The quote by Peter Obi highlights the detrimental impact that excessive focus on politics and personal enrichment can have on a country’s development and prosperity.
When politics becomes more lucrative than industry, it incentivizes individuals to pursue political careers not for the purpose of serving the public good but for personal gain. This can lead to a lack of accountability and transparency, as politicians prioritize their own interests over the needs of the people and the country.
Moreover, when those in government accumulate excessive wealth while entrepreneurs struggle, it suggests a systemic failure in the distribution of resources and opportunities. This inequality can stifle economic growth, as entrepreneurs are less likely to invest and innovate when they face unfair competition from those with political connections.
Ultimately, a country that prioritizes politics over industry manufactures poverty by creating a system where those in power exploit their positions to enrich themselves at the expense of the broader population. This can lead to social unrest, economic stagnation, and a lack of progress for all.