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“OBI EXPORTS JOBS, IMPORTS UNEMPLOYMENT”: Oshiomhole Mocks Peter Obi’s Retail Model, Claims He Was Sole Importer of Wine Brand
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247 Ureports
ABUJA — Former Edo State Governor and Senator representing Edo North, Adams Oshiomhole, has launched a sharp critique against the business philosophy of former presidential candidate Peter Obi, arguing that his commercial operations actively harm Nigeria’s local economy.
There was a time I went to buy red wine in one of his stores, and I was told Peter Obi was the sole importer of a particular brand of red wine or something from South Africa.”
Oshiomhole argued that traders operate on short-term horizons—typically 3 to 6-month cycles—and lack the structural patience required to build local manufacturing plants that create enduring jobs.
Defense of Economic Reforms: Oshiomhole used the comparison to contrast Obi’s retail background with President Bola Ahmed Tinubu’s long-term economic restructuring, which he described as necessary, painful “surgery” to rebuild Nigeria’s productive base.
While supporters of Peter Obi point to his business experience as evidence of financial prudence and private-sector success, critics like Oshiomhole continue to frame his commercial legacy as an example of Nigeria’s over-reliance on foreign imports over domestic production.