The Labour Party’s 2023 presidential candidate, Peter Obi, spoke about Nigeria’s ongoing electrical problems and connected them to an important historical moment..CONTINUE FULL READING>>>>>
He cited a September 1964 letter to the World Bank written by Tafawa Balewa, the country’s first prime minister. During his visit to Balewa’s mausoleum, Peter Obi, who was interviewed by REFRESH NIGERIA, said he respected the late Prime Minister and admired his commitment to Nigeria’s advancement. He emphasized the need of learning from previous leaders and emphasized the necessity of strong energy policies for the advancement of the country.
Obi discussed how the World Bank acknowledged the project’s potential advantages for Nigeria and granted Balewa’s loan request. He emphasized that the energy sector is essential to the nation’s development and urged for continued efforts to address the country’s persistent power issues. According to Peter Obi, his message strikes a chord with Nigerians who are optimistic about a better future driven by dependable electricity as the country struggles with its electrical problems.
“I want to borrow $82 million to build the Kainji Dam,” Tafawa Balewa wrote to the World Bank in September 1964, according to Obi. That was 58 years ago. He said in the letter that it was to promote economic expansion in my nation. “The World Bank responded, ‘We approve this because it will help in the development of your country.'” 8:42.CONTINUE FULL READING>>>>>