Osinbajo insists diversification is Nigeria's solution

Osinbajo insists diversification is Nigeria's solution

- Professor Osinbajo says that the solution to Nigeria's problem is diversification of the economy

- The vice president says restructuring the country will not put an end to the country's problem

- He said the government was also focused on development of science and technology

Professor Yemi Osinbajo has rejected the call from some people that the country needs to be restructured as that is not the solution to the country’s problem.

Daily Trust reports that the vice president made this remark during the weekend while delivering the second foundation lecture of the Elizade University, Ilara-Mokin, Ondo State.

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This was contained in a statement issued by his senior special assistant media and publicity, Laolu  Akande.

A lot of top politicians have called for the restructuring of the country but the vice president pointed out the best move is to diversify the economy.

“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.”

Osinbajo said the country was not making enough money from oil anymore and said every state has what it takes to sustain itself.

He disclosed that this year, the federal government would establish technology hubs across the country.

“Two super hubs in Abuja and Lagos and six regional hubs in the six geo-political zones. In partnership with several technology companies the hubs will be fully resourced with infrastructure and capacity building,” he said.

He disclosed that 100,000 software developers, hardware service professionals, animators, graphic artists, building services professionals, artisans and others would soon be trained by the government.

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“50 of the most innovative technology start-ups will soon be invited to the Presidential Villa to meet with major technology and innovation companies as well as collaborate with the federal government. The closest position to that of the confidential secretary now is an executive assistant who is expected to have strong technology skills.”

He said the provision for technology and innovation in the 2016 budget showed that the government was concerned about technological development.

Meanwhile, former vice president Atiku Abubakar said Nigeria, as it is currently constituted, is failing and greater autonomy needs to be granted to the states.

Mr Atiku made his comments while speaking at the official launch of ‘We Are All Biafrans’, a new book by journalist and scholar Chido Onumah, in Abuja.

Source: Legit

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