Kalu advocates economic competition among states
Senator representing Abia-North Senatorial District, Orji Uzor Kalu, has called for a shift in Nigeria’s economic strategy, emphasising regional competition as a key driver for growth while expressing optimism that President Bola Tinubu’s reforms will stabilise the economy and deliver long-term benefits.
Speaking during a New Year’s visit to Daniel Eke, a former Abia State governorship aspirant, Kalu argued that the revamping of Nigeria’s economic and legal frameworks is both necessary and overdue.
He noted that some of the nation’s laws have become obsolete, failing to support modern economic realities. He praised Tinubu’s Tax Reform Bills as a bold and progressive step but stressed the need for broader public awareness and consultations to prevent resistance and misunderstandings.
He said: “Nigeria cannot move forward without adapting to modern economic strategies. The reforms address deep-rooted issues, but Nigerians must be educated about their purpose and long-term advantages.”
Drawing inspiration from China’s economic transformation, Kalu advocated for a competitive economic structure among Nigeria’s 36 states. He suggested that productivity-driven rivalry would accelerate development and reduce over-reliance on federal allocations.
“We need to move away from the culture of sharing free money in Abuja. Instead, each state must harness its resources, attract investment, and create wealth. This is how China has sustained over 35 years of consistent growth,” Kalu said.
He argued that Nigeria’s untapped potential could be unlocked if states focused on innovation, industrialisation, and infrastructure development rather than depending solely on federal handouts.
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