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Peter Obi unveils seven–point economic master plan

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Presidential candidate of the Labour Party, Peter Obi yesterday in Lagos unveiled seven economic master plans, his administration will concentrate, if he emerges the winner of the 2023 election.

The LP candidate, in his engagement with the private sector under the aegis of the Lagos Chambers of Commerce and Industry (LCCI), said what his government will do was to ensure creating the right environment and follow up on implementing those policies.He said he will engage in aggressive private sector driven economy and block leakages in government.

Obi added that his government will deal with insecurity issue as fast as possible by overhauling the total security architecture and encourage creation of state and local policing.

The LP candidate said under his watch, no government assets will remain idle, assuring that all will be put into productive use in partnership with the private sector.

He said his government will encourage massive production centre growth for food security, ensure effective legal and institutional reforms and expand physical infrastructure

Others according to him include aggressive development of human capital, provide foreign policy to restore Nigeria’s relevance, stimulate industrial revolution, grow foreign reserves and security to lives and property.

He said the issue of oil subsidy was an organised crime, which his government won’t encourage.

“Most of challenges are institutional weaknesses and lack of political will to do the needful.

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“We will streamline governance ensure that it is responsive that provides needed services to the populace.

“To move Nigeria forward requires a concerted efforts that seeks adherence to the rule of law.

“Experience shows that inclusiveness is an essential element in decision-making process.

“I will be fully responsible for actions and decisions taken by my government.

“For you to generate revenue, it is the job of government to encourage economic growth and create jobs, who will in turn invest in the economy and pay taxes.

“Start pulling the people out of poverty and encourage economic growth. China finances its budget majorly from taxes. You need to inject and support the economy.”

On power, he said the problem was the transmission sector, which he promised to liberalise.

SEE ALSO:  NLC rejects Abure's re-election as Labour Party chairman, says it's an illegality

“Yes, we have privatised the generation and distribution but the major link between the two, which is the transmission. For our government, we will liberalise this sector and support the existing companies in that sector. This can be done by aggressively involving the private sector.

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“Government does not have to look for money to do this. The government can go ahead to provide guarantee like it was done in Egypt.”

He added that another challenge bedeviling the country was waste in government, which his administration would decisively deal.

“I have allergy for waste and the same thing will apply in my government.”

Earlier, the president LCCI, Dr. Michael Olawale-Cole said that the private sector in Nigeria contributes about 80 per cent of our GDP, hence, LCCI cannot afford to miss the opportunity to engage Obi on his economic plans for the country.

“While the chamber is non-partisan, we are however interested in the economic agenda of the candidates and their plans to make a better nigeria in the next dispensation.”

He added that the chamber was aware of the over-shadowing effect of politics over economics in managing the Nigerian economy and would therefore wish to contribute to the setting of a new economic order that can take our economy from the doldrums.

“New policy directions, institutional reforms, and sound governance are critical to creating a new economic order in nigeria. This is why we are gathered here today!

“For the past 16 years, LCCI has organized this session in every election cycle.

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“This is a part of its public policy advocacy to provide a first-hand opportunity for presidential candidates of the leading political parties to speak to the organized private sector (ops) on their economic blueprint for Nigeria.

“All patriotic Nigerians would like to know the plans and intentions of a future president, and this will most likely enhance the choices people make at the
Peter Obi unveils seven–point economic master plan
By Everydaynewsngr – September 22, 202206

SEE ALSO:  PDP caucus backs Damagum to continue as Acting National Chair

Presidential candidate of the Labour Party, Peter Obi yesterday in Lagos unveiled seven economic master plans, his administration will concentrate, if he emerges the winner of the 2023 election.

The LP candidate, in his engagement with the private sector under the aegis of the Lagos Chambers of Commerce and Industry (LCCI), said what his government will do was to ensure creating the right environment and follow up on implementing those policies.He said he will engage in aggressive private sector driven economy and block leakages in government.

Obi added that his government will deal with insecurity issue as fast as possible by overhauling the total security architecture and encourage creation of state and local policing.

The LP candidate said under his watch, no government assets will remain idle, assuring that all will be put into productive use in partnership with the private sector.

