The presidential candidate of the Labour Party, Peter Obi, has said that if elected president, he will declare war on the power sector.
Obi stated this on Monday while speaking at the Chatham House in the United Kingdom.
He said,
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“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.”
Obi while responding to questions on how he intends to revive Nigeria and make it attractive and inviting to foreign investors 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 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.”
Hailing the integrity of his running mate, Datti Baba-Ahmed, Obi continued, “Datti has a record as the only National Assembly member who refused to buy property off the government when it was offered to every National Assembly member.
“You can go and look at his record, if you see anywhere he has compromised or put himself in a transactional position and I will stop running.
“I know how I approached him, I told him ‘I and you we owe it to save our people’. That’s why we came together and we agreed to work as a team to solve this problem.”
