Nigeria’s debts can build 160 Kainji Dams- Peter Obi

Labour party’s Peter Obi has said Nigeria has the capacity to erect 160 Kainji Dams.

Speaking at the Ecumenical Centre, Abuja, shortly after holding a campaign rally in Ebonyi State, Mr. Obi said “Sir Tafawa Balewa borrowed $82m to build Kainji dam; 62 years later we still benefit from Kainji dam. Today, we owe a debt that that could build 160 Kainji dams. But where are the dams? We have not invested in regenerative projects.”

He went on to say that the nation is in poverty due to bad governance.

“We can pull our people out of poverty. We must move Nigeria from consumption to production to do so.

“It’s most regrettable that many Nigerians are today living under multidimensional poverty. For the past years, all we have produced is misery, this is the cumulative effect of bad leadership. Everyone must now care about politics,” he added.

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