Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC), has outlined an economic blueprint centred on agriculture, manufacturing, small businesses and improved electricity supply, arguing that Nigeria must shift from a consumption-driven economy to a production-led one to create jobs, reduce poverty and boost exports. This is coming ahead of the 2027 elections, which is less than five months away.
Speaking during an exclusive interview on Sunday Politics on Channels Television, Obi said Nigeria’s economic challenges stem from decades of underinvestment in productive sectors, insisting that the country’s vast agricultural resources and entrepreneurial potential remain largely untapped.
“The only way to pull Nigeria out of poverty, or even genuinely grow GDP, is through production, not consumption. That production starts with agriculture, which gives you the food you need, raw materials for your factories, and jobs. That’s a win-win,” he said.
The former Anambra State governor said Nigeria could not only feed itself but also earn more from agriculture than crude oil if the sector received the right investments.
“This country can produce enough of what we can eat, and we can actually make more money from agriculture than we make from oil because, as it is today, we have vast uncultivated land,” Obi said.
