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2023: The Only Reason I Will Borrow If I Become The President – Peter Obi

by Victor Ndubuisi
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The 2023 general elections, according to Peter Obi, are an existential exercise for the country and should not be based on ethnic or religious prejudice.

Borrowing, according to Peter Obi, the Labour Party’s (LP) presidential candidate, is fine if properly invested.

The LP candidate said that every country in the world borrows, but the problem was that Nigeria borrowed for consumption rather than creation.

The former Anambra State governor made the denial during an interactive session with the Nigerian Guild of Editors on Monday in Lagos State (NGE).

I’ll Only Borrow Money For Production – Peter Obi

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Peter Obi said that he had never paid anyone to work for him and that no one was supporting his campaigns.

The 2023 general elections, according to Obi, are an existential exercise for the country and should not be based on ethnic or religious sentiment, pointing out that Nigeria would not grow unless the people begin to elect competent leaders.

While stressing that if elected, he would better serve Nigerians, he maintained that the 2023 general elections must be based on character, competence, capacity, and ability or willingness to begin doing the right thing.

Obi pointed out that the demand for Nigeria’s presidential seat was difficult as it required huge mental and physical energy, therefore, “Let nobody say we are going to manage someone who will surround himself with people that will mismanage our resources again.”

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He stated that if elected in 2023, he would ensure that Nigeria utilised its natural resources, particularly land, which he believes has the potential to feed the country.

Obi said that the “Next year’s election will not be about the tribe. Please do not vote for Peter Obi because he is from the South-East. It is not going to be my turn but the turn of Nigeria to take back their country.

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“It is not about tribe because the people in the South do not buy bread cheaper or show me where in the South-West where they have uninterrupted electricity supply or roads that are meant for South-West people only.

“Since I came to Lagos, they have been constructing Lagos- Ibadan Expressway and it has not been completed. So, it is not about the tribe. The North is more insecure than the South, so it has nothing to do with the tribe.

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“We are looking for people who will not steal our money. So, you need to examine all of us and know who to trust based on character, integrity and competence. Next year’s election will be based on character, competence, capacity and ability or commitment to start doing the right thing and I assure you that I’m committed to it.”

Speaking on Nigerian debt, he said, “Nothing is wrong with borrowing if invested properly. Every nation in the world that I have studied borrows. The problem with borrowing is what you do with the money. It’s okay to borrow for production but there’s a problem when you borrow for consumption.

“I will only borrow for production and I will explain to Nigerians why I’m borrowing. I must talk to the people because the job of a leader is to communicate with the people.”

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