The eminent businessman has expressed confidence in Buhari’s capacity to transform Africa’s largest economy, despite the current challenges. Though he admitted that the country was grappling with some economic, ethnic, religious and political challenges, the former governor expressed hope there would be light at the end of the tunnel, especially when everyone gives the needed support to the president. He said: “Yes, we have challenges to overcome; those that are frustratingly inherent in our current public system. We remain reliant on the same specific energy resources that are bountiful in some regions and scarce in others, creating an imbalance that perpetuates regional, ethnic, religious and political tensions.”
He described Nigerians as innovators, globalization-savvy
businessmen and women, farmers, manufacturers and politicians, saying they
remain determined to succeed in an ever-competitive global marketplace.
Meanwhile, former governor of the Central Bank of Nigeria (CBN), Professor
Charles Soludo, has recommended the restructuring of the Nigerian economy from
consumption driven to production based for the country to get out of the its
present challenges. Soludo who gave the recommendations in his lecture at the
progressive governors’ forum 4th progressive governance lecture series, said
the government needs to implement a coalition of economic policies that can
deal with desperate socio-economic issues in a systematic and sustainable
manner. He noted that the country needs to break the dynasties of poverty and
maximize the comparative and competitive advantages for the growth in Nigeria
and states to be inclusive.
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