• News - South West - Lagos
  • Updated: February 06, 2024

Fighting corruption crucial for Nigeria’s economic growth — Peter Obi

Fighting corruption crucial for Nigeria’s economic growth

Peter Obi, the presidential candidate of the Labour Party, has underscored the urgent need to address corruption and criminality as essential steps towards advancing Nigeria's economy.

Speaking at the 21st CVL annual lecture and international leadership symposium on skills-driven entrepreneurship, held to commemorate the 68th birthday of Prof. Pat Utomi in Lagos, Obi highlighted that corruption and criminal activities undermine professionalism and diligent work.

He emphasized the imperative for the government to take deliberate actions in combating these destructive forces to propel the nation forward.

“Any country where the government officials are richer than businessmen and manufacturers will not survive.

“We must dismantle corruption and reward people for their talents, skills and energy,” he said.

According to him, the country must be structured in a way that people’s talents and hard work give them the opportunity to thrive and contribute to the economy.

In a panel discussion, Alfred Okoigun, founder/ group managing director, Arco Group Plc, charged the government to be deliberate and intentional in supporting local production.

Okoigun implored Nigerians to scale up their skills to improve their lives and contribute to the economy.

He also advised entrepreneurs to be concerned about making an impact in business and not just making money.

Also, Tunde Kehinde, co-founder, Lidya, a digital fintech lender, suggested that the country should be seen as a business, hence a strategy for its growth, maintenance and sustainability must be ensured by its leadership.

Kehinde noted that there were so many opportunities in the Nigerian market that could solve the problems of the country.

“There need to be clarity and direction from the government about where the country is going so that the citizens can key into it to get to the next level,” he said.

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