The Nigeria Democratic Congress, NDC, presidential candidate, Peter Obi, has outlined ways to tackle unemployment, underemployment and corruption in the country.

 

 

Speaking on Saturday shortly after his emergence as the the NDC presidential candidate ahead of the next year’s general elections, Obi harped on support for the growth of Micro, Small, and Medium Enterprises, MSMEs, as a criterion.

 

According to him: “Our large pool of talented youth remains largely unemployed.

 

 

“The current official unemployment rate of 4% grossly misrepresents the true situation; actual underemployment and unemployment in Nigeria exceeds 30%, with youth unemployment sitting at over 40% – among the highest globally, necessitating urgent intervention.

 

“We will address this by aggressively supporting the growth of Micro, Small, and Medium Enterprises, MSMEs, through targeted tax incentives, special interest rates, and accessible funding in sectors such as agriculture, manufacturing, entertainment, sports, and distribution. These improvements will be both measurable and verifiable.”

 

 

Speaking on corruption, the former Anambra state governor said Nigerians will witness a tangible and verifiable reduction in corruption and the baseline costs associated with governance.

 

He noted that public resources will be managed with absolute transparency, prudence, and accountability to ensure that every naira spent yields demonstrable value for the citizenry