September 26, 2023

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Obi to APC : Fighting corruption not an economic policy

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Obi to APC : Fighting corruption not an economic policy 

 Vice  Presidential candidate of the Peoples Democratic Party, PDP, Mr. Peter Obi has told the All Progressive Congress,  APC-led Federal Government that war against corruption “is not an economic policy “.

The former Anambra Governor who made the submission while speaking at the 3rd South East Economic Summit held Wednesday in Enugu,  regretted that APC erroneously pursued fight against corruption as an economic policy.

He said that Nigeria is today in reverse gear because the government in power failed to build strong institutions and chose to oppress perceived political enemies under the guise of anti graft war.

Obi insisted that when a nation builds strong institutions, the system would naturally take care of corruption without discrimination.

 The theme of the summit was “South East Nigeria: The Investment Destination.”

He advised the federal government to develop the proper economic policies to move Nigeria forward. 

According to him,  the new economic order is knowledge-based and not political witch-huntting.

The former Governor and banker therefore, urged called South East and the entire Nigeria to rise to the new world order and return Nigeria to the part of greatness.

 Obi who was a member  of the Presidential Economic Team during the administration of former President Goodluck Jonathan, maintained that the new order could only  be achieved through giving priority   to education.

His words : “We got the talent here; very intellectually endowed and resourceful people of all ages to rise to the occasion.

“We’re all hoping that things will change and the requisite infrastructure put in place, especially in support of education.”

He cited  Venezuela with the biggest oil deposit  in the world but currently in economic crisis due to lack of adequate economic policy, as a typical example of a country with misplaced priority.

Obi further noted a sharp contrast between Venezuela and the state of California without oil but prides the richest State in American  instead of Texas “that is floating on oil.”

The Vice Presidential candidate,  submitted that “it is not about mineral deposits  but about developing sound human resources that will utilize the abundant intellectual capital in the country.”

Obi urged Ndigbo not to relent in their enterprising spirit and ingenuity which he said are big assets that would make them to stand tall among others.


Steve Oko, Publisher/C.E.O, WaWa News Global. For more information on advert placement and news coverage, contact us on: 08038725600, or via email; Always read WaWa News Global - Your most dependable online news platform for the latest breaking news in Nigeria.
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