Nigeria's economic troubles are caused by poor administration and a lack of political will on the part of those in charge of holding public offices.
The opposition Labour Party's (LP) Peter Obi, who is running for president, made this statement on Monday during a presentation at the Lagos Chamber of Commerce and Industry's (LCCI) Private Sector Economic Forum on the 2023 Presidential Election.
Obi, who pointed out that the next administration would inherit a wide range of economic and social difficulties, pledged to end the curse of weak political will and emphasised the need to work assiduously on enhancing institutional growth.
Obi, a former Governor of Anambra State, South East Nigeria, said the critical areas his administration would focus include: production/manufacturing sector; diversification of economy, especially from being an oil based to other viable sectors; expanding physical infrastructures; developing human capital; improving security, among others.
All of these, Obi affirmed were to be coordinated and implemented in such a way to bring back the people’s trust to the government.
Obi is the second Presidential candidate being featured by LCCI for the 2023 presidential poll.
Recall that the candidate of the opposition People’s Democratic Party, PDP, Atiku Abubakar, featured last week Tuesday on the same Forum, still underway in Commerce House, Victoria Island, Lagos.