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Peter Obi – Poverty likely to increase in Nigeria

By Busari Kabirat

Peter Obi, one of the 2023 Nigeria presidential candidates and from Labour Party (LP), had on the X social media platform made known to the general public that the power outages and continuous increase in price of petroleum products in Nigeria could lead to increased poverty in our country Nigeria.

Stating further that this could be a negative impact on small scale businesses who depend on the energy produced by the nation as their source of energy for their businesses, emphasizing on how the Northerners have been facing a total blackout for several days now.

He tweeted, “The continued power outages in many parts of the country, particularly in the Northern and Eastern States, as well as South-South states, have remained a cause of grievous concern.

“The negative impact of the continued power outage on businesses, especially small businesses, who depend primarily on public power supply to sustain their businesses as a means of livelihood, is unimaginable.

“This power crisis, when combined with the present high cost of petroleum products and a harsh operating environment, remains a lethal recipe for widespread business failure and increasing poverty in the country.”

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