Economic recovery: Senate calls for holistic approach

follow and like on:
X (Twitter)
Visit Us
Follow Me
YouTube
Instagram
Telegram

By Fortune Abang

The Leader of the Senate, Sen. Opeyemi Bamidele, has called for a holistic approach to ensure speedy recovery of Nigeria’s economy and sustainable development.

Opeyemi made the call at theย Pre-Canada Conference on the themeย “Reviving Nigeria’s Economy for Sustainable Development; The Role of Critical Stakeholders” in Abuja.

The senate leader was represented byย Shadรฉ Adepeju-Joseph, Senior Legislative Aide and the Director of the Directorate of Diaspora and International Affairs to the Leader of the Senate.

The Conferenceย was organised by the International Society of Diplomats (ISD), in collaboration with Directorate of Diaspora and International Affairs, Office of the Senate Leader.

“It is a matter of urgency as we gather to address issues of paramount importance, towards the revival of Nigeriaโ€™s economy for sustainable development.

“Our nation endowed with abundant resources and a resilient spirit stands at critical junction in its history.ย The challenges facing Nigeriaโ€™s economy are still being discovered.

“We have gathered issues ranging from fluctuation of oil prices, to inadequate infrastructure, unemployment, lack of access to quality education and healthcare.

“However, it is in the face of adversity that the true strength of a nation lies,ย we acknowledge these challenges and collectively chart cause towards sustainable development,โ€ the leader said.

Speaking, Sen. Anthony Yaro, Vice-Chairman, Senate Committee on Diaspora and NGOs Affairs, urged Legislators to play statutory roles to achieve the desired goals.

Yaro who presented a lecture on โ€œLegislative Intervention for Economic Recoveryโ€ said legislators were saddled with the statutory responsibility to deliver democratic gains to the people.

โ€œWe are being paid salaries for that, so it is our job. It continues and more than just intervening.ย Legislators are meant for policy making and no economy runs without policies.

โ€œSo, that is the importance of this arm of government. In this country policies have been made but political will to implement such has been a matter of concern.

โ€œWe are fortunate to have President Bola Tinubu as our president because he has the political will to implement, so we are good to go, we assure you that this economy will be revived,โ€ Yaro said.

Also Mallam Isa Yuguda, a formerย governor of Bauchi, formerย Minister of State for Transport and former Minister of Aviation, commended Tinubuโ€™s governance approach to have marked deviation from past administration.

According to him, though Nigeria faced difficult times given what is inherited, such can be challenging for the president and the team that are to resolve the problem.

โ€œThe problems are so monumental, but I think we have a God-chosen president, I believe he is in a better position to address the challenges.

โ€œGiven his antecedents and pedigree, we can see what came-out of Lagos when he was Governor and from the team he has assembled, you can be encouraged,โ€ he said.

Theย Brazilian Ambassador to Nigeria, Mr Joao Soares, on his part describedย Africa and Nigeria as places with potential for future economic development.

โ€œThere is thus a huge gravitational force that pulls us to the North like my state, Europe, US, China, but Nigeria like in Brazil, we think there are many opportunities.

โ€œIf we just find the right tools and right opportunities to develop and strengthen our relationships specifically, with African countries and Nigeria,โ€ he said.

In his remarks, Dr Tunji Asaolu, Deputy Secretary-General, African Affairs of ISD, said the event had become important to foster diolgue on global best practices and to revive Nigeria economy.

โ€œNigeria is not only the economic powerhouse of Africa but also a key player in the global arena. The potential for growth and development within our borders is immense.

โ€œIt is essential we harness the power ofย collaboration and strategic partnerships to drive economic prosperityย hence, necessitating why we are all here today,โ€ Asaolu said.

He revealed plans by ISD to host itsย global investment and diplomacy summit in April 2024 in Canada, as a means to engage diplomats, government officials, business leaders and innovators to fully realise the set targets.

The highpoint of the event was presentation on the role of critical stakeholder by Dr Emeka Okengwu and Intervention on ISD Global summit by Prof. Eder Ekpeyong,

Others include, stimulating Africaโ€™s growth; maximising free-enterprise, economic opportunities in Nigeria by Dr Henry Emejuo and up scaling Nigeriaโ€™s economy through partnership, investment and industrial development by Aisha Arimi. (NAN) (www.nannews.com.ng)

========

Edited by Dorcas Jonah/Isaac Aregbesola

 

follow and like on:
X (Twitter)
Visit Us
Follow Me
YouTube
Instagram
Telegram
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments