Connect with us

Featured

Bill Gates Condemns Buhari’s Economic Blueprint …Says It Doesn’t Address Nigerians’ Needs …‘Nigeria, Most Dangerous Country To Give Birth’

Published

on

The present economic templates being used by the Muhammadu Buhari government do not have the ability to address the unique needs of Nigerians at present, American business magnate, Bill Gates, has said.
The philanthropist and founder of Microsoft corporation however said Nigeria has the ability to approach ‘upper middle-income status’ like Brazil, China and Mexico, but added that achieving this status depends on “the choice Nigerian leaders make”.
Mr. Gates, at the special and expanded National Economic Council, held in Abuja,yesterday tasked Nigerian leaders to sincerely invest in not just infrastructural development but also human investment.
The theme of the meeting was “Role ofHuman Capital Investment in supporting Pro-poor and Economic Growth Agenda”.
The investor said though Nigeria is rapidly approaching upper- middle income status, the country has “unmatched economic potential and what becomes of that potential depends on the choice Nigerian leaders make”.
He said the Nigerian government’s Economic Recovery and Growth Plan (ERGP) identifies “investing in our people” as one of three “strategic objectives”.
But the “execution priorities” do not fully reflect people’s needs, “prioritising physical capital over human capital”, he said.
“To anchor the economy over the long term, investments in infrastructure and competitiveness must go hand in hand with investment in people. People without roads ports and factories can’t flourish. And roads, ports and factories without skilled workers to build and manage them can’t sustain an economy,” he said.
President Muhammadu Buhari on assumption of office had unveiled a four-year ERGP (2017-2020) to help propel the country towards the path of development and growth.
ERGP is an economic plan that builds on the 2016 Strategic Implementation Plan (SIP), a short term plan aimed at tackling corruption, improving security and rebuilding the nation’s economy.
ERGP seeks to build on the SIP by restoring growth, investing in people and build a global competitive economy.
Mr. Gates said the most important choice Nigerian leaders can make is “to maximise the country’s greatest resource, which is the people”.
He said Nigeria will thrive when every Nigerian is able to thrive.
“If you invest in their health, education, and opportunities- the human capital we are talking about today, then they will lay the foundation for sustained prosperity. If you don’t, however, then it is very important to recognise that there will be a sharp limit on how much the country can grow,” he said.
According to author, Nigeria’s government revenue as a percentage of its GDP is by far the lowest in the world, at 6 per cent and this makes the government investment in Nigerians difficult.
“The next lowest country, Bangladesh collects 10 per cent of its GDP. If you got yourself up to second to the last in the world, you would have an extra $18 billion to budget. Obviously, you are aiming higher, but it gives you some idea about the scale we are talking about.
“We want to support you in your work to mobilise resources to invest in your country and I urge you to rethink your investment on Nigerian people,” he said.
Speaking, Nigerian billionaire business man, Aliko Dangote said for the next generation to thrive as adults and drive the economic progress, “the government need to invest in their health and wellbeing”.
“The government need to invest in the youth’s ability to learn and apply new skills in an ever changing global economy. That at its core, is what we mean by human capital; healthy and productive and well-educated young people who are then enabled to succeed, lift up themselves and their families, and contribute to the society through their own ingenuity.
Meanwhile, Bill Gates, world second richest man, yesterday declared that Nigeria is one of the most dangerous places to give birth.
The Chairman of Bill and Melinda Foundation, said Nigeria has the fourth worst maternal mortality rate in the world behind Sierra Leone, Central African Republic and Chad.
He spoke at the Expanded National Economic Council, NEC, presided over by the Vice President, Yemi Osinbajo, in Abuja.
Gates disclosed that his foundation’s biggest office in Africa was in Nigeria where he had committed over $1.6 billion with the intention of increasing his commitment in the country.
He said, “The most important choice you can make is to maximize your greatest resource, the Nigerian people. Nigeria will thrive when every Nigerian is able to thrive.
“If you invest in their health, education and opportunities – the “human capital” we are talking about today – then they will lay the foundation for sustained prosperity. If you don’t, however, then it is very important to recognise that there will be a sharp limit on how much the country can grow.
“Nigeria is one of the most dangerous places in the world to give birth with the fourth worst maternal mortality rate in the world ahead of only Sierra Leone, Central African Republic and Chad. One in three Nigerian children is chronically malnourished.
“I urge you to apply this thinking to all your investments in your people. The Nigerian government’s Economic Recovery and Growth Plan identifies investing in our people as one of three strategic objectives.
“But the execution priorities don’t fully reflect people’s needs, prioritizing physical capital over human capital.
“To anchor the economy over the long term, investments in infrastructure and competitiveness must go hand in hand with investments in people.
“People without roads, ports, and factories can’t flourish. And roads, ports and factories without skilled workers to build and manage them can’t sustain an economy.”

