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Mr. Peter Obi has advised that fighting corruption should
not be regarded as an economic policy, arguing that once strong
institutions are built, they will automatically put a wedge to
corruption.
Peter Obi Obi was speaking in Enugu at the 3rd South East
Economic Summit. The theme of the summit was “South East Nigeria:
The Investment Destination.” Obi who was emphatic that the new
economic order is knowledge-based, called South East and the entire
Nigeria to follow the new order and take the world by storm. He
said this could principally be achieved through attention to
education.
“We got the talent here; very intellectually endowed and
resourceful people of all ages to rise to the occasion. We’re all
hoping that things will change and the requisite infrastructure put
in place, especially in support of education.” Drawing some
characteristic comparisons, Obi informed that Venezuela with the
biggest deposit of oil in the world is currently in economic
crisis. Also that the state of California without oil is the
richest American State instead of Texas that is floating on oil. He
therefore concluded that it is not about mineral deposits, but
about developing sound human resources that will utilize the
abundant intellectual capital in the country.
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