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Peter Obi Calls for Government Action to Alleviate Economic Hardships and Stimulate Production

Former Labour Party presidential candidate and ex-governor, His Excellency Peter Obi, has reacted to the reopening of Sahad Stores, Abuja, through a post on his verified Facebook account. He expressed gratitude to the Federal Consumer Competition and Protection Commission (FCCPC) for promptly reopening the business after its closure on Friday. Obi remarked that the initial closure was not a well-considered decision and advised the government against further actions that could worsen the challenges facing Nigerians.

 

Highlighting the importance of focusing on salvaging the economy and avoiding actions perceived as insensitive, Obi urged the government to prioritize addressing pressing issues such as inflation, hunger, poverty, and insecurity. He cautioned that actions like closing businesses may exacerbate unemployment and economic instability, emphasizing the need for measures that promote a productive economy with ample goods and services.

 

Obi stressed the urgency of taking steps to alleviate hunger and stimulate production, reaffirming his commitment to transitioning Nigeria from a consumption-based to a production-oriented economy. He urged the government to prioritize pragmatic solutions to the burning issues affecting citizens, especially in light of widespread outcry over the rising cost of living.

 

In advocating for a productive economy with healthy competition, Obi suggested that addressing issues like hoarding of products and price disparities requires fostering an environment where market forces can naturally adjust prices. He emphasized the importance of government action in ensuring sufficient production of goods and services, calling for urgent measures to stem the rising tide of hunger in the nation.

 

Overall, Obi’s message underscores the need for government intervention to alleviate the economic challenges facing Nigerians and transition the country towards a more sustainable and prosperous future.

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