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Nigeria collapsing, will record 110 million poverty rate by end of 2020 – Peter Obi

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Peter Obi, a former presidential running mate of the People’s Democratic Party (PDP), said that by the end of 2020, Nigeria will produce 110 million poor people.

Obi stressed that Nigeria was drifting towards a massive collapse.

He stated this in response to the latest report released by the World Bank on Nigeria’s projected poverty level.

Speaking during the Peoples Democratic Party, PDP, Southeast Summit on Friday in Awka, the Anambra State capital, Obi urged the party to rise up to this challenge.

According to Obi: “Your country is drifting, it is collapsing. And if you don’t do anything, it will set its revenge on you.

Nigeria collapsing and will record 110 million poverty rate by end of 2020 – Peter Obi

“The World Bank released a report, go and read that report. This year alone, 11 million Nigerians will fall into poverty.

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“The 11 million is on top of the 100 million that is already there. That means by the end of this year, Nigeria will have over 110 million people living in poverty. It is important to know that of these 11 million persons falling into poverty, eight million are youths.”

Globalgistng Nigeria

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