The
National leader of the All Progressives Congress, Asiwaju Bola Tinubu,
who spoke at a colloquium held in his honour for his 65th birthday, has
made some suggestions for President Muhammadu Buhari.
Tinubu & Buhari
While speaking at the 9th colloquium held in his honour at the Eko
Hotel and Suites, Victoria Island, Lagos on Tuesday, the national leader
of the All Progressives Congress (APC), Asiwaju Bola Tinubu, identified
four things that the country must do to achieve economic revival.
According to the former Lagos state governor, who spoke at the
event to mark his 65th birthday, the country must embrace
diversification and industrial policy, it must invest in infrastructure
and improve on power supply, the Central Bank of Nigeria must lower the
interest rates to encourage investors and the government must embark on
agricultural reforms.
At the 9th Asiwaju Bola Ahmed Tinubu Colloquium with theme, “Make it in Nigeria: Use what we make, make what we use,” Tinubu who spoke in a speech titled, “Nigeria: Meeting current challenges,” said
it was time that Nigeria changed its economic model as it was obvious
that the old model, where the country relied solely on revenue from
crude oil export, had crashed right before our eyes.
He said it was good that the President Muhammadu Buhari’s
government had realised this and had begun the painful process of
salvaging the nation’s economy by embarking on diversification.
He, however, advised the Federal Government to team up with the
private sector players in its quest to diversify the economy, adding
that the country must borrow a leaf from the experiences of countries
such as England, America and China, which had today become self-reliant
by taking tough decisions.
“We must learn from England, which barred the migration of its
master craftsmen and the export of textile looms at the dawn of the
Industrial Revolution; to America and high tariffs it imposed on foreign
manufactured goods for over 150 years from its independence until after
the World War 2; to China which implemented a most radical and
comprehensive protectionist regime to become the world’s most prolific
manufacturing nation,” Tinubu said.
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