I’ll make Nigeria investment haven if elected President -Ohuabunwa

Agency Report
Agency Report
Sam Ohuabunwa

A Peoples Democratic Party presidential aspirant, Sam Ohuabunwa, says he will transform Nigeria into an investment haven if elected.

Ohuabunwa, the Convener of the New Nigeria Group, made the promise on Saturday during an interactive session with newsmen in Umuahia.

“My aspiration to govern Nigeria has been a burden I have carried for more than 30 years.

“My mission is to make the country a first class and competitive nation in the world, using technology,” he said.

He expressed concern that the country was being ravaged by abject poverty, in spite of its enormous economic and human resources.

The presidential hopeful blamed the nation’s economic underdevelopment on poverty, corruption, injustice and insecurity.

He said that there was a nexus between poverty and corruption, injustice and insecurity.

He traced the nation’s multifaceted economic malaise to pervasive poverty among the citizenry.

According to him, poverty itself is a product of unemployment because joblessness begets poverty.

“Even if you are working, poverty can also result from poor remuneration or the salary being eroded by inflation or devaluation,” he said.

He regretted that the nation had not done much to fully harness its abundant human and material endowments for national development.

Ohuabunwa, who is also a former Chairman, Nigerian Economic Summit Group, promised to create an enabling environment that would attract local and international investors to drive the nation’s economy.

He said that his heart bleeds, each time he realised that other developing nations like Nigeria had long advanced technologically, while the country trailed behind them.

He said that as president, the curriculum for higher institutions would be reviewed to ensure that every undergraduate learnt how to solve a problem and being tutored to write business plan.

“There will be Small Business Development Authority in every local government that will supervise graduates in implementing their business plans and establishing their businesses with government grants.

“Government will enter into documented partnership with them on how to grow their business to create jobs, while the profit would be shared as stipulated in the Memorandum of Understanding,” Ohuabunwa said.

He said that agriculture and mining would migrate from the use of crude and traditional implements manually to the deployment of technology.

“Agriculture in Nigeria would be fully mechanised, while processing plants would be established for industrial clusters in every part of the country,” he said.


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