YPP's Peter Agada Advocates for Value Addition in Nigeria's Export Economy

In a recent interview in Abuja, Arch. Peter Agada, the presidential candidate of the Young Progressives Party (YPP), has voiced a strong opposition to the practice of exporting Nigeria's raw materials without any value addition. He argues that this long-standing approach denies the nation the economic benefits that could be derived from processing its resources domestically.

Agada outlined his vision for the country's economy, highlighting the crucial role of electricity supply and industrialization in his proposed administration. He stated, “The industrialisation we all talk about can only happen when we fix power and put in place policies that will promote investments from the ward level upwards.” His plan aims to create an environment conducive to local industries, thereby enhancing the value of Nigerian products before they are exported.

Additionally, Agada emphasized the importance of making rural communities appealing to agro-allied industries that can process agricultural products for export. “Our rural communities will attract agro-allied industries to promote export of produce after value has been added to earn foreign exchange. Enough of sending raw materials only to collect peanuts in return,” he asserted.

In his broader political agenda, Agada expressed a commitment to mobilizing Nigerians both at home and in the diaspora, urging them to collaborate in building a nation that all citizens can take pride in. He believes that leveraging Nigeria's existing strengths while addressing its weaknesses will be crucial for national progress.

As the 2027 general elections approach, Agada's proposals reflect a growing concern among political leaders regarding the need to enhance Nigeria's economic framework, particularly in terms of export policies and local industrial development.