Fighting corruption is not an economic policy - Peter Obi

By Valentine Amanze

Mr. Peter Obi, the vice presidential candidate of the Peoples Democratic Party (PDP), has advised that fighting corruption should not be regarded as an economic policy.
He said that once strong institutions were built, they would automatically put a wedge to corruption.
Obi, the former governor of Anambra State, spoke in Enugu at the Third South East Economic Summit. The theme of the summit was South East Nigeria: The Investment Destination.

Obi, who was emphatic that the new economic order was knowledge-based, called South East and the entire Nigeria to follow the new order and take the world by storm.
He said that it could principally be achieved through attention to education.
His words:
"We got the talent here.. very intellectually endowed and resourceful people of all ages to rise to the occasion. We're all hoping that things will change and the requisite infrastructure put in place, especially in support of education."
Drawing some characteristic comparisons, Obi said that Venezuela with the biggest deposit of oil in the world was presently in economic crisis. According to him, the state of California without oil is the richest American State instead of Texas that is floating on oil.
He therefore said that it was not about mineral deposits, but about developing sound human resources that would utilize the abundant intellectual capital in the country.
It was well-attended and under the chairmanship of Dr. Paschal Dozie, the MTN chairman.
Other high profile attendees included His Lordship, Bishop Sunday N. Onuoha; the Chairman of SEREDEC, Prof Barth Nnaji; Dr. Wallis Farghal; Prof Ogonogo Okeke-Uzodike, among others.

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