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Recession is blessing in disguise, says Obidigbo

By Leo Sobechi   |   01 January 2017   |   3:52 am

 Dr. Chike Obidigbo

Dr. Chike Obidigbo

Frontline industrialist and Chairman, Osisioma Foundation, Dr. Chike Obidigbo, has called on Nigerians to see the current economic recession troubling the nation as a blessing in disguise and develop positive attitude towards it.

Obidigbo, who made the call yesterday noted that the present socio-economic situation in the country should actually challenge all patriots to look inwards for way to attract investments for sustainable employment opportunities to absorb the teeming unemployed youth.

“The recession has exposed the dangers associated with over-dependence on a single product and would hopefully encourage us to exit our rental economic mentality to give more single-minded attention to the other productive sectors of our economy,” he added.  


Obidigbo, who is also the Chairman of Hardis Group Limited, decried the rising rate of graduate unemployment, stressing that that should be of grave concern to all men and women of goodwill and good conscience.

“How can we convince our youths as parents, that we care and are concerned about their welfare, when we pay only lip service to job and wealth creation? Where lies the problem? Is it that we do not know how to create new jobs out of our present virgin economy, or is it that those who are capable are not yet in position to do so?” he queried.

The Industrialist noted that all over the world, employment or unemployment rates remain the most potent indicator for measuring the socio-economic growth and development of a people, insisting, “our main aspiration now therefore, should be massive job creation.”

He stressed that “any desired change for the betterment of any society, will never come, so long as the majority of the good people remain silent, and do nothing,” adding that when we purposely elect corrupt and inept people into political offices, we think we have become victims.

“But much more than that, we are accomplices and so should hold ourselves responsible for their poor and unprogressive leadership and performance,” he added, pointing out that being the first day of 2017, Nigerians should resolve to be grateful to God and seek to DO good for God and country.


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Dr. Chike Obidigbo


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