The Presidential candidate of the Labour Party (LP) in the 2023 General Elections, Peter Obi on Thursday, January 2, 2024, held a World Press conference where he identified several economic steps that will lead to a better country.
1. Future borrowings must be tied to regenerative investment
All future borrowings must be tied to regenerative investment and visible productive assets that will benefit the nation. This will ensure both productivity and the ability to service and amortize such loans rather than continue the current practice of accumulating massive debt with no tangible returns, which places undue strain on future development revenues
