President Muhammadu Buhari on Monday in Abuja charged public and private sector leaders in the country to look inward to solve the unique challenges confronting the nation’s socio-economic development. He gave the charge while declaring open the 25th Nigerian Economic Summit (NES25).
President Buhari, in a statement by the Special Adviser on Media and publicity, Chief Femi Adesina, also pledged that his administration will continue to collaborate with the private sector in designing and implementing developmental projects that will keep Nigeria on track for sustained, inclusive and prosperity driven growth.
In his speech at the opening of the 2-day Summit, the President said the successful conclusion of 2019 general elections and the resort by aggrieved candidates to seek redress in the courts rather than the street was proof that Nigeria‘s ‘‘democracy is maturing.’’ ‘
‘I am informed that this year’s Summit has identified key job-creating sectors such as agriculture, manufacturing, ICT, creative industry and extractive industry as focus sectors.
‘‘I am also told that your deliberations will focus on unlocking capital through our financial services sector to actualize the opportunities in these sectors. ‘‘In your deliberations, I would request that your proposals are productive, inventive and innovative keeping in mind that Nigeria’s unique challenges can only be solved by made in Nigeria solutions,’’ he said.
Recounting the 2019 general elections, the President said Nigeria has shown the world that it is capable of electing leaders in a peaceful and orderly manner.
‘‘The elections have come and gone. Our country, once again, has shown the world that we can choose our leaders in a peaceful and orderly manner.
‘‘Apart from a few pockets of unrest, majority of voters exercised their civic rights without hindrance. ‘‘Furthermore, we also saw an increase in the number of aggrieved candidates, and supporters, who took their concerns and grievances to the courts as opposed to the streets. This is how it should be. ‘‘Ladies and Gentlemen, what this clearly shows is that our democracy is maturing,” he said.
Reflecting on the manifesto of the All Progressives Congress (APC) party, the President noted that his administration’s economic policies in the last four years focused on the need to uplift the poor and the disadvantaged and encourage inclusivity.
‘‘During the elections, almost all candidates proposed their vision for the economy and for the country. ‘‘Our party, the APC, put before the country policies that focus on delivering prosperity to all Nigerians through enhancing security; eliminating corrupt practices in public service; supporting sectors that will create jobs; and promoting socially focused interventions to support the poorest and most vulnerable among us.
‘These areas are all interconnected and are equally important in creating a prosperous society for all,’’ he said. Underscoring the importance of collective prosperity, President Buhari asserted that a prosperous society is one where majority of its citizens have an acceptable standard of living.
‘‘Today, many mistake prosperity with wealth. They are not necessarily the same. ‘‘Experts and analysts explain economic trends by making references to indicators of wealth. ‘‘Wealth, however, in its simplistic form, is money or other assets. In recent years, global events have shown that when a society and its leaders are driven and motivated by these alone, the ultimate outcome is a divided state of severe inequalities.
‘But a prosperous society is one where majority of its citizens have an acceptable standard of living and a decent quality of life,’’ he said.
The President also used the occasion to affirm that in addressing population growth, security and corruption matters in developing economies, policies and programmes must focus on promoting inclusivity and collective prosperity. ‘‘Nigeria is a country with close to 200 million people living in 36 states and the FCT.
‘‘A significant proportion of Nigeria’s prosperity today is concentrated in the hands of a few people living primarily in 4 or 5 States and the FCT. Some of the most prosperous Nigerians are here in this room. ‘‘This leaves the remaining 31 States with close to 150 million people in a state of expectancy and hope for better opportunity to thrive. This, in the most basic form, drives the migratory and security trends we are seeing today both in Nigeria and across the region.
‘‘In the recent weeks, I have been to Niger Republic to attend the ECOWAS summit; Japan with fellow African leaders to attend the Tokyo International Conference on African Development; the United Nations General Assembly in New York and South Africa on a State visit to exchange ideas on the common themes we share as the two largest economies in Africa.
‘‘What was very clear at these meetings, and numerous others I have been privileged to attend over the years is the increased consensus by leaders that to address population growth, security and corruption matters in developing economies, our policies and programmes must focus on promoting inclusivity and collective prosperity.
Border Closure: Alomo Bitters Manufacturer Loses $2m
As the raging issues of border Closure by Buhari-led administration continues with Nigeria and even Ami neighbouring Africa nations.
KasaprekoLimited, is the manufacturer of Alomo Bitters, a beverage widely consumed by Nigerians.
The company is also Ghana’s largest local beverage manufacturer. It has lost about $2 million in revenue following the border closure by the Nigeria government.
This was made known in by Francis Holly Adzah, Kasaprekos Head of International Business Development when he stated in an interview with a Ghanaian news website, JoyBusiness that they have lost about $2 million in revenue following the action of the Federal Government of Nigeria to close borders with neighbouring countries.
Buhari Working Hard To Meet Nigerians Need -Oshiomhole
The National Chairman of the All Progressives Congress (APC), Adams Oshiomhole, has expressed President Muhammadu Buhari’s determination to accelerate economic growth with a view to meeting the needs of Nigerians in his second term in office.
