Peter Obi, the Labour Party’s presidential candidate for 2023, addressed Nigeria’s persistent electricity challenges, linking them to a significant historical event. He referenced a letter from Nigeria’s first Prime Minister, Tafawa Balewa, to the World Bank in September 1964.
Speaking in a video covered by REFRESH NIGERIA, Peter Obi expressed his respect for the late Prime Minister while visiting Balewa’s tomb, stating that he admired Balewa’s dedication to Nigeria’s progress. He stressed that effective energy policies are vital for national development, pointing out the importance of learning from past leaders.
Obi shared insights about the World Bank’s favorable response to Balewa’s loan request, recognizing the project’s potential benefits for Nigeria. He called for renewed efforts to tackle the nation’s ongoing power challenges, stressing that the energy sector is crucial for the country’s growth.
Peter Obi noted that as Nigeria navigates its electricity issues, his message resonates with citizens who are hopeful for a brighter future, one that is powered by reliable electricity.
“In September 1964, Tafawa Balewa wrote to the World Bank and said, ‘I want to borrow $82 million to build the Kainji Dam,’ 58 years ago. In that letter, he said it was to spur economic growth in my country. In their reply, the World Bank said, ‘We approve this because it will help in the development of your country.
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