June 24, 2021

NEWS AGENCY OF NIGERIA

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Centre harps on individual productivity surge to grow Nigeria’s GDP

Farmers working on a farm

Farmers working on a farm

The Centre for Public Service Productivity (CeProd) has emphasised the need for Nigerians to upscale personal productivity, to propel the growth of the nation’s Gross Domestic Product (GDP).

 

By Ikenna Uwadileke

The Centre for Public Service Productivity (CeProd) has emphasised the need for Nigerians to upscale personal productivity, to propel the growth of the nation’s Gross Domestic Product (GDP).

The Director General of CeProd, Dr Chris Egbu, said this at the induction of ten new members as fellows of the centre, on Saturday, in Abuja.

Egbu pointed out that increased productivity allowed firms to produce greater output for the same level of input, earn higher revenues and ultimately generate higher GDP.

According to him, one of the most important drivers of increased real GDP growth in the long run was the growth in productivity.

He stressed that the country must take the necessary steps to move away from being unproductive to becoming a productive one.

“We should understand that we are an unproductive nation and that we need to be more productive. When we take it from there, people will begin to ask what can we do to become more productive.

“Instead of waiting for the end of the month to collect allocations, we will be asking in the states how do we create the allocations and how do we create money.

“But, what we have now is a situation where state governments wait and at the end of the month they come to Abuja and collect money.

“When they collect the money they go back and sleep, not recognising that they are unproductive as a state.

“This is the same with individuals, many people are working today and they only wait for the end of the month to collect salary without asking what to contribute to the organisation’s development and growth.

“There is need for people to subscribe to the tenets of productivity; they practice it in their individual lives and extend same to their organisations.

“And as more people subscribe to the tenets of increased productivity, it will rub off on the nation,’’ Egbu said.

He further stressed the need for Nigerians to identify and leverage on their key performance indicators in efforts to scale up personal productivity.

“When you know your key performance indicators, you know what to work on, but if you don’t know it you can be working on the wrong things.

“In the long run, GDP is made up of the total output of a nation divided by the population. Therefore, if individuals increase their performance by 30 per cent the country’s GDP would have been increased by 30 per cent,’’ Egbu said.

Speaking on behalf of the new inductees, Mr Chibuike Kafor, said that the gains of productivity growth were crucial in ensuring higher GDP growth

“This implies developing oneself to go and develop his environment.

“More so, as you grow in an organisation, you find out that you are in a position that people look at you to find solutions.

“We have come to acquire skills that will make us give solutions to our organisations. We will be successful by being more productive,’’ Kafor said.

The News Agency of Nigeria (NAN) reports that part of the training will cover how to improve on personal productivity, organisational production, how to measure productivity, and the ability to identify key performance indicators.

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