On the heels of the disheartening announcement about GlaxoSmithKline (GSK) ending its 51-year-long operations in Nigeria, Peter Obi, the Presidential candidate of the Labour party, brought a message of hope and resilience.

Attending the 40th Anniversary of Cutix PLC, an event in honor of Co-Founder Ambassador Okwudili Nwosu, Obi highlighted the significance of local manufacturing entities like Cutix PLC. The Nigerian cable manufacturing giant, Cutix PLC, recognized globally for its premium quality cables for the construction sector, stands as a beacon of Nigerian industrial success. Over its four-decade history, the company has been a pivotal player in job creation and improving the welfare of countless Nigerians.

Obi took to the platform to commend the relentless efforts of the management and staff of Cutix PLC. “Despite the challenging economic environment, companies like Cutix PLC have shown unwavering commitment to the nation’s progress,” he remarked.

Drawing attention to the broader picture, Obi emphasized the need for Nigeria to transition from a consumption-centric economy to a production-driven one. “The pathway to the prosperous nation we envision lies in bolstering local manufacturers with the right incentives and conditions,” stated Obi. He further asserted that laying down a foundation that incentivizes manufacturing and instills a productivity mindset is crucial.

Closing his address, Obi’s message was one of optimism and determination: “A new, more prosperous nation is possible.”

Peter Obi’s sentiments have resonated with many who believe that strengthening the manufacturing sector is pivotal for Nigeria’s sustainable economic growth. As the country grapples with the departure of international conglomerates like GSK, the emphasis on local manufacturing might just be the silver lining the nation needs.