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Mr Obi emerged on Saturday at the party's convention in Abuja.
The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has pledged to increase Nigeria's electricity generation and distribution by at least 10,000 megawatts within four years if elected president in the 2027 general elections.
Mr Obi made the commitment on Saturday in Abuja while accepting his nomination as the party's presidential flag bearer, declaring that "a New Nigeria is Possible".