In a statement signed by his Chief Press Secretary, Mr Simon Ebegbulem, on Tuesday, Oshiomhole said this when a delegation from the Vietnamese Government paid him a courtesy in Abuja. The delegation was led by His Excellency, Nguyen Hai Ninh, the Deputy Chief of Office of the Central Committee of the Communist Party of Vietnam.
According to him, to achieve this, the APC led Federal Government is reviving our textile industry. “The idea is to work towards taking advantage of comparative advantage in this sector in order to help provide jobs to the over 200 million of our population,” Oshiomhole said.
According to him, Buhari is in a hurry to provide jobs to unemployed Nigerians as well as accelerate the growth of the economy.
It is as a result of this that the APC led administration is fighting corruption vigorously for our commonwealth not to be concentrated in the hands of a few, but that of the majority.
“With a population of 200 million, we have the advantage of a huge market, but we also have a huge challenge of ensuring an economic growth that will make those 200 million people comfortable. “Before the coming of Buhari, we missed lots of opportunities,” he said.
Oshiomhole said that the country had challenges in power supply and security, adding that the President was fighting corruption to preventing few people from taking the wealth meant for the nation.
“Nigerians voted overwhelmingly for our President, so we are going to take advantage of the second term to ensure that we accelerate economic growth for us to meet the needs of our people.
“Right now, we are focusing on ensuring that we have a power supply. Vietnam has a strong textile industry and you have an international market, so I am glad to know about that.
“I am particularly keen on this because I work in the textile factory before and I think that there are one or two things we can learn from your experience because we are on the verge of reviving our textile industry which will help us create jobs,” he said. Oshiomhole commended the Vietnamese Government for backing Nigeria in its bid for the Presidency of the United Nations General Assembly.
He said that the countries would continue to deepen relationships in areas of trade and investment for the benefit of the two countries. Earlier, Hai Nin said the visit was to establish official relationship between the APC led government and the communist party of Vietnam.
He solicited the assistance of Nigeria in settling the crisis between Vietnam and China over the disputed South China sea, urging Nigeria to insist that the dispute be settled according to the UN established laws. (NAN)
Bayelsa Guber: Jonathan Kinsmen, Others Joins APC
As the gubernatorial polls of Bayelsa is drawing nearer on daily basis, grassroots politicians and kinsmen of former President Goodluck Jonathan, Chief Robert Enogha and Chief Claudius Enegesi have dumped the People’s Democratic Party (PDP) for the All Progressives Congress (APC) ahead of the November 16 governorship election in Bayelsa State.
Prior to his defection, Enogha was the Chairman, Bayelsa Environmental Sanitation Authority and former two-time member of the Bayelsa State House of Assembly. Enogha, who was until his defection one of the restoration leaders in Ogbia, was also a former Commissioner for Environment in the state. Enegesi, one of the political associates of Jonathan, was a Speaker in the old Rivers State when Ada George was the governor.
The party stalwart, who was the pioneer Chairman of the PDP in Bayelsa when the party was formed in 1998, was a former national executive member of the party and a former caucus chairman of PDP, Ogbia chapter.
Also in Nembe, Chief Bright Erewari-Igbeta, a former House of Assembly member and presently Special Adviser to the Governor on Environment resigned his appointment from the government and also from the party. In the same council, Chief James Jephthah aka Octopus after series of meeting with leaders and supporters of PDP under the Octopus Umbrella said he and his political associates had decided to withdraw their membership of the PDP. But Enigha while jointing the APC cited dictatorial tendencies in PDP as a reason for his decision to leave the party. He said: “I write to formally inform you of my withdrawal of membership from the People’s Democratic Party (PDP).
I am doing this with so much pain as a founding member of the party which was truly democratic as at then. “I must acknowledge the immense benefit and experience I have gathered over the years through service as a loyal and faithful member. However I have lost confidence in the party’s ability to accept where the opinion of majority counts, hence my resignation”.
Also in Brass, Chief Beimo Spiff the coordinator of the PDP governorship campaign council in Brass Local Government Area and brother to Senator Inatimi Rufus Spiff, Chairman of the PDP reconciliation committee, dumped the party for the APC.
Spiff and his supporters were received by the Secretary of the party, Alabo Martins. Beimo- Spiff in his letter of resignation addressed to the Chairman of the party said he was resigning from the party due to some “despicable injustices in the party
News2 weeks ago
Again, Another APC Governor Loses To PDP At Tribunal
News1 month ago
Grace Mugabe Cries To Obasanjo During Mugabe Funeral[PHOTOS]
News1 month ago
BREAKING: Former Buhari’s Minister Decamps To PDP
News1 month ago
South Africans Stage Demonstration To Beg Nigerians For Forgiveness Over Xenophobic Attacks [VIDEO]
News3 weeks ago
BREAKING: Aisha Buhari Finally Speaks, Reveals Her Plans
News3 weeks ago
Why I Didn’t Hand Over Power To Osinbajo When Traveling – Buhari
News1 month ago
BREAKING: APC Loses Another 2 Reps At Tribunal To PDP
Metro1 month ago
Another Lady Murdered In Hotel With White Handkerchief Tied On Her Leg [PHOTOS]