He said his government will encourage massive production centre growth for food security, ensure effective legal and institutional reforms and expand physical infrastructure

Others according to him include aggressive development of human capital, provide foreign policy to restore Nigeria’s relevance, stimulate industrial revolution, grow foreign reserves and security to lives and property.

Advertisement

He said the issue of oil subsidy was an organised crime, which his government won’t encourage.

“Most of challenges are institutional weaknesses and lack of political will to do the needful.

“We will streamline governance ensure that it is responsive that provides needed services to the populace.

Read Also; Peter Obi will lose in Ondo, kinsmen declare
“To move Nigeria forward requires a concerted efforts that seeks adherence to the rule of law.

“Experience shows that inclusiveness is an essential element in decision-making process.

“I will be fully responsible for actions and decisions taken by my government.

“For you to generate revenue, it is the job of government to encourage economic growth and create jobs, who will in turn invest in the economy and pay taxes.

“Start pulling the people out of poverty and encourage economic growth. China finances its budget majorly from taxes. You need to inject and support the economy.”

Advertisement

On power, he said the problem was the transmission sector, which he promised to liberalise.

SEE ALSO:  BoT takes over affairs of Labour Party, declares Anambra National Convention a charade

“Yes, we have privatised the generation and distribution but the major link between the two, which is the transmission. For our government, we will liberalise this sector and support the existing companies in that sector. This can be done by aggressively involving the private sector.

“Government does not have to look for money to do this. The government can go ahead to provide guarantee like it was done in Egypt.”

He added that another challenge bedeviling the country was waste in government, which his administration would decisively deal.

“I have allergy for waste and the same thing will apply in my government.”

Earlier, the president LCCI, Dr. Michael Olawale-Cole said that the private sector in Nigeria contributes about 80 per cent of our GDP, hence, LCCI cannot afford to miss the opportunity to engage Obi on his economic plans for the country.

“While the chamber is non-partisan, we are however interested in the economic agenda of the candidates and their plans to make a better nigeria in the next dispensation.”

He added that the chamber was aware of the over-shadowing effect of politics over economics in managing the Nigerian economy and would therefore wish to contribute to the setting of a new economic order that can take our economy from the doldrums.

Advertisement

“New policy directions, institutional reforms, and sound governance are critical to creating a new economic order in nigeria. This is why we are gathered here today!

“For the past 16 years, LCCI has organized this session in every election cycle.

“This is a part of its public policy advocacy to provide a first-hand opportunity for presidential candidates of the leading political parties to speak to the organized private sector (ops) on their economic blueprint for Nigeria.

“All patriotic Nigerians would like to know the plans and intentions of a future president, and this will most likely enhance the choices people make at the polls.””

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1 Comment

1 Comment

  1. Angel

    September 23, 2022 at 5:55 am

    Obi is confident,in high spirit and I am optimistic he will change the narratives of things in our economy and political features for the betterment of all Nigerians. However, would the present Nigeria arrangement allows him?

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Politics

Ex-Imo gov, Emeka Ihedioha resigns from PDP

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Ex-Imo gov, Emeka Ihedioha resigns from PDP
Emeka Ihedioha

A former governor of Imo State, Emeka Ihedioha, has resigned his membership of the Peoples Democratic Party, PDP.

In his resignation letter addressed to the PDP chairman in Mbutu Ward, Aboh Mbaise Local Government Area of the state, Ihedioha cited a misalignment between his personal beliefs and the current trajectory of the main opposition party.

The former governor expressed his dedication to the advancement of democracy and good governance in the country despite his decision to step away from PDP.

According to Ihedioha, having been a member of the party since its inception in 1998, he has contributed immensely to the growth and evolution of the party.

The former governor, however, lamented recent developments within the PDP, stating that it has deviated from its core principles.

He voiced concerns over the party’s inability to enact internal reforms, uphold its own regulations, and effectively oppose the ruling All Progressives Congress, APC.

“Regrettably, in recent times, the party has taken on a path that is at variance with my personal beliefs. Despite my attempt to offer counsel, the party is, sadly, no longer able to carry out internal reforms, enforce its own rules or offer credible opposition to the ruling All Progressives Congress.’

“It is in the light of the foregoing, that I am compelled to offer my resignation from the People’s Democratic Party effective immediately.