Continue Reading

Featured

PH Law School Campus’ll Be Best, Chiroma Confirms

Published

on

Director General, Nigerian Law School, Prof Isa Hayatu Chiroma, has expressed optimism that the new Port Harcourt campus of the institution would be the best in the country.
Chiroma made the assertion when he paid a working visit to inspect ongoing civil construction work at the Nabo Bekinbo Graham-Douglas Campus of the Nigerian Law School in Port Harcourt, yesterday.
The director general was accompanied the Rivers State Governor, Chief Nyesom Wike, to assess progress of work at both the Nabo Graham Douglas Campus, Rumueme and staff quarters at New Government Residential Area, Port Harcourt.
He expressed gratitude to the state government for the intervention to build and deliver the Port Harcourt campus in order to help address the challenge of inadequate lecture and accommodation space for the ever-increasing number of students seeking to acquire vocational legal training at the current campuses of the Nigerian Law School in the country.
“The last time we were here was when the ground-breaking ceremony took place, and today, there is massive construction going on, and there is progress. I want to thank the governor and the good people of Rivers State for this progress.”
Chiroma, who observed that the teeming rainy season in Rivers State has slowed down the pace of work, noted that the amazing aspect of the project is that the quality of materials used for the raft foundation at the Nabo Bekinbo Graham-Douglas campus is world class.
“The kind of materials used with what we have seen on ground, it is unimaginable, it is excellent. I can assure you that the problem we will be having is about our students, who will prefer to be posted to this place with what I have seen.
“That is the battle we are going to be faced with. But, I can assure you that all our Law School Campus are the same, but with the development going on here, it is going to be a problem for us to decide who comes to Port Harcourt. From what I have seen it is going to be the best.”
Facilities under construction at the Port Harcourt campus will comprise 14 structures, including 1,500-capacity classroom blocks, hostel blocks, students’ multipurpose hall, 16 units’ 3-bedroom flat staff quarters with swimming pool, gymnasium and lawn tennis court.
Other facilities are, library, moot court/law clinic building, sick bay, administrative block, cafeteria and sporting facilities for students.

Continue Reading

Featured

Nigeria, Suffering From Leadership Failure, Wike Affirms

Published

on

Rivers State Governor, Chief Nyesom Wike, has said that it was regrettable that 61 years after Independence, Nigeria was still grappling with leadership challenge.
The governor pointed out that because of such leadership failure, Nigeria was now at a point in its history needing God more than ever.
Wike made the assertion at the Interdenominational Church Service organised in commemoration of the 61st Independence Anniversary of Nigeria at the St. Paul’s Anglican Church in Port Harcourt, yesterday.
The governor stated that there was hardly anything for Nigerians to celebrate as the country marks 61st Independence anniversary because its leadership continues to entrench hatred, mediocrity, promote ethnicity and religion.
“This is the time that Nigeria needs God more. The country is gone. Insecurity everywhere! Everyone needs to say God; we need you because man’s leadership has failed this country.”
The governor noted that, perhaps, the only thing Nigerians can boast of celebrating was the existence of the name, Nigeria.
“At 61 years, Nigeria is full of enmity, full of divisions, hatred, and ethnicity: A country that cannot put itself together.
“Everybody has responsibility; so, ask yourself questions, have I done my own part?”
Wike also observed the sorry state of Nigeria, and said at 61, it was far removed from being a country that can compete favourably with prosperous countries of the world, given its abundant resources.
The governor bemoaned what has become of the nation’s Legislature that continues to approve anything for the Presidency, and not minding the consequences.
He also decried how the nation’s Judiciary has succumbed to intimidation because its judges have abandoned their responsibilities out of fear, and wondered what fate Nigerians would have under such seeming tyrannical atmosphere.
“We cannot do the right things. Other countries are talking about how their elections will be transparent; we are talking about how we will rig the election in 2023.
“Simple thing, transmit election results electronically to show transparency, that really that the person you’re declaring won the election but we are afraid.”
“Where is the Legislature? A Legislature that cannot think, a Legislature, anything they bring is right, a Legislature that cannot say that Nigeria has nothing to regret from conducting free and fair election.
“A Legislature that you’ll close your eyes, anything they bring, about borrowing, you say borrow. A Legislature that cannot say that this money we are borrowing, where is it? Where are you applying it? You have no confidence to ask questions.
“The courts have been intimidated. The judges have abandoned their responsibilities out of fear. You’re seeing something that is wrong, but because you will be summoned in the night, you abandoned your responsibility.”
Wike also blamed the woes the country has suffered on all Nigerians who have refused to do the right things, but rather allowed the wrong things to be perpetrated in all facets of the society.
He noted how ascendancy to leadership was no longer by merit but by ethnic affinity and religious consideration, even when such persons do not have the capacity required to function in such offices.
Speaking further, Wike berated the church leadership over the inordinate dressing of a young man that he saw in the church, and attributed such sight to lack of enforcement of discipline in the church.
In his sermon, Bishop of the Diocese of Niger Delta North, Rt. Rev. Wisdom Ihunwo, noted that only foolish people despise God and attribute their successes in life to personal efforts and ingenuity.
Ihunwo said such foolish people abound in Nigeria because they have hearts of corruption, treat humanity with disdain and delight in doing abominable things and divert public funds for personal use.
According to Ihunwo, it was baffling that despite having leadership over the country, there was unabated spree of killings, a seemingly thriving kidnapping business with some officers of the military killed without drastic measures taken to return Nigeria to the path of sanity.
While charging the church to rise to speak courageously against wickedness in the land, Ihunwo declared the judgement of God upon the sponsors of such killings and kidnapping that have put Nigeria in a pitiable state that its people cannot celebrate independence of the country at 61 years.
Special prayers were said at the service for God’s favour and grace upon Nigeria and its leaders, Rivers State Executive Council, Judiciary and the Legislature, for the governor and his family, as well as the church and its leaders.

