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Peter Obi Decries Get-rich-Quick Syndrome, Urges Youths to Embrace Skills, Entrepreneurship

Nathaniel Irobi by Nathaniel Irobi
June 7, 2025
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Peter Obi, former governor of Anambra, has decried the get-rich-quick syndrome among youths and called for an urgent value re-orientation among the nation’s youths.

He made the call on Friday in Agulu, Anaocha Local Government Area of Anambra during the maiden Amatutu community entrepreneurship and empowerment summit.

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Mr Obi, who was the 2023 presidential candidate of the Labour Party, said that the get-rich-quick syndrome was counterproductive in society.

He urged youths to key into skill acquisition, trading and entrepreneurship to enhance their productivity rather than indulge in unlawful acts just to acquire wealth.

According to him, in 1957, his father owned three Mercedes Benz cars among other properties but today the properties are no more.

“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 need to get rich by all means will not exist and life will be more meaningful to all and sundry,’’ he said.

He commended the organisers of the summit led by Aisha Edward-Maduagwu, director, Sickle Cell Orphanage and Underprivileged Home Agulu, saying it was timely.

The former governor assured the organisers of the summit of his support to touch the lives of the indigent, widows, youths and anyone in need of capital for self-development.

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The special guest speaker at the event, Chinyere Okunna, urged the organisers not to relent in their effort towards improving the lives of rural people by showing them the right path to success.

The chairman of the occasion, Josephat Ogbuagu, said the summit would shape the future for the community for the better.

Ms Ogbuagu advised them to harness the power of collective effort and innovation to build a prosperous community.

Earlier, ams Edward-Maduagwu said that the event was a milestone in Agulu community towards its progress and prosperity.

She also said it was a testament to the power of collective efforts, visionary leadership and commitment to human capital development.

She said that 50 people, including women and youths, were empowered with cash, equipment and other tools to help them pursue their dreams and contribute to the growth and development of the community.

“We are deeply grateful to Obi for his tireless efforts in promoting human capital development in our community.

“Obi’s legacy is a testament to the impact one person can have when driven by a passion for service and commitment to empowering others.

“To the 50 beneficiaries of this empowerment programme, it is a momentous occasion in your lives, see the resource received today not just as a gift but a catalyst for your dream,’’ she said.

Ms Edward-Maduagwu said that with the help of the sponsors, organisers and volunteers, it was possible to hold a successful programme.

Chidiebele Iloanya, one of the beneficiaries and a petty trader, said that she was selected after the interview held by the management of the orphanage and promised to use the funds judiciously.

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Ifeanyi Okonkwo, another beneficiary who got equipment and cash for his saloon, expressed gratitude for the support.

(NAN)

Tags: entrepreneurshipget-rich-quick
Nathaniel Irobi

Nathaniel Irobi

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