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Obi identifies insecurity, poor infrastructure as drawbacks to investment, economic growth

Faith Fatima Mohammed by Faith Fatima Mohammed
February 5, 2025
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Labour Party (LP) presidential candidate in the 2023 general polls, Peter Obi has identified insecurity and poor infrastructure as the two major drawbacks to investment and economic growth in Nigeria.

He asserted that until these two issues are addressed, the nation will find if difficult fulfilling its reputation as the ‘giant of Africa’.

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Reacting to criticisms of Nigerians in the Diaspora, who have painted a negative of the country to the outside world, the former governor of Anambra State, advised that Nigerians must view such reports not as mere negative propaganda, but rather as blunt criticisms that should serve as springboard for improvements.

In a recent post on his X handle, he highlighted Kemi Badenoch’s strong comments about Nigeria’s unfavourable situation. Badenoch had stated that she wouldn’t want Britain to become like impoverished Nigeria, where a failed government jeopardizes lives.

“Reactions from Nigerians have been mixed—some criticized her, while others believe she merely stated the obvious and should not be vilified,” Obi said.

Read Also: Peter Obi decries frequent Petrol Tanker explosions, calls for urgent action

On insecurity and poor infrastructure, he declared that “anyone familiar with Nigeria’s circumstances know that our performance in these areas is alarmingly low. Unfortunately, the U.S. embassy has pointed this out without hesitation; healthcare remains another major low point.

“On healthcare, the advisory confirmed that although Nigeria has well-trained healthcare professionals, it lacks quality medical facilities. Essential medications for conditions like diabetes and hypertension are often unavailable, and caution is required when purchasing medicine due to the risks of counterfeits.

“Five years after these comments, the situation remains largely unchanged, if not worse. International criticism, such as that from Badenoch, along with negative reviews on official websites warning citizens, should serve as a challenge for us to do better.

“Blind patriotism, which vilifies those who point out our shortcomings, is not sufficient. Instead, we should use these criticisms as a catalyst to prioritize critical areas of development and improve the lives of our people.

“When negative remarks about a country appear on official websites, warning citizens of potential risks, how can we expect to attract investors? These painful rebukes, including those from our own, should motivate us to strive for a new Nigeria that is possible,” he added.

Tags: InsecurityObi
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