today-is-a-good-day
4.3 C
New York
Tuesday, March 19, 2024
HomeNewsEconomyOsinbajo’s responds to Bill Gates’ speech on Nigeria’s economy

Osinbajo’s responds to Bill Gates’ speech on Nigeria’s economy

Vice President, Yemi Osinbajo, yesterday responded to call made by billionaire Bill Gates, asking the Federal Government to resolve challenges surrounding human capital development.

According to Osinbajo, investing in people was a primary aspect of the current administration’s Economic Recovery Growth Plan.

Speaking further, Osinbajo noted the government was aware that people were critical to driving the economy which was why the administration was currently doing everything possible to improve the basic infrastructural elements that enhance proper human life.

“Nigeria has strong economic growth and development ambitions encapsulated in our economic Recovery and growth plan which we launched in 2017.

“All of those lofty ambitions can only be achieved through the determined application of human skill and effort and for that effort to be meaningful and productive, it has to come from people who are healthy, educated and who empowered.

“We are engaged fully as a government in particular and as governments in the various states to ensure that we are able to address some of these concerns.

Advertisements

“Let me reiterate that not only are we aware of the issues that you’ve outlined and many that have already been spoken of, but we are prepared to take on those challenges head-on and indeed we have no choice because the problem literally grows every day.

“Our population happens to be the largest in Africa and one of the largest in the world and in the next two decades, some say we will be the 3rd or 4th,” he said.

“The Nigerian government’s Economic Recovery and Growth Plan identifies investing in our people as one of three strategic executives but the execution priorities don’t fully reflect people’s needs – prioritising physical capital over human capital,” Gates had stated.

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari