Why Nigeria must shift focus from consumption to production – Osinbajo - TrendyNewsReporters Why Nigeria must shift focus from consumption to production – Osinbajo - TrendyNewsReporters
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Why Nigeria must shift focus from consumption to production – Osinbajo

by ebor cletus ralph jr

In order to accomplish the intended goals, Vice President Yemi Osinbajo advised Nigerians on Friday to change their attention from consumption to production.

In Awka, Anambra State, during a national innovation workshop sponsored by the Senate Committee on Science, Technology, and Innovation, Osinbajo noted that commercialization and innovation will help close the income gap in the nation.
The Vice President further stated that President Muhammadu Buhari’s administration would continue to encourage innovation in the nation while being represented at the event by Henry Ikoh, the Minister of State for Science.

Peter Obi, the presidential candidate for the Labour Party, has consistently pressed Nigeria to change its emphasis from consumption to production in order to compete with other nations across the world.

Osinbajo said: “As you are aware, the office of the vice president has been championing the adoption of innovative technology as a key tool to accelerating social economic development in Nigeria. The way to bridge the gap between the poor and the rich is by thinking out of the box, through innovation and commercialization of course.

“Nigeria will be great only when we begin to shift our emphasis from a consuming nation. We must rely on production and that is the only way to go.

“The positive outcome of this workshop will no doubt change the narrative from a dependant nation to a self-reliant country, and indeed promote innovation and social economic benefit. I wish to assure you all that the Federal Government will continue to make efforts to advance science, technology, and innovation.”

 

prelliotaglobalconcept

TV Presenter/ Content Writer

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