Economic expert advises Buhari govt on how to develop Nigeria - Daily Post Nigeria

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Economic expert advises Buhari govt on how to develop Nigeria

Alage said its high time the Federal Government moved away from dependency on oil and Agriculture and focus on manufacturing if the country must move forward.

According to Alage: “Recent GDP showed that Nigeria’s economic bill was 2.25 percent first-quarter year-on-year and showed an average of 2.27 throughout 2019. In the same period, Rwanda a country that has so accepted reality and one of the fastest-growing economies in Africa right now grew at 11.

“Thirty years ago it would be an aberration for people to say they want to stay in Rwanda but today, it’s fast becoming the most viable place for any black person or colour whatever to live in. “So should Nigeria continue to focus on oil or Agriculture? The answer is no. This is two major areas Nigeria had focused but its not the answer. The real way out is to take this economy from either Agriculture or oil to manufacturing and services in between.

 

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An enabling environment starts with security. Who wants to invest in a “shit hole” country? Just repeating the description of Nigeria by another leader not my words.

Stoy

Mr. economic expert, be certain your words will fall on deaf ears. Of that, I have no doubt.

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