Peter Obi wouldn’t have done anything differently – Businessman, Cosmas Maduka laments state of the Nation
Business magnate Cosmas Maduka believes that Labour Party’s presidential candidate, Peter Obi, would not have acted differently from the current administration had he won the 2023 election.
Speaking on the Mic On podcast with Seun Okinbaloye on Saturday, February 22, Maduka, who chairs Coscharis Group, argued that despite economic challenges, Nigeria is on the right path. He emphasized that key policies, such as subsidy removal, were unavoidable, regardless of who held power.
“People have asked me, will Peter Obi have done anything different if he won the election? I said no. He would have removed subsidy from day one also,” he said.
On concerns over the naira’s depreciation and economic hardship, Maduka acknowledged the challenges but insisted that government must reinvest subsidy savings into infrastructure to benefit the wider public.
“If the funds are used productively, there will be progress,” he stated, warning that failure to do so would leave the country stagnant.
