
The Digest:
Former presidential candidate Peter Obi has condemned Nigeria’s political class for focusing on power struggles while over 141 million citizens live in poverty.
Key Points:
- Obi stated that 62% of Nigerians (141 million) will be in poverty by 2026.
- Poverty surged from 81 million in 2019 to 139 million in 2025.
- He contrasted Nigeria with India and Indonesia's poverty reduction successes.
- Weak income growth and high costs continue to worsen living conditions.
- Low-income households spend up to 70% of their income on food.
- Obi called for structural reforms in agriculture, education, and job creation.
- He described the situation as a "national failure" and a threat to Nigeria's future
Sources: Daily Post Nigeria, Peter Obi on X (Twitter)