Skip to content
October 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Only improved power supply, good leadership will enhance Nigeria’s economy – Obi
  • National News

Only improved power supply, good leadership will enhance Nigeria’s economy – Obi

Admin August 14, 2022
Peter Obi in Owerri

Peter Obi in Owerri

Peter Obi in Owerri
Peter Obi in Owerri

By Ikechukwu Iweajunwa

The Presidential Candidate of the Labour Party (LP), Mr Peter Obi, says that Nigerian economy can only receive a boost with improved electricity supply and good leadership in the country.

Obi, a former Governor of Anambra, said this in Owerri on Saturday at the Jamie Pajoel International (JPI) annual leadership conference.

According to him, the nation’s economy cannot advance with the current state of poor power supply.

“If Nigeria can generate 20,000 megawatt of power, the country’s economy will transform within a short period of time.

“Nigeria has borrowed $500 million in the last 20 years, if Nigeria had spent five per cent of the money borrowed so far on entrepreneur and power generation, the country will compete with advanced countries,” he said.

The presidential candidate noted that 100 million Nigerians were currently living in poverty amidst the nation’s huge resources.

He said Nigeria had all it took to be a great nation, adding that the country’s greatest setback was bad leadership, corruption and poor policy implications.

“Our leaders have continued to talk about poor revenue, today we have 100 million Nigerians living in poverty and yet our leaders have not found solution to our problems,” he said.

Obi however, advised Nigerians to remain steadfast and always be ready to contribute meaningfully to the growth of the nation.

An economist, Prof. Pat Utomi, in his speech said vision and ideas were the key factors to drive any economy.

He said any leadership without a clear vision was bound to fail, adding that Nigerian leaders failed the country due to poor vision and ideas.

According to him, a 21 century leader must be very familiar with the system and  understand properly the dynamics of leadership.

Dr Linus Okorie, Chief Executive Officer, CONE Leadership Centre,  blamed Nigerian poor economic situation on maladministration of previous leaders.

Mr Jamie Pajoel, convener of the conference and founder Legislative Leadership Education, said the conference was aimed at incorporating case studies, redefining leadership, governance, and to bring recommendations that would help sustain the system.

He said the 2022 annual JPI leadership conference would also incorporate people of different professions across the nation and some international delegates.

Pajoel stated that internal limitation was a big factor that could work against the success of any nation or individual.

“Internal limitation is very dangerous, as a nation or individual, we need to learn how to manipulate limitations to address counter productive syndrome.

“We must be ready to develop ourselves, our capital is the relationship we keep, we must be ready to utilise it.

“Generational curse is not spiritual but human factor, what we are facing today in Nigeria is the actions of our past leaders, we must be ready to confront the situation in our time,” he said.

He attributed negative interpretation as the major cause of setback saying “negative interpretation helps the mind to work against you.

“Don’t allow fear to stop you, be positive minded and confront every situation with faith,” he advised.

Prominent guests at the conference were the Chief Executive Officer, NIPAL Consulting Network, Dr Chris Asoluka, Dr Linda Iheme, CEO Vantage Migration and Ndidi Anike Chairperson FIDA Imo branch.

Others are Dr Chinwe Muomalu, Dr Odema Oreofe, founder Maximum Living International and Nnadi Austin, country Director, Doctors Save A Director Foundation among others. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: #Jamie Pajoel International #Mr Jamie Pajoel Google Labour party Owerri Peter Obi

Post navigation

Previous Minister threatens to sanction CCECC over poor handling of rail contract
Next NLNG and Nigeria Literature: A Feast and a Festival

Related Stories

Troops rescue kidnapped victim, recover N10m ransom in Kano
  • National News

Troops rescue kidnapped victim, recover N10m ransom in Kano

October 17, 2026
NGO investigates rise in aggressive breast cancer among women in Northeast infertility
  • National News

NGO investigates rise in aggressive breast cancer among women in Northeast

October 17, 2026
WORLD SINGING DAY: Peter Obi Media celebrates Obi-Kwankwaso singers worldwide  Kwankwaso and Peter Obi
  • National News

WORLD SINGING DAY: Peter Obi Media celebrates Obi-Kwankwaso singers worldwide 

October 17, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Lagos Task Force Arrests Dismissed Operative for Impersonation and Extortion prevention guild
  • Commentaries

Lagos Task Force Arrests Dismissed Operative for Impersonation and Extortion

October 18, 2026
Peter Obi Media to Shettima: You failed as governor of Borno state
  • Politics

Peter Obi Media to Shettima: You failed as governor of Borno state

October 18, 2026
LWC Serves Just 1% of Lagos Population Amid Severe Supply-Demand Deficit
  • metro

LWC Serves Just 1% of Lagos Population Amid Severe Supply-Demand Deficit

October 18, 2026
NDLEA intercepts Saudi-bound drug consignment hidden in palm oil keg; nabs 85-year-old grandma in Edo
  • Crime and Justice

NDLEA intercepts Saudi-bound drug consignment hidden in palm oil keg; nabs 85-year-old grandma in Edo

October 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.