Business
NIPSS Charged On New Poverty Alleviation Policy
Rivers State Governor, Rt Hon Chibuike Amaechi has charged participants at the National Institute for Policy and Strategic Studies (NIPSS) to formulate workable policy options that would alleviate poverty in Nigeria.
Governor Amaechi made the charge when participants of NIPSS Course 33, led by the Director-General, Prof. Tijani Bande, paid him a courtesy visit at Government House, Port Harcourt, last Wednesday.
Amaechi said such policy would chart a new course for Nigeria in the areas of poverty alleviation and crime reduction.
“Since you constitute the intellectual class, you have the responsibility to ensure that you churn out those policies that would reduce poverty in the country.” he said.
He appealed to the institute to produce a blueprint that would make Nigeria move away from its current dependence on oil economy to an agriculture-based economy, citing the example of Malaysia.
The Governor remarked that the Malaysian economy depended on palm oil in spite of its huge crude oil deposit.
He stressed that the policy would provide opportunity for the rich and the poor to express their potentials.
Responding, NIPSS Director General, Prof. Tijani Bande lauded Governor Chibuike Amaechi for embarking on projects across the State which have helped in reducing conflict and making life meaningful for the people.
In another development, Governor Chibuike Amaechi has called for the education of Nigerians on ways of getting the best out of the economy by investing in the capital market.
Amaechi spoke during an Investor/Issuer Education Outreach programme organised by the Securities and Exchange Commission (SEC) in Port Harcourt.
“Nigeria needs to move away from a consuming economy to an agricultural and manufacturing economy. As long as the cost of production continues to increase because of extra cost in power, security and other miscellaneous expenses, importation would remain cheaper. You need to find an alternative to over dependence on oil” he said.
Earlier, the Director General, SEC, Ms Arumna Oteh, had stated that the Commission was in Port Harcourt as part of its enlightenment programme for Rivers people on the importance of the capital market to project financing and personal investment plans.
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