Peter Obi unveils agenda, plans reduction of governance cost

Peter Obi, the presidential candidate of the Labour Party, has revealed his governance agenda ahead of the 2023 general election.

Speaking on the theme, ‘Nigeria Diaspora and Capacity Building’, in Michigan, United States, on Monday, October 3, Peter Obi noted that one of his plans is to reduce the cost of governance when he becomes President.

He stated that this move will help in the reduction of the country's debt and corruption.

“We shall pursue a drastic reduction in cost of governance and corruption; Improve ease of doing business to attract FDI to jumpstart industrialization and when borrowing is unavoidable, it will be strictly for regenerative purposes and production,” Obi said.

Sharing his plans on power, Obi who is also the former Anambra State governor said, “Even though I am aware that power has been moved from exclusive list to the concurrent list, we will go beyond it; we will aggressively support the private sector to invest in the power chain through a multifaceted approach particularly the transmission infrastructure.

“As we all know, two components of the power sector (generation and distribution) have been privatized and liberalised leaving the most critical component (transmission) in the hands of government which is causing inefficiency and darkness.

“We will, therefore, vigorously pursue the liberalization of the transmission infrastructure in addition to a robust power mix- embedded power and renewable energy.”

The LP presidential candidate thanked the youths and encouraged them to be more resilient.

He said, “The journey to rescue Nigeria could not have gained momentum without the proactive role of our youth. I salute them.

“The race is far from over; the campaigning has only just started. Yet I am confident that given their resilience, they will stay the course.”

BS