The 61-year-old former governor of Anambra state and presidential candidate of the Labour Party, Peter Obi has reiterated his desire to cut down the cost of governance and further diversify the economy in a bid to move with country away from an oil-based economy.
“We, therefore, intend to leapfrog Nigeria from oil to the Fourth Industrial Revolution by expanding physical infrastructure through market-driven reforms that will unleash growth-enabling entrepreneurship and market-creating innovations.
“We shall pursue a drastic reduction in the cost of governance and corruption, improve ease of doing business to attract Foreign Direct Investment to jumpstart industrialization, and when borrowing is unavoidable, it will be strictly for production”, Obi added.