FOR THE RECORD: Peter Obi’s Speech at Chatham House

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FOR THE RECORD: Peter Obi’s Speech at Chatham House
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The presidential candidate of Labour Party (LP), Peter Obi, was on Monday at the Chatham House, London, to speak on his promises ahead...

PROTOCOLS AND SALUTATIONS

Even after exploiting ethnic and religious cleavages and sentiments to ascend to political power, the very people on whose sentiments they grabbed power often become the primary victims of such political fraud that has rendered Nigeria a failing state with a worsening leadership crisis. Consequently, Nigeria’s Democracy has been on the wane, evident in the Afrobarometer longitudinal tracking which reveals low voter turnout and apathy in the current Republic.

In many ways, this is at the heart of my remarks today which are deeply rooted in my upbringing, particularly my mother’s counsel that I live a life of positive impact and manage both personal and public resources most prudently for sustainable/inclusive growth and development of the society. It is the principle that guided my stewardship as Governor of Anambra State, Nigeria and led to our much-commended performance with some priced awards to show for it.

At the heart of my goal here today is to look at our Labour Party’s key policy planks and how they will drive up the quality of life of the average Nigerian, dramatically reduce poverty and return Nigeria to a place of strategic relevance in a world that needs a thriving and well governed Nigeria stabilizing the continent of Africa, making it a high value add for a planet imperilled by environmental challenges, terrorism and inequity.

A key task is to sequentially but decisively, dismantle the inefficient and anti-market distortionary structures restraining the Nigerian economy from creating the preconditions for a dynamic pro-market economy. We will employ entrepreneurial governance to dismantle impediments to free trade and ease of doing business and implement radical economic policies that will drastically reduce our debt service – a major drain on government revenue today.

The fourth plank of our governance priorities is to “Leapfrog Nigeria into the 4th Industrial Revolution through the application of scientific and technological innovations to create a digital economy”.

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