and rated topnotch globally by world bank and other eminent int'l and local economic institutions.

through the comprehensive Agricultural Transformation Agenda program of the previous govt, they recorded many landmark achievements. Through agriculture they created thousands of jobs across the country. The provision of inputs in 10 Northern states enabled dry season farming; and profitably engaged over 250,000 farmers and youths even during the dry season.

Through the comprehensive Agricultural Transformation Agenda program, inflation fell to 7.8% in October 2013, its lowest since 2008, as a result of higher domestic food production.

they launched the Growth Enhancement Scheme to provide targeted support for seeds and fertilizers to 5 million farmers per year or 20 million farmers within four years. Through the scheme, they were providing subsidized inputs to farmers via an e-Wallet program. In fiscal year 2013, an estimated 4.2 million farmers received subsidized inputs. As a result, in 2013, they produced 1.1 million metric tonnes of dry season rice across 10 Northern states; and over 250,000 farmers and youths in these states are now profitably engaged in farming even during the dry season.

they launched Staple Crop Processing Zones to support investments in the entire agricultural value chain. there are significant private investment commitments from agribusiness ventures such as: Flour Mills of Nigeria, the Dangote Group, Syngenta, Indorama, AGCO, and Belstar Capital.

In 2012, 2.2 million metric tonnes of cassava chips were exported, exceedingthe Agricultural Transformation Agenda’s target by over 100%, while the 40% substitution of cassava for wheat has been achieved through research and collaboration with the IITA and Federal Institute for Industrial Research.

Similarly, there has been a decline in wheat imports to Nigeria from an all-time high of 4,051,000MT in 2010 to 3,700,000 MT in 2012.

These days, the most discernible policy of the new APC government is to attack everything Jonathan. However, propaganda can only mask the truth in the short-term. It cannot destroy the truth in the medium to long-term. No matter what APC traducers say, the fact remains that Goodluck Jonathan was an exceptional president by Nigerian standards.

Babatunde Fashola, the current minister of Power, Works and Housing. At his maiden news conference, tagged grandiloquently: “Setting the Agenda for Delivering Change,” the same Fashola who spent the election campaign running down the Jonathan administration shocked his audience by revealing that, rather than embark on new road construction projects in 2016, he would only endeavour to build on Jonathan’s achievements.

Wittingly or unwittingly, Fashola gave the lie to APC propaganda that Jonathan’s years were wasted years? If Jonathan was as incompetent as the APC would have us believe, why could the party not launch its own superior nationwide road-building plan, as Buhari had promised in the heady days of the 2015 election campaign? Why rely on allegedly sub-standard PDP foundations?

Standing5:
[s]Any clueless buffon can perform 10 times what Jonathan did if given similar resources. Jonathan can only rack up those bloated projects because the funding at federal level that helps him hide the dirty details. What did the man do in Bayelsa?[/s]

Yyeske:
Continue your lies, Nigerians now know better

blueto:
Lame! it took the super clueless certificateless cattle rearer 16 months to conduct a successful rigging conclusive election and 6 months in appointing unmerited ministers who colluded with him in formulating inordinate policies and rash decisions that ruined the economy. Just like failing to fulfil his economic promises, he has also failed in fulfilling social promises like visiting the Chibok community, or should we blame GEJ for that too??.

You asked what he did for Bayelsa as if he was the president of republic of Bayelsa, did the economic stability, good standard of living not affect Bayelsa?? If he solely focused on Bayelsa, same people like you will open you mouths to chant marginalisation.

Standing5:
Any clueless buffon can perform 10 times what gej did if given similar resources. gej can only rack up those bloated projects because the funding at federal level that helps

Jesusloveyou:
even with too much money in his disposer, the ineffectual buffoon could not pay salaries and contractors, so which work or project did he do in 6yrs, with too much oil money, he stil waste our foreign reserve, so what did he use the money, only abuja-kaduna railway he could not commission

freshness2020:
Very true...
... meanwhile in Edo Edo state.

Jesusloveyou:
even with too much money in his disposer, the ineffectual buffoon could not pay salaries and contractors, so which work or project did he do in 6yrs, with too much oil money, he stil waste our foreign reserve, so what did he use the money, only abuja-kaduna railway he could not commission

Standing5:
Is blueto reading this? Jonathan was a disaster.

blueto:
Lalasticlala, this is needed on FP, it is worthwhile.

http://dailypost.ng/2016/10/02/recession-nigeria-huge-money-leaders-wasteful-peter-obi/

Jesusloveyou:
even with too much money in his disposer, the ineffectual buffoon could not pay salaries and contractors, so which work or project did he do in 6yrs, with too much oil money, he stil waste our foreign reserve, so what did he use the money, only abuja-kaduna railway he could not commission

Jesusloveyou:
even with too much money in his disposer, the ineffectual buffoon could not pay salaries and contractors, so which work or project did he do in 6yrs, with too much oil money, he stil waste our foreign reserve, so what did he use the money, only abuja-kaduna railway he could not commission

blueto:
Lalasticlala, this is needed on FP, it is worthwhile.

http://dailypost.ng/2016/10/02/recession-nigeria-huge-money-leaders-wasteful-peter-obi/

blueto:
You claimed that he could not pay contractors and you also claimed that he only constructed one railway system, so how come he couldn't pay contractors if he only constructed one railway system?

Jesusloveyou:
that is d same question u always fail to answer when spewing rubbish in all thread, what did ineffectual buffoon do with our money, to the extent of not able to pay salaries, contractors, fertilizer and fuel subsidies, and also reduce our foreign reserve from $47b to $30b
https://www.nairaland.com/newpost?topic=3384912&post=49869473