'Nigerian economy may collapse soon'-Peter Obi

'Nigerian economy may collapse soon'-Peter Obi

Former governor of Anambra state, Mr. Peter Obi has warned of imminent collapse of the country's economy if the federal  government does not take immediate steps to arrest the rot in the system.

He also accused government of not doing enough to alleviate the sufferings of the people even as he decried the high level of hunger and poverty that Nigerians are passing through.  

Obi stated this in his address at the Federal University Ndufu Alike Ikwo (FUNAI) during the grand-finale and award presentation of winners of creative writing competition.

The event was organised by the Creative Writers Association of Nigeria, FUNAI Chapter with the theme "Hope for Africa:the birth of a new age.

He urged youths across the country to show more concern on creativity to enable them realize their dreams and warned them to stop emulating the Nigerian leaders.

"Our leaders are doing things wrong, we should not follow them to celebrate what is wrong. What we have in Nigeria is that we are celebrating what is wrong. And I am of the opinion that we should stop celebrating what is wrong and start doing things right so that this country can grow.

"People are hungry and we should join hands together to question our leaders to tell us what is happening in this country and making sure that the right thing are done".

The former governor urged the present administration to cut cost of governance warning that the country is living on borrowed time.

"Our leaders should cut the cost of governance and show more concern on how to improve the standard of living of all Nigerians.

"All of us, from 1960 when we gained independence, if we had done the right thing from then, it is not the question of PDP or APC. We have lived wrongly, We have done the wrong things and that is why the country is not growing.

"If we don`t do anything now the country will collapse. Nigeria is living on a borrowed money. So, you see things are difficult in Nigeria and we need to change our society so that things will get better" he added.

Vice Chancellor of the university , Prof Chinedum Nwajiuba represented by Matthew Eduoga said that the programme was organised to educate the youths on the need to be creative stressing that the problem of Nigeria was that our leaders don`t encourage creativity.

"If you are not creativity, you are not going anywhere. The problem of Nigeria today is that we are not creative. We depend so much on imported things" he noted.

Earlier in a remark, the President of the Creative Writers Association , FUNAI Chapter, Uche Agbo said the purpose for organizing the programme was to refocus African youths on how to be creative and shun all forms of social vices. Ends