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“While the decision was difficult to take, I, however, believe that it is the right one. Despite this resignation, I will always be available to offer my services towards the deepening of democracy and good governance in Nigeria”, the letter added.

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SEE ALSO:  Why I dumped priesthood for politics - Benue Gov
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Protest breaks out in Ondo over APC Gov Primary

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Protest breaks out in Ondo over APC Gov Primary
• Protesters demand cancellation of APC ward primaries in Ondo State on Sunday, April 21, 2024

Some members of the All Progressives Congress (APC) in Akure, the Ondo State capital, took to the streets on Sunday to protest what they termed irregularities and biased conduct of the ward primaries across the state on Saturday.

The ward primaries meant to produce the governorship candidate of the party for the November 16, 2024 governorship election in the state has been marred with non-availability of election materials.

The protesters called for the cancellation of the ward primaries.

The protesters stormed the APC state secretariat in Akure to display their displeasure to the alleged irregularities in the conduct of the ward primaries across the 203 wards of the state.

Most of them are supporters of one of the aspirants, Olushola Oke, and they carried different placards calling on the national secretariat to remove the chairman of the primary election committee and Kogi State Governor, Usman Ododo.

They described the process as a daylight robbery and urged the national secretariat of the APC not to allow the state to be embroiled in crisis.

One of the protesters claimed no ward primaries were held, insisting that the guidelines given by the national secretariat of the party were not followed as the committee did not distribute materials to any wards.

The party members warned of likely consequences if an unpopular candidate is imposed on them as it could affect the chances of the party in the governorship election.

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Ododo had on Saturday announced that polls would be conducted in all 13 wards of Okitipupa Local Government Area of the state by noon on Sunday.

SEE ALSO:  Why I dumped priesthood for politics - Benue Gov

“Having received reports of the primary election from the 203 wards in the 18 local governments of Ondo State, the primary election committee has decided that election will be conducted in all the 13 Wards of Okitipupa local government with total validated registered members of 9,515, because of validated reports that the exercise did not hold in the local government due to late arrival of materials and personnel as a result of logistics challenges.

“Election in Okitipupa local government shall be conducted 12 noon on Sunday 21st April 2024. The final collation of the results will be done thereafter,” he said in a statement.

Meanwhile, two aspirants and agents of two other contestants raised concerns about the conduct of the primary.

They alleged that based on the conduct of the exercise, plans were made to favour certain aspirants.

Olugbenga Edema, who is one of the 16 aspirants in the race for the APC ticket, decried delays in the distribution of materials and called on the party to investigate the process.

Rotimi Williams, the agent of Oke, took a similar position.

Shola Ajisafe, the agent of Adewale Akinterinwa, backed the narrative by Edema and Willams.

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“My people have been calling me. No material has been distributed to them,” Ajisafe who is from Ondo North said, accusing Governor Ododo of working in favour of a candidate. (Channelstv)

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PDP caucus backs Damagum to continue as Acting National Chair

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PDP caucus backs Damagum to continue as Acting National Chair
• PDP National Chairman Umar Damagum
The current acting National Chairman of the Peoples Democratic Party (PDP), Umar Damagum, will continue in that capacity until another National Executive Committee (NEC) meeting that will hold after the one slated for today, Thursday April 18, 2024.

This formed part of the resolution of the PDP caucus meeting on Wednesday night.

PDP spokesman, Debo Ologunagba, said the caucus resolved that all reconciliation committees of the party be reconstituted to resolve grievances affecting the unity of the party.

Asked what the caucus discussed about issues regarding the party’s chairmanship position, he said it is an issue that the NEC of the party will discuss but said the organ resolved that Damagum continue as chairman till the next NEC after today’s.

The meeting was attended by the former Governor of Rivers State, Nyesom Wike; and the 2023 presidential flag bearer of the PDP, Atiku Abubakar.

Damagum is suspected to be an ally of Wike, who is the Minister of the Federal Capital Territory (FCT).

The caucus also directed that the party should revisit the Rivers State Caretaker Committee List, and find a political solution to the crisis in the state.

