COVID-19: Development expert tasks govt on knowledge based policies to sustain economy (Video)




https://www.youtube.com/watch?v=ta3rLNWEcd4


A development expert, Michael Ale has advised Nigerian government on need to adopt knowledge based policies to address the aftermate effects of COVID-19 on the nation's economy.

Ale while speaking recently on an NTA program, Weekend Deal, he said in order to enhance a sustainable development in the country, the government must understand the concept of industrialization to make appropriate policies.

According to him, government's policies revolves around indept aspect of leadership saying: "talking about industrialization, we look at first, second and third industrial revolutions and we are now in the fourth industrial revolution, which has to do with the technology and drives sustaining development.

Speaking on how Nigeria can attain 2030 economic goal, Ale who is also the National president of the Association of Water Well Drilling Rig Owners Practitioners (AWDROP) in the country said the government need to consider knowledge based policies to attain the economic goal.

He said: "We need to consider academics in attaining goal 2030. The problem is, we are still at first industrial revolution stage in Nigeria. Now, we made use of oil and gas as maystay of the economy and we forgot farming which was our basics of our economy.

"Now, we are in COVID-19 pandemic period which is bringing revolution of adopting robots in our industries. In developed countries, businessmen sponsor academic researches to solve industrial problems especially in situations like this pandemic period and that's where relevance of academics lies.

"Therefore, government must look inward and revolve its policies around evolving challenges to maximize opportunities. It is therefore time that we must drive knowledge based economy and make it a template for all businesses to thrive", Ale said.