Vice President Yemi Osinbajo said that Nigeria needs diversification of the economy and not restructuring because the Federal Government controls the bulk of the resources. The Nation Reports.
Osinbajo who spoke at the second Foundation Lecture of the Elizade University, Ilara-Mokin in Ondo State, said the nation is not earning enough from oil and taxes anymore, adding that the nation is blessed and every nation can feed itself and also export if engaged in agriculture.
On restructuring, he described calling for restructuring of the country simply because the federal government controls a bigger portion of the resources, may not be helpful or make a difference.
He said: “Even if states are given half of the resources of the federal government, the situation will not change; the only change is to diversify the economy.”
He urged Nigerians to embrace technology as a vital key to development.
In his lecture entitled; The Future is Here Earlier Than We Thought.”, he said understanding the way technology works and thinking out of the box is the way to go in the world of today.
He stressed that the path to greatness and development is in critical thinking and coming up with innovative ideas.
According to the Nation, Osinbajo also listed major and global advancements attained through technology and innovative ideas including how some Nigerians have taken due advantage of it.
Recognizing the central role innovation and technology play for national economic growth plan, he said, that the federal government provided extensively for technology and innovation in the current budget.
No comments:
Post a Comment