Thursday, May 14, 2026 - Former presidential candidate Peter Obi has asserted that Nigeria’s current economic challenges require a "wealth creator and manager" rather than just academic qualifications.
In an interview with News Central on Thursday, May 14, Obi
addressed past comments made by Senator Rabiu Kwankwaso, who had previously
claimed at Chatham House that his PhD made him more qualified for the
presidency.
Obi acknowledged Kwankwaso’s academic standing and
administrative experience but argued that the country's needs have shifted.
“Qualification is a perspective... He said he was more
qualified because he has a PhD which is not bad. I don’t have a PhD,” Obi
remarked.
However, he maintained that for the specific task of fixing
the economy, his background is unmatched.
“For what Nigeria needs today, Nigeria needs a wealth
creator, wealth manager. I have built reputable businesses from scratch locally
and internationally. Nobody today in this context, including the president, can
claim to have passed through my experience,” he said.
Responding to critics who have labeled him a "common
trader," Obi defended the profession, stating that making money through
trade is one of the most difficult tasks to master. He emphasized that the
nation’s survival depends on a shift in leadership philosophy.
“What Nigeria needs today is somebody that creates wealth,
not somebody who shares wealth, somebody who can manage resources more
efficiently and save for the future,” he stated.
This exchange comes as both Obi and Kwankwaso have joined the
Nigeria Democratic Congress (NDC).
With the party reportedly zoning its 2027 presidential ticket
to the southern region, political analysts suggest that Kwankwaso may
eventually serve as Obi’s running mate, despite their previous debates over
seniority and qualifications.

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