Abuja: Presidential candidate of the Nigeria Democratic Congress (NDC), Mr. Peter Obi, has called for urgent measures to address insecurity, curb corruption, and create a more business-friendly environment to drive entrepreneurship and economic growth. Obi made the call on Saturday at This Generation Project 2026, the annual conference of Summit Bible Church in Abuja, themed ‘Thriving in the Marketplace’.
According to News Agency of Nigeria, Obi emphasized that Nigeria’s vast agricultural potential remained underutilized because insecurity had prevented many farmers from accessing their farmlands. He highlighted the impact of insecurity on both education and agriculture, stating, “It is unfortunate that many farmers cannot go to their farms today because of insecurity. We must fight insecurity headlong. We cannot continue to have a situation where children cannot go to school and farmers cannot cultivate their land.”
Obi argued that agriculture offered greater opportunities for wealth creation than crude o
il, citing countries that had built prosperous economies through farming and food exports. He stressed the need for a decisive approach to tackle insecurity to harness the potential of agriculture, stating, “We can make more money from agriculture than we make from oil. Our challenge is insecurity, and we must deal with it decisively.”
The former governor of Anambra also addressed the importance of entrepreneurship for economic growth and societal transformation. He lamented the growing preference for politics over productive enterprise in Nigeria, noting that no society can prosper when politicians are more successful and influential than entrepreneurs. “Entrepreneurs create wealth and jobs, but today people are making money without producing anything,” he said.
Obi expressed concern over the plight of young Nigerians, saying many graduates were denied opportunities despite their talents and potential. He emphasized the connection between lack of opportunities and the rise of criminality, stating, “We have
some of the smartest young people in the world, but nobody gives them opportunities. When people don’t have opportunities, they don’t know what to do. Criminality grows when millions of people have no hope and nobody cares about them.”
Identifying corruption as a major obstacle to entrepreneurship and economic development, Obi argued that it undermines innovation, hard work, and investment. “Entrepreneurship can change society, but corruption destroys the environment needed for businesses to grow. It kills innovation and hard work because people see others making money the easy way,” he said.
Obi also criticized the current lending environment, which he said was not conducive to business expansion, especially for small and medium-sized enterprises. He advocated for lower interest rates to support business growth, stating, “There is nothing wrong with borrowing, but borrowed funds must be invested productively. No economy can thrive with high interest rates. Banks must support businesses and help them grow.”
He noted that many successful economies provide affordable credit to entrepreneurs, unlike Nigeria where businesses struggle to access financing. Obi also advocated the revival of the apprenticeship system, stressing the need for successful entrepreneurs to mentor and empower younger generations. “The apprenticeship model worked because successful people helped others become successful,” he said.
Obi further urged public office holders to embrace integrity and selfless service, saying greed and personal enrichment had contributed greatly to the country’s governance challenges. He emphasized that public office should be about service and creating opportunities that enable citizens to build sustainable livelihoods.
In a welcome address, Senior Pastor of the church and convener of the conference, Andy Osakwe, highlighted the importance of thriving in the marketplace, stating, “God has called us to thrive in the marketplace because He has called us to a life of godly influence and impact. Thriving in the market
place should not be viewed as a luxury but rather as a mandate for the body of Christ, and we must become much more proactive and intentional about this.”
The News Agency of Nigeria reports that other speakers at the event included Sam Odia, Chief Executive Officer of the Millard Fuller Foundation, and Tricia Olufemi-Olumide, Chief Executive Officer of TriciaBiz and Founder of Ziba Beach Resort.