The former Governor of Anambra State and Presidential candidate in the 2023 general elections, Peter Obi, has reiterated his call for the immediate reopening of markets that were not involved in illegal drug trading. While making the call in a statement on his verified X handle on Tuesday, Obi emphasised the importance of protecting small Read More
Peter Obi, former Governor of Anambra State and 2023 presidential candidate, has called for the immediate reopening of markets not involved in illegal drug trading, emphasizing the importance of protecting small businesses as a vital component of Nigeria’s economy. In a statement on his verified X handle, Obi criticized the indiscriminate closure of markets, which he argued stifles economic growth and worsens the struggles of small business owners. He highlighted the need for a nuanced approach, urging authorities to differentiate between businesses engaged in illegal activities and legitimate ones. Obi also referenced his tenure as governor, during which he supported small businesses through initiatives like securing special loans for MSMEs and exempting certain categories from taxes. He urged the government to reconsider its approach to enforcement, noting the severe impact on businesses reliant on daily profits and the expiration of perishable goods during closures. Obi called for a model similar to Indonesia’s, where MSMEs receive committed support while illegal activities are duly addressed.
