The presidential candidate of the Labour Party (LP) in the 2023 election, Peter Obi, has praised the growth of Bangladesh in the last 14 years, saying that a transformed Nigeria is similarly possible.
POLITICS NIGERIA reports that Obi, in a social media post, said he travelled to Bangladesh last week to participate in the Investment Forum organised by the Bangladesh Government and Commonwealth Enterprise and Investment Council.
“As a Guest Speaker at one of the events, I spoke on “SME Formalisation and Internationalisation in the Commonwealth: Empowering Growth and Global Reach.” I visited Bangladesh in mid-2009, about 6 months after Prime Minister Sheikh Hasina assumed office,” he said.
“At that time, the country’s Human Development Index was within the low category. Her GDP was $102 billion, with a GDP per capita of $688. Unemployment was around 10-12%. You could see and feel the poverty and poor infrastructure,” he added.
Obi said that when he returned last week, about 14 years later, Bangladesh’s Human Development Index (HDI) was now on the high side of the Medium category and would soon be in the High category. According to the former Anambra State Governor, the country’s GDP is $460 billion, with a GDP per capita of $2700. He also revealed that the unemployment rate in the country is now below 5%.
“Poverty has been greatly reduced and infrastructure greatly improved from what it was in 2009. They have a steady growth average of over 6% within the said period. Though still grappling with some challenges, the Leadership is determined and focused on a productive and and progressive Bangladesh with clear and measurable goals for growth,” he said.
Obi said that after the visit and interacting with Leaders, he remains convinced that with the right Leadership, a new Nigeria that will be productive and progressive, devoid of tribalism, religious sentiments, and criminality, but will benefit all is possible.
The full statement reads:
I travelled to Bangladesh last week to participate in the Investment Forum organized by the Bangladesh Government and Commonwealth Enterprise and Investment Council.
As a Guest Speaker at one of the events, I spoke on “SME Formalisation and Internationalisation in the Commonwealth: Empowering Growth and Global Reach.” I visited Bangladesh in mid-2009, about 6 months after Prime Minister Sheikh Hasina assumed office.
At that time, the country’s Human Development Index was within the low category. Her GDP was $102 billion, with a GDP per capita of $688. Unemployment was around 10-12%. You could see and feel the poverty and poor infrastructure.
When I returned last week, about 14 years after, their Human Development Index (HDI) was now on the high side of the Medium category and will soon be in the High category. Their GDP is $460 billion with a GDP per capita of $2700. The unemployment rate is now below 5%.
Poverty has been greatly reduced and infrastructure greatly improved from what it was in 2009. They have a steady growth average of over 6% within the said period. Though still grappling with some challenges, the Leadership is determined and focused on a productive and and progressive Bangladesh with clear and measurable goals for growth. After the visit and interacting with Leaders, I remain convinced that with the right Leadership, a new Nigeria that will be productive, and progressive, devoid of tribalism, religious sentiments, and criminality, but will benefit all is POssible.
