Insists he will dismantle Nigeria’s structure of criminality
The presidential candidate of the Labour Party, Peter Obi, has said he will declare war on the power sector if elected president in the forthcoming February election.
Obi said this on Monday while speaking at the Chatham House in the United Kingdom.
He said, “You have heard them say we don’t have structure, that structure is the one that has dismantled Nigeria. We will destroy that structure of criminality, I assure you of it.
We’re going to turn around the power sector. Nigeria today generates 56,000 megawatts for 200 million people and South Africa, the second biggest in terms of economy on the continent, 60 million people, generates over 40,000 mega watts, yet, they have declared an emergency in the power sector.
“I have said it that anyone can generate up to 100,000 megawatts with our licence.
“If a country with 60 million population generating over 40,000MW is declaring emergency on power, what do you think somebody with two million people generating 5,000 to 6,000MW will do? War!
“I am going to declare war on power and I will solve it. Anybody who stands on the way, so be it.”
While answering questions on how he (Obi) intends to revive Nigeria to make the country attractive and inviting to foreign investors, the LP candidate said putting regulations in place that will make investment conducive, will go a long way to resolve the challenge.
He said, “Bringing back foreign investment is very simple. Foreign investor (relationship) is like bee and honey, all you need to do is create honey and bees will be all over the place.
“Foreign capital is scared of corruption, is scared of board policies, is scared of where there’s no rule of law. You need to put a regulatory environment that makes it conducive, you need to secure it. That is at the heart of what Datti and I are offering.
We will be that intangible asset of securing the country, making sure we govern through rule of law. We will fight corruption.”