*Obi and 94-trillion Dollars*

The world economy is currently calculated to be 94-trillion Dollars in USD.

Make no mistake, it's now more than obvious that Mr. Peter Obi, burdened with purpose and patriotism is daring to position Nigeria, as a significant contributor to the world's economy.

The United States of America by GDP contributes $22.9-trillion to the world economy. China, contributes $16.9-trillion. Japan, $5.1-trillion: Germany $4.2-trillion; Nigeria $0.5-trillion.

It is projected that China, will be the world's leading economy by 2031 if they can avoid a debt crisis, international isolation, or manage their shrinking population.

Japan is by population about the same with Nigeria, but they're currently the third largest economy in the world. Nigeria is not. So the reality is population and territorial size alone can not give you a large economy.

Like Peter Obi, no Nigerian burdened with purpose and patriotism will be comfortable with these realities. Peter Obi, has proven by campaigning with ordinance on every metric, that it's about time Nigeria, steps up and contributes way more than 0.5-trillion to our 21st century economy, especially by the turn of the next decade.

The United States of America, China, Japan and Germany, are all economically complex economies.

On the economic complexity index (a country's productive capabilities), Nigeria, is ranked among countries that are below the fold at -1.68.

Whether he understands economic complexity or not, It is very clear to Debo, the 16 year old Nigerian who is seriously scheming on how best to leave Nigeria to places like Australia (which is ironically also not a complex economy), that Australia, is currently far better than Nigeria in several regards and he's correct.

Unlike Nigeria, Australia, ranks very highly on other global ranking categories like the amount of - household wealth per person - even when their economic complexity score is -0.60.

So why would a Nigerian, prefer a hundred times over, to migrate to Australia, a country ranking lower on economic complexity than Nigeria? The answer is the obvious household wealth per person that an average individual living in Australia, can earn.

To rank high on economic complexity, a country must have a high diversity of exported products. The more sophisticated and unique their exported products are, the more highly they would rank. Invariably put, "productive knowledge," has become the holy grail in our 21st century economy.

Agricultural and extractive industries tend to score lower on the economic complexity scale. Although Australia's, global ranking is high on - household wealth per person, it's economic complexity score is low. Australia's largest exports like Nigeria, are in low complexity categories, such as minerals and agriculture, in Nigeria's case mostly crude oil -- one of the lowest scoring product categories in the economic complexity ranking.

Nigeria, ranking low on economic complexity and extremely low on the amount of wealth per person: visibly shows just how big a bowl of self inflicted mess we're in.

If I told you Nigeria, is not ranked among the 50 largest economies by GDP: most Nigerians will readily agree, but that would be wrong. Nigeria, is currently ranked 29th on world's largest economies by GDP.

For a nation dependent largely on the export of crude oil, our ranking on the world's 50 largest economies shows we have a lot of idle capacity and untapped potential: this is not news.

What's news and good news is that, for the first time in the history of Nigeria, we have a Presidential candidate Mr. Peter Obi, who not only understands Nigeria's idle capacity and untapped potentials, but also clearly knows what to do about it.

In his own words "I have only one job and that is to move Nigeria, from consumption to production." This production trajectory is not only bold but absolutely apropos.

To rank higher on economic complexity, Nigeria, must produce and export more, even as we automate and diversity our production, integrating technology, ICT and intellectual capital development.

By 2031 it is projected that out of the top 10 economies, India, will be number three; with a projected GDP of $10.8 trillion: overthinking and overtaking Japan.

It is better imagined where this will leave Nigeria, if the projected growth indicators for India, (i.e. production-linked incentives like subsidies for multinational companies looking to diversity their production away from China, a tech-savvy English-speaking workforce, robust support systems for software/IT and startups in general), are not replicated in Nigeria and very quickly too.

That Nigeria's unemployment is looming at 100million, is also not news. But that 70million out of the 100million are youths under the agile age of 40 years is not only alarming, it is a ticking time bomb.

The only way out of our ticking time bomb scenario is production and more production infrastructure and a government that understands the urgency for investment in enabling robust frameworks primed to streamline our consumption and production to depend largely on intellectual capital. E.g. a national policy to transform Nigeria into a knowledge economy.

I don't think Nigeria will be ranked as a knowledge economy in the next 4 or 8years, but with a 21st century type of leadership, we just might be considered a production centric economy. It's a start.

Now to those who are still torn between what region, religion, ethnicity or political party the next President of Nigeria should "come from," please think again.

The cost of bread, petrol, cement add to the list insecurity, due largely to unemployment are no respecter of region, religion or political party.

Let's play pretend.

For a moment forget the region our current presidential candidates "come from" or the religion each of them subscribe to or their transient political party's. Forget the obscene amounts they allegedly spent to become flag barers for their different political party's and Instead, try to remind yourself if you can, what each candidates recurrent campaign promise is, if any.

E.g. Mr. Peter Obi's, recurrent campaign promise is "from consumption to production."

Now, think about the type of Nigeria, you'll want to leave behind for the next generation and think who among Mr. Peter Obi and other candidates, you'll reliably trust to preside over the type of Nigeria you've envisaged.

Continuing, ask yourself why an American, Japanese, German or Chinese, with average income can travel to Nigeria, with ease but a Nigerian with above average income trying to travel to any of these countries will hitherto, undergo demeaning scrutiny?

Sad!

You can walk into any Walmart store in the United States of America and buy any colour of sand you want. Choose your salt from a variety of salts and get confused with the different types of bread on display.

You see, the countries that are high production countries are also very high consumption countries. The truth in-between is that these high production countries in their quest to produce a diverse range of goods and services, inevitably generate jobs in different sectors of their economies and improved livelihoods.

The situation with Nigeria, has been one where we produce barely and consume mostly but millions still struggle to feed. We have to step up our game.

And there's no one right now more desperate to see Nigeria, move from consumption to robust production more than Mr. Peter Obi.

Whoever you decide to cast your vote for come February 25, 2023; will determine if Nigeria, will move from consumption to production.

Even as Mr. Peter Obi, is convinced Nigeria, can contribute way more than $0.5-trillion to the world's economy: and if you are burdened with purpose and patriotism you will readily agree with him.

February 25, 2023 will not only determine how low we'll fall or how high we'll rise but how much we have learnt as a nation in the last 62 years.

The next decade for Nigeria, can be productive. It depends on you.

_Stats: IMF and Visual Capitalist._


ObiDiently a good Nigerian.

****** ONC MEMBER ******

All indicators are green; we are moving in the right direction. We are Obidient; we will get there.

Op if u like bring the whole $94trillion to naija, it will not change anything, the country will still resemble a miserable undeserved struggling 3rd world country unless this hydra-headed monster corruption+greed that has reached frightening dangerous dimensions is zealously confronted and effectively tackled to a standstill. The greed & corruption in naija is a malignant cancer.

It will not make any difference unless u padlock their kleptomaniac appendages in fetters of iron.

I agree totally with you.

Look at our youths, none of them will come here so we chart a new course for our country to make it greater.

A greater Nigeria is possible with the right mindset.

Peter Obi all the way. . .

He will reduce corruption. . . Guaranteed!