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Nigeria And Nigerians Will Come Out Of COVID-19 Pandemic Stronger - Osinbanjo - Business - Nairaland

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Nigeria And Nigerians Will Come Out Of COVID-19 Pandemic Stronger - Osinbanjo by Read1nular(m): 3:04pm On May 03, 2020
“We will get through this much stronger economically and much stronger as a people because of our resilience. There are a lot of challenges but they offer significant opportunities for us to turn things around.”

Those were the words of assurance from Vice President Yemi Osinbajo, SAN, to Nigerians during his interaction today at the 2020 edition of ‘The Platform’ themed “Nigeria’s battle against COVID-19”.

According to him. “I am very confident that Nigerians, with our resilience, our strength and our innovation, we will go through this in great shape.”

The Platform is an annual discussion programme of the Covenant Christian Centre that features discussions around the state of the Nigerian nation and its development. The May 2020 edition featured virtual participants without a life audience as a result of the global pandemic.

The Vice President then laid out some of the Federal Government’s efforts to address the economic fallouts of the COVID-19 pandemic.

Speaking specifically about how the country can transform the challenges caused by the pandemic into opportunities for economic diversification and job creation, the Vice President said prioritizing use of local resources and creating local jobs in the construction and allied industry, amongst other things, will be critical in sustaining the economy in the post COVID-19 era.

He said: “We have to prioritize the use of local resources in all public works. In road construction for instance, it is cheaper to build concrete roads using limestone than spending resources on the importation of bitumen. We have limestone in abundance hence we should be looking in that direction. The road from the Apapa port to the Lagos –Ibadan expressway is being built with cement and is of high quality.

“In the housing sector where we have a huge deficit, we need to focus on using local resources to build houses and in the process we will be creating opportunities for young engineers, architects and builders etc.”

In the area of agriculture, the Vice President said government’s initial policies have saved the country from the huge forex burden of food imports and related activities.

“We think that by ramping up agriculture, especially small holder agriculture and improving the value chain, especially in storage and processing facilities, more jobs will be created for many young people.

“We have found ourselves in a situation where we realize that the way to go is to support the creation of the jobs in agriculture and reduce food imports and ultimately address the issue of unemployment and food shortages.

“What we must do as much as we can is to change the narrative about Nigeria and provide more jobs.”

Still on mitigating the fallouts of the COVID-19 pandemic such as inflation, the Vice President said government would focus on improving productivity and improving food stock across the country.

According to him, “if you can ramp up food production and the logistics of bringing food to the urban centres, inflation will be controlled to a large extent.”

He added that boosting agricultural production for export purposes and supporting the mining sector will bolster the country’s foreign exchange earnings and reserves.



Source;
https://www.nta.ng/news/economy1/20200502-nigeria-and-ngerians-will-come-out-of-covid-19-pandemic-stronger-osinbajo/amp/#click=https:///vLrnSg76mX

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Re: Nigeria And Nigerians Will Come Out Of COVID-19 Pandemic Stronger - Osinbanjo by okefrancis: 3:08pm On May 03, 2020
Definitely yes with the effort of Buhari/Osinbajo..We will revive the Nigeria and Nigerians will be okay
Re: Nigeria And Nigerians Will Come Out Of COVID-19 Pandemic Stronger - Osinbanjo by maybanks: 3:09pm On May 03, 2020
It was an explosive interview with the VIce President and trust h he will never disappoint

1 Like

Re: Nigeria And Nigerians Will Come Out Of COVID-19 Pandemic Stronger - Osinbanjo by Enoch07: 3:11pm On May 03, 2020
my v.p has surfaced
Re: Nigeria And Nigerians Will Come Out Of COVID-19 Pandemic Stronger - Osinbanjo by Joylove2324(f): 3:15pm On May 03, 2020
Watching Osinbajo live yesterday really gave alot of Nigerians hope, this too shall pass by his grace

Re: Nigeria And Nigerians Will Come Out Of COVID-19 Pandemic Stronger - Osinbanjo by Joyce95: 3:15pm On May 03, 2020
With the strength of God and Buhari/Osinbajo we will surely prevail

1 Like

Re: Nigeria And Nigerians Will Come Out Of COVID-19 Pandemic Stronger - Osinbanjo by Mcphamous(m): 3:42pm On May 03, 2020
We will surely overcome this pandemic situation and our country will rejoice very soon
Re: Nigeria And Nigerians Will Come Out Of COVID-19 Pandemic Stronger - Osinbanjo by ejighikemeuwa: 3:49pm On May 03, 2020
We thank God for hearing from the vice president, why wouldn't him start giving orders instead of Mustapha
Re: Nigeria And Nigerians Will Come Out Of COVID-19 Pandemic Stronger - Osinbanjo by ejighikemeuwa: 3:53pm On May 03, 2020
I am happy to hear from the vice president, why will he not start giving orders than Mustapha

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