Former Anambra State Governor and Labour Party’s 2023 presidential candidate, Mr. Peter Obi, has cautioned Nigerian youths against embracing the get-rich-quick mentality, describing it as a destructive trend that undermines societal values and long-term success.
Obi gave the warning on Friday during the inaugural edition of the Amatutu Community Entrepreneurship and Empowerment Summit, held in Agulu, Anaocha Local Government Area of Anambra State.
The summit, organised by the Sickle Cell Orphanage and Underprivileged Home in Agulu, led by Ms. Aisha Edward-Maduagwu, empowered 50 beneficiaries — including women and young people — with cash, tools, and equipment to support small-scale businesses and skill acquisition.
In his keynote address, Obi lamented the desperation among some young Nigerians to attain wealth by any means, noting that such pursuits often lead to ruin rather than prosperity.
“In 1957, my father owned three Mercedes-Benz cars among other properties. Today, none of those properties exist,” Obi recalled.
“I do not believe in acquiring wealth all over the world that is not for your immediate need — what for? If people understand life in a simple manner, the urge to get rich by all means will not exist, and life will be more meaningful to all.”
He urged young Nigerians to channel their energy into entrepreneurship, trade, and skill acquisition, stressing that these pathways are more sustainable and honourable routes to both personal advancement and national development.
Obi praised the summit’s organisers for their dedication to uplifting the underprivileged and pledged his continued support to similar community-based initiatives.
Also speaking at the event, Prof. Chinyere Okunna, who served as the Special Guest Speaker, lauded the organisers and called for sustained efforts in transforming rural communities through empowerment and the promotion of positive values.
Chairman of the occasion, Prof. Josephat Ogbuagu, underscored the importance of innovation, grassroots collaboration, and community-driven development in addressing Nigeria’s socio-economic challenges.
In her remarks, Ms. Edward-Maduagwu described the event as a milestone in Agulu’s journey toward inclusive growth.
“This event is a testament to the power of visionary leadership and commitment to human capital development,” she stated.
Some beneficiaries who received business support at the event expressed appreciation for the gesture. Mrs. Chidiebele Iloanya, a petty trader, vowed to make productive use of the assistance received, while Mr. Ifeanyi Okonkwo, who got funding and equipment for his saloon business, described the gesture as “life-changing.”
The summit marked a significant effort at bridging the empowerment gap in rural Anambra and promoting a culture of dignity through work and enterprise.
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