Former presidential candidate and Labor Party leader, Peter Obi, has described Nigeria as a naturally wealthy nation whose vast resources have been undermined by poor governance and systemic mismanagement.
Speaking at a public engagement on national development, Obi said Nigeria possesses the human and natural capital required to rank among the world’s leading economies but has instead struggled due to entrenched corruption and weak leadership structures.
“Nigeria is not a poor country,” Obi stated. “It is a rich country that has been turned into a crime scene by those entrusted with its leadership.”
The former Anambra State governor argued that the country’s challenges — including rising debt levels, inflation, unemployment, and insecurity — are symptoms of deeper governance failures.
According to him, meaningful reforms, fiscal discipline and transparent leadership are necessary to reverse the trend.
While supporters view Obi’s comments as a candid assessment of Nigeria’s reality, those opposed to him say sweeping generalizations risk oversimplifying complex structural challenges facing the country.
Opposition politicians intensifying criticisms of the ruling party, the All Progressives Congress (APC), which has been in office since 2015.
With just about a year to the next election, we're likely to hear sharply but heated divergent views on the state of the nation, for political reasons.
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This is the bitter truth, Nigeria is rich but management is our problem