Buhari's administration will take Nigerians out of poverty before 2023 - Osinbajo

Buhari's administration will take Nigerians out of poverty before 2023 - Osinbajo

- Professor Yemi Osinbajo has urged Nigerians to have confidence in the administration of President Muhammadu Buhari

- The vice president said that Buhari's administration would take Nigerians out of poverty before 2023

- Osinbajo also noted that the decentralisation of power sources would give opportunities to organisations and industries to procure power for eventual distribution among consumers

Vice President Yemi Osinbajo has promised that President Muhammadu Buhari’s administration would take Nigeria out of the comity of poor countries in a couple of years to come.

Nigerian Tribune reports that he gave the assurance on Monday, April 1, in Lagos while delivering the 50th convocation lecture of the University of Lagos (UNILAG), Akoka.

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Legit.ng gathered that while speaking on “Nigeria rising: The path to prosperity,” Osibajo, an alumnus of the university (1975 set), identified numerous areas cutting across major sectoral divisions of the economy as areas of priority and focus he said the government had already channelled resources towards in making Nigeria a prosperous country.

He said some of these areas include tackling of corruption especially in public service, decentralisation of power generating and distribution, concessionaire of air and seaports, provision of hard and soft infrastructure, democratisation of education sector, development of quality human capital among others.

While blaming the past government for what he called their high level of corruption, Osibajo re-emphasised that the practice really and substantially drew Nigeria backward economically.

He said: “I know many don’t want to hear this but it is a fact that the grand corruption of the past administration has really deplenished government revenue. And we should all pray never to experience such ill again in our country.”

On power, the vice president said the decentralisation of power sources would give opportunities to organisations and industries to procure power for eventual distribution among consumers.

He stated that the exercise would make it much easier to enjoy power supply even to residential houses nationwide.

According to him, the ongoing solar system electrification project across various markets in the country is part of the measure to decentralise power generation in the country, adding that, “we are licensing companies to provide power to companies, markets and several economic clusters.”

He, however, urged Nigerians for their full cooperation with and support to the government to be able to achieve the goals for all.

Speaking earlier, the chairman on the occasion, Chief Arthur Mbanefo, expressed displeasure over the high level of poverty and youth unemployment in the country, saying all indications from the National Bureau of Statistics (NBS) pointing to that fact.

He said the government, in particular, would need to do something in concrete terms to make life more meaningful for Nigerians.

The former pro-chancellor of the institution, Chief Arthur Mbanefo, who was the chairman on the occasion, governor of Ekiti state, Kayode Fayemi, minister of Niger Delta affairs, Usani Uguru Usani, former vice-chancellor of UNILAG, Prof Ayo Ibidapo- Obe, chairman of governing council, UNILAG, Wale Babalakin, vice-chancellor, Prof Oluwatoyin Ogundipe; and the executive secretary of Tertiary Education Trust Fund (TETFund), Prof Sulaiman Bogoro, were among eminent personalities also in attendance.

Meanwhile, Legit.ng had previously reported that Vice President Yemi Osinbajo blamed lack of integrity on the part of Nigeria's past leaders for the major problem currently facing the country.

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It was reported that Osinbajo said the ugly trend reared its head more especially with past leadership of the country.

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Source: Legit.ng

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