The caucus meeting held less than 24 hours to theNEC meeting of the party, which has been scheduled for today (April 18, 2024) to discus issues regarding the leadership of the party and also to ractify decisions by various organs of the party.

The PDP is facing a leadership crisis, with members urging the resignation of the Damagum-led NEC. Meetings like the NEC and the party’s Board of Trustees have been arranged to address these issues.

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Meanwhile, Senator Iyorcha Ayu has withdrew his appeal, which sought to challenge his removal as the party’s national chairman. His move is also believed to be connected with the party’s upcoming National Executive Meeting.

SEE ALSO:  Why I dumped priesthood for politics - Benue Gov

Ayu was suspended by the executive committee of the PDP in Igyorov ward in the Gboko Local Government Area of Kogi State in 2023 over alleged anti-party activities but he had approached the court to challenge his removal.

However, a Federal High Court in June last year affirmed the decision of the party to sack Senator Ayu, a judgement that led to an appeal, which he has now withdrawn.

FULL TEXT: Communique Issued At End Of PDP NEC Meeting

Communique Issued at the end of the 98th Meeting of the National Executive Committee (NEC) of the Peoples Democratic Party (PDP) Today, Thursday, April 18, 2024.

The National Executive Committee (NEC) of our great Party, at its 98th meeting today, Thursday, April 18, 2024, thoroughly assessed the State of affairs of the Nation and the Party and resolved as follows:

1. NEC commends all the Organs of the Party for their collective resilience, steadfastness and commitment towards the unity, stability and sustenance of our great Party despite dauting challenges.

2. NEC also commends members of the PDP, with particular reference to the youths and women for their courage in resisting the antics of the divisive and anti-people All Progressives Congress (APC), especially, its desperation to emasculate the opposition and foist a one-Party State on our nation.

3. NEC expresses concern over the ill-implemented policies of the insensitive APC administration, leading to worsening insecurity, harrowing economic hardship, soaring unemployment rate, high cost of food and other necessities of life with pervading misery and despondency across the country.

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4. NEC expresses serious apprehensions over the spate of acts of terrorism and violence including the escalated cases of mindless killings, mass abduction of innocent Nigerians and marauding of communities in various parts of the country.

SEE ALSO:  Ex-Imo gov, Emeka Ihedioha resigns from PDP

5. NEC condemns the insensitivity, nonchalance, incompetence and arrogance in failure of the APC administration which continues to conduct itself in a manner that shows that it has no iota of interest or commitment towards the wellbeing of Nigerians.

6. NEC also condemns the creeping totalitarianism and tendencies towards a One-Party State which is inimical to the peace, stability and corporate existence of our nation as well as the development of Democracy and good governance in the country.

7. NEC, after due consideration demands that President Bola Ahmed Tinubu should urgently convene a special National Security Council meeting to proffer a holistic solution and measures to curb the disturbing insecurity with its attendant negative consequences on our national life.

8. NEC also demands that President Tinubu should immediately rejig his Economic Team to bring in persons of proven integrity and competence without bias and vested interest to assist in repositioning the economy.

9. NEC further demands that the Federal Government should review all policies and programmes which are stifling the economy with suffocating effect on the lives of citizens; including the increase in price of fuel without cushioning measures, hike in electricity tariff, increased taxation and implementation of adverse fiscal policies.

10. NEC charges all Organs, leaders, critical stakeholders and indeed all members of the PDP to close ranks, put aside every personal or group interests and work together in the overall effort to reposition and return the PDP to power at the center in the interest of the Nigerian people.

11. Consequently, NEC received and approved the Timetable for Party Congresses across the country.

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12. NEC also approved the Reconstitution of the Party Disciplinary and Reconciliation Committees to further ensure the stability of the Party.

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13. Similarly, NEC approved the extension of the life of the Party Constitution Amendment Committee to allow it to receive new amendment proposals for inclusion in its deliberation and final report for consideration by NEC.

14. NEC commended the efforts of the National Working Committee in its effort towards rebranding the Party including the new look PDP Logo which is widely accepted by Party members and Nigerians in general.

15. NEC charges all Party members to continue to work together for the success of the PDP for the benefit of Nigerians and sustenance of Democracy in our country.

Thank you for listening.

Hon. Debo Ologunagba
National Publicity Secretary

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