Peter Obi Advocates Channeling ‘Yahoo Boys’ Skills Towards Boosting Nigeria’s Economic Growth

Peter Obi, the former presidential candidate from the Labour Party, has urged a change in Nigeria’s approach to dealing with young internet fraudsters, commonly referred to as “Yahoo boys,” emphasizing the latent potential these individuals hold.

During his address at the Golden Health Conference in Onitsha, Anambra State, which centered on the theme “Money Beyond Wealth,” Obi pointed out that these youths exhibit extraordinary creativity. With proper guidance, he believes they could play a significant role in advancing national development.

“Many of those labeled as Yahoo boys are actually geniuses who need direction rather than condemnation. Their innovation and boldness, if steered correctly, can propel national growth,” Obi remarked.

Obi, who cut short a trip to the UK to participate in the conference, noted the event’s relevance, as it tackled a critical issue in society: the materialistic mindset undermining Nigerian values.

He cautioned that glorifying corruption and rewarding deceit would hinder the country’s path to greatness.

“Money is necessary, but it is only a small part of real wealth. True wealth is built on integrity, character, and purpose. It uplifts society, promotes education, reduces poverty, and creates opportunities for others,” he said.

The former Anambra State governor further cautioned that the reckless pursuit of wealth has weakened Nigeria’s moral foundation.

“Leadership must lead by example, for a nation that rewards dishonesty cannot build integrity,” Obi remarked.

He also encouraged Nigerian youths to embrace the dignity of labour, reminding them that nations are built by people who think, work, and create, not by miracles.

Obi emphasized the importance of fairness and justice in governance, noting that sustainable development requires collective effort rather than ethnic or religious favoritism.

“No religion or tribe buys bread cheaper than another. Nigeria is blessed with abundant resources; what we lack is the will to do what is right,” he said.