By BONIFACE AKARAH

Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has said Nigeria must move from an economy driven by consumption and imports to one built around production, investment and job creation.

Obi made the declaration on Friday while outlining his economic agenda for the 2027 presidential election, saying the country had the resources, population and entrepreneurial capacity required to build a more productive economy.

He said the key question for any government should be whether Nigerians were actually becoming better off.

“Are Nigerians better off than they were four years ago? Can they afford food, education, and healthcare? Can businesses produce, expand, and create jobs?” Obi asked.

He said his administration, if elected, would place agriculture, manufacturing, agro-processing, technology, construction, energy, creative industries and services at the centre of economic development.

According to him, Nigeria must “produce more of what we consume, process more of what we produce, and compete more effectively in global markets.”

Obi said his economic plan would include improving agricultural productivity through better security for farming communities, irrigation, rural roads, storage facilities, finance and market access.

He also promised to strengthen manufacturing and agro-processing to enable Nigeria to export more finished products and derive greater value from its natural resources.

The former Anambra State governor said government must also create conditions that allow entrepreneurs to invest, employ workers and expand without unnecessary regulatory and infrastructure barriers.

He stressed that public finances would be managed with greater discipline, insisting that government spending must have clear purposes and measurable results.

“Every naira should have a clear purpose, and major public investments should have measurable outcomes,” he said.

Obi also identified Nigeria’s large and growing young population as an economic opportunity rather than a burden, saying government must invest in education, technical training and human capital to enable young Nigerians to contribute productively to the economy.

He said the country’s economic objective should not simply be growth in statistical terms, but an economy capable of producing more, creating jobs, generating wealth and improving living standards.

“The goal is not growth for its own sake, but an economy that produces more, employs more people, creates wealth, and improves living standards,” he said.

Obi, who is campaigning alongside former Kano State governor Rabiu Kwankwaso, said their different governing experiences had led them to a common conclusion that Nigeria must invest in its people and manage public resources responsibly.

He urged voters to examine the records and proposals of all presidential candidates as the 2027 campaign progresses.

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