Obi to Tinubu: Learn from Indonesia in addressing Nigeria’s economic troubles
Labour Party presidential candidate in the 2023 election, Peter Obi, has said that Nigeria needs to learn from the successful lessons from Indonesia in addressing current economic hardship in the country.
In a post on his official X account, @PeterObi said Indonesia’s Human Development Index (HDI), rose from $1,136 in 2004 to approximately $5,000 in 2024.
He said: “Driven by my firm conviction that what is imperatively required now is to learn from and strictly apply the successful lessons that other comparable nations have used to achieve progress, as I had expressly and severally tweeted earlier this year, I embarked on my first planned trip to Indonesia.
“I arrived in Indonesia on the 2nd of February and spent five days—Monday to Friday—engaging in several hours of meetings with highly placed stakeholders on various issues of development.
“These discussions covered critical areas such as security, education, healthcare, and poverty alleviation.
“In 2004, Indonesia’s per capita income was $1,136, while Nigeria’s was $963. At that time, Indonesia’s overall development, as measured by the Human Development Index (HDI), was categorized as medium, whereas Nigeria’s was low.
“By 2024, Indonesia’s per capita income has risen to approximately $5,000, while Nigeria’s remains around $1,000. Indonesia’s HDI has improved from the medium to the high category, whereas Nigeria remains in the low category.
“For example, using health, the number one HDI indicator, Indonesia now has 98% health insurance coverage, whereas Nigeria has less than 10%.
“From Monday to Wednesday, I will take the time to share snippets from my trip. I have already noted some key insights, which align with my firm belief that learning from proven models is the panacea for sustainable growth and development.”