Continue Reading

Featured

Dreams To Achieve Peace, Dev In N’Delta Achieved, FG Boasts

Published

on

The Interim Administrator, Presidential Amnesty Programme (PAP), Col. Milland Dixon Dikio, has said that the Federal Government has achieved its dream of moving the Niger Delta from incessant protest to peace and development.
Dikio said this, last weekend, when an ex-militant, High Chief Biobopere Ajube, was conferred with a chieftaincy title in Arogbo Ijaw Ibe, Beleukoriwei (Pathfinder) by the Paramount Ruler of the kingdom, Pere Zaccheaus Doubara Ebgunu, in his palace in Arogbo, Ondo State.
According to him, the present administration has succeeded in curtailing the restiveness in the region through engagements with the ex-militants.
He assured them that government would not renege in its promises to ensure that the region and its people are developed.
Dikio called on ex-agitators to emulate the disposition of Ajube in peace and entrepreneurship.
He lauded Ajube for leading the charge for a peaceful and prosperous Niger Delta, noting that he was the face of what can happen in the region.
According to him, “with the likes of Ajube, who had undertaken the task of having 400 ex-agitators trained in his Bradama facility under the PAP’s Train, Employ and Mentor (TEM) model, the dream of moving the Niger Delta from incessant protest to peace and development is achievable.
“We’re here to tell this community and indeed the world what Ajube means to us. He is very special and we’re excited that he bought into our vision in PAP which is tailored to change the narrative in the region.
“He took the lead of our Train, Employ and Mentor initiative and has pledged to have 400 of our people trained in his facility.
“He is the face of what can happen in the region and there is no doubt that with people like him, the Niger Delta can truly be the place to live and do business”
Ondo State Governor, Rotimi Akeredolu, who was represented by his Deputy, Hon Lucky Aiyedatiwa, described Ajube as a proud son of Ondo, who had made a tremendous impact in the lives of his people.
He said the honour was a testament of all he had been doing for his people, and urged him not to relent but extend similar gestures to other parts of the state.
“We’re gathered here to celebrate a man who through self-development and engagement is where he is today. We’re proud of him as a true son of Ondo State. All he thinks about is development, peace and empowerment which is a good thing”.
Also speaking, former Managing Director of the Niger Delta Development Commission (NDDC), Timi Alaibe said Ajube, during the height of militancy in the Niger Delta, was grossly misunderstood by the Federal Government but as head of the Amnesty Programme, he stood firmly by his side, to explain that he meant well.
He said, “This honour is well deserved. The story and struggle of the emancipation and dealing with the issues in the Niger Delta will not be complete without the mention of High Chief Bibopere Ajube. The story is deep for some of us.
“So, I’m proud that we’re gathered here to celebrate peace, excellence, leadership, strive for sustainable development, honest, and sincere man that loves his God. I know him when he had nothing. He is a man that has the interest of his people in his heart”.
The Traditional Ruler of Arogbo Ijaw Ibe, Pere Zaccheaus Doubara Ebgunu, said it was not a mistake that Ajube was honoured with the highest title, noting that the kingdom has been blessed by him and decided to display that by conferring the prestigious title on him.

Continue Reading

Trending