The Labour Party presidential candidate in the 2023 general election, Mr. Peter Obi has expressed his dismay at the prevailing economic difficulties, noting the fact that Nigeria is now dependent on Ukraine, a country ravaged by war, for food assistance.
Obi, who made this statement on Monday, recounted times when the Nigerian economy was faring better than that of Ukraine in 2015.
According to the former Anambra State governor, Ukraine’s GDP per capita was $2,125 in 2015 while that of Nigeria was $2,680.
Meanwhile, he noted that in 2022, the reverse had taken place, with Ukraine’s GDP per capita exceeding $4,000, while Nigeria’s declined to $2,184.
For Obi, this regression in economic growth is attributed to a failure in leadership over the years, adding that Nigeria has remained unproductive since 2015.
“It is disheartening that our once economically confident nation, blessed with vast arable land and abundant natural resources, now relies on a war-torn Ukraine for food assistance.
“This national disgrace stems from years of leadership failure, necessitating urgent reflection and a reordering of our national priorities and resource management and allocation.
“Instructively, Ukraine, with a population of 43 million on 603,728 km2, outshines Northern Nigeria, covering 744,249 km2 with a young, energetic population exceeding 100 million.
“In 2015, Ukraine’s GDP per capita was $2125, compared to Nigeria’s $2680. By 2022, despite being at war, Ukraine’s GDP per capita exceeded $4000, while Nigeria’s regressed to $2184.
“Ukraine cultivates over 60% of its arable land, whereas Nigeria has over 60% uncultivated arable land. Despite the conflict, Ukraine feeds itself, and exports agricultural products worth over $ 25 billion which is about the same value as our crude oil export earnings, and it serves as a strategic global food supplier, even providing aid to a peaceful yet unproductive Nigeria,” Obi said.
(Nairametrics)
