By Franca Joseph (AGENDAWATCHDOG) – Peter Obi, the former Vice Presidential candidate of the People’s Democratic Party (PDP) in the 2019 general elections, has projected that there will be 110million poor people in Nigeria by the end of this year.
Obi made this disclosure on Friday in Awka, the Anambra State capital during a PDP Southeast conference.
In his words, “Your country is drifting, it is collapsing. And if you don’t do anything, it will set its revenge on you.
“The World Bank released a report, go and read that report. This year alone, 11 million Nigerians will fall into poverty.
“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 this 11 million person falling into poverty, eight million are youths.”
A World Bank report had predicted that the impact of the COVID-19 pandemic could increase Nigeria’s poverty rate by as much as 15 to 20 million by 2022.