Connect with us

News

Peter Obi Celebrates Obasanjo at 88 and Praises His Impact in Nigeria

Published

on

Photo source: Google

Former Anambra State governor and 2023 presidential candidate of the Labour Party, Peter Obi, has celebrated Nigeria’s former president, Olusegun Obasanjo, on his 88th birthday.

Obi, in a heartfelt message shared on his X handle, described Obasanjo as a revered elder statesman and father figure whose contributions to Nigeria’s progress remain immense.

The former president, who governed Nigeria first as a military head of state from 1976 to 1979 and later as a democratically elected leader from 1999 to 2007, is widely recognized for major economic and political reforms that shaped the country.

Also, Obi mentioned some of Obasanjo’s achievements during his civilian presidency, noting how Nigeria’s economy grew significantly under his leadership.

According to Obi, when Obasanjo assumed office in 1999, Nigeria’s Gross Domestic Product (GDP) stood at about $59 billion, with a per capita income of around $490, while the country’s foreign debt was approximately $32 billion.

Advertisement

However, by the time he left office in 2007, GDP had risen to $278 billion, per capita income had surged to $1,800, and foreign debt had been drastically reduced to $3.2 billion.

The country’s foreign reserves also saw a major boost, positioning Nigeria as a stronger economic player in Africa.

Obasanjo’s tenure was marked by various policies aimed at economic stabilization and debt relief. One of his most significant achievements was securing a deal with the Paris Club, which led to Nigeria’s debt cancellation, reducing the country’s financial burden.

His administration also introduced reforms in telecommunications, banking, and the oil sector, leading to increased foreign investment and economic expansion.

Beyond economics, Obi praised Obasanjo’s unwavering commitment to Nigeria’s unity and progress, stating that his sacrifices for a better Nigeria and Africa remain remarkable.

The former president has remained active in national and international affairs even after leaving office, often offering advice on governance, democracy, and peacebuilding across the continent.

Advertisement

Concluding his message, Obi wished the former president more healthy, fruitful, and happy years ahead, praying for God’s continued blessings upon his life.


 

News

Nigerian Student Wins 2026 Spelling Bee World Championship

Published

on


It has been reported that a Nigerian won the 2026 Spelling Bee World Championship, which was held in Shanghai, China. The winner, Chinedu Great Okdediachi, has now returned home to Delta State after his victory.

It can be noted that the student had already emerged as one of the Gold Award winners in the Middle School Group category.

“Congratulations once again, Chinedu! Your success continues to inspire young Nigerians to pursue excellence through education. Welcome home, Champion!”

The young star has made Nigeria proud by winning the international competition.


Continue Reading

News

‘My Reforms Have Stabilised Nigeria’s Economy’ — President Tinubu

Published

on


President Bola Ahmed Tinubu has stated that his administration’s economic reforms have helped stabilise Nigeria’s economy and placed the country on a path toward steady growth.

He said “My reforms have stabilised Nigeria’s economy and put it on a path of steady growth.”

The President added that the reforms are creating more opportunities for development across the country.

However, many Nigerians reacted online, with some questioning the impact of the reforms and saying they have yet to experience the positive effects.


 

Advertisement
Continue Reading

News

Nyesom Wike Says He Knows Civil Servants Don’t Like Him

Published

on


Nigerian politician and FCT Minister, Nyesom Wike, has said that he is aware many civil servants do not like him.

He shared that he understands why he is unpopular among some civil servants, explaining that funds previously spent on unnecessary conferences are now being redirected to road construction projects.

He said “Some people say conferences for corruption and I say what is that? You are going for conferences to do what? These are ways government funds are being diverted. I say put this money in this road here and the people will get the impact.”


Continue Reading

Trending