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Professor Osinbajo told captains of industry and economists at the Nigerian Economic Summit in Abuja on Tuesday that while insecurity is a big distraction that must be tackled with grassroots education and job creation for the majority of the youths, social investment and intervention must be given to the population of the poor in the country.
“There is no way it can work, that you would have the number of the poor that we have and you would not do some kind of social protection.
“On the average, under a million people in this country die every year from poverty related ailment. What type of social interventions can we really do and are affordable”, Prof. Osinbajo questioned.
Economics experts expressed concern over Nigeria’s persistent economic downturn to the effect that small African countries such as Uganda with only 41 million population, rank higher than Nigeria in the global competitiveness index.
They said that Nigeria has reached a point where it must make tough choices that would achieve competitiveness, inclusive growth and sustainability.
The Nigerian Economic Summit is the first in President Muhammadu Buhari’s administration. It is also the first summit to have an all-inclusive agenda which focused on how to achieve competitiveness and inclusive growth in a sustainable way, in a non-oil economy.
The Chairman of Nigerian Economic Summit, Mr Kyari Bukar, said that the continued down-turn evident on different global indexes, is serious cause for worry, necessitating an urgent boost in economic competitiveness.
Of the policy options open to Nigeria, the optimistic scenario was said to be most in line with the agenda of the present administration which experts said required strong collaboration and determination to work.
The post Osinbajo Talks Social Intervention At Economic Summit appeared first on Channels Television.
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Source : http://www.coolnsmart.com/wise_quotes/
YOU CAN SKIP THIS PART(short joke)...
A young couple moved into a new neighbourhood. The next morning while eating breakfast, the young woman saw her neighbour through the window hanging the wash outside.
"That laundry is not clean," she said. "She doesn't know how to wash correctly. Perhaps she needs better laundry soap".
Her husband looked on, but remained silent. Every time the neighbour would hang laundry to dry, the young woman would make the same
comments.
About one month later, the woman was surprised to see nice clean wash on the line and said to her husband: "Look, she has learnt how to wash correctly. I wonder who taught her this!"
The husband replied: "I got up early this morning and cleaned our windows."
And so it is with life.
What we see when watching others depends on the purity of the window through which we look.
Easy to discuss other people, their lives and things that don't really concern us.
Yet we tend to forget- our window isn't that clean after all.
Clean up your window with the WORD! (THE TRUTH.)
LORD, please give us the strength, humility and courage that we may work on our faults first rather than seeing the faults in Others and castigating them.
Have a beautiful Week !
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