Our Past And Continued Mismanagement Of Borrowed Funds Are The Major Contributors To The Monumental Economic Challenges – Peter Obi

Obi said Nigeria now uses 90 per cent of its revenue to service loans because the ones borrowed in the past were mismanaged.

“Former Vice Presidential aspirant and businessman, Peter Obi,  is of the opinion that the past and continued mismanagement of borrowed funds for consumption are major contributors to the monumental economic challenges confronting Nigeria today.

In a thread posted on his Twitter handle this morning, Obi who was one-time Governor of Anambra State, said Nigeria now uses 90 percent of its revenue to service loans because the ones borrowed in the past were mismanaged.

See his tweets below;