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What I told my audience at investment forum in Bangladesh — Obi

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Mr Peter Obi, the presidential candidate of the Labour Party–LP, has revealed what he told his audience at an investment forum organized by Bangladesh government.

The former governor of Anambra State said as a guest speaker at the investment forum, he harped on “SME Formalisation and Internationalisation in the Commonwealth: Empowering Growth and Global Reach”.

Obi said when he visited the Asian nation in 2009, the country’s Human Development Index—HDI was within the low category. Her GDP was $102 billion, with a GDP per capita of $688. Unemployment was around 10-12%.

But 14 years after, Bangladesh 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%.

The government, he said, has made tremendous improvement in the last 14 years.

Obi however, noted that he 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.

“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 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.”


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