Former Anambra State Governor and Labour Party presidential candidate Peter Obi has stated that Nigeria’s garment and footwear industry in Aba, Abia State, has the potential to generate revenue comparable to the country’s oil sector if properly developed.
Obi made this known in a statement shared on his social media platform after a visit to Aba, where he met with stakeholders of the Africa Democratic Congress. The visit, according to him, was at the invitation of Enyinnaya Abaribe, whom he commended for the warm reception and engagement.
He also praised Abia State Governor Alex Otti for ongoing efforts to improve infrastructure and economic activities in Aba, widely known as Enyimba City.
During the trip, Obi granted a one hour interview on Magic FM, marking his first appearance on radio and television this year. He described the engagement with political stakeholders as productive and forward looking.
Highlighting Aba’s economic significance, Obi reiterated his long standing advocacy for transitioning Nigeria from a consumption driven economy to a production based model. He described Aba as a critical hub for garment and shoe manufacturing, with the capacity to drive exports and boost foreign exce earnings.
Drawing comparisons with countries such as Bangladesh and Vietnam, Obi noted that both nations generate substantial income from their garment and footwear industries. He argued that Nigeria could achieve similar success through strategic investment, improved policies, and strong institutional support.
According to him, garments and shoes have the potential to earn revenue at levels comparable to oil in some economies, stressing that Nigeria must harness this opportunity to diversify its income sources.
Obi, however, emphasized that achieving such transformation depends largely on leadership, calling for competence, compassion, and commitment in governance.
He concluded by expressing optimism about Nigeria’s future, reaffirming his belief that meaningful economic transformation is achievable.
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