Vice President, Yemi Osinbajo,
yesterday responded to call made by billionaire Bill Gates, asking the Federal
Government to resolve challenges surrounding human capital development.
According to Osinbajo, investing
in people was a primary aspect of the current administration’s Economic
Recovery Growth Plan.
He said this shortly after
listening to Gates speak at the Expanded National Economic Council on
Investment in Human Capital in Abuja.
Speaking further, Osinbajo noted
the government was aware that people were critical to driving the economy which
was why the administration was currently doing everything possible to improve
the basic infrastructural elements that enhance proper human life.
“Nigeria has strong economic
growth and development ambitions encapsulated in our economic Recovery and
growth plan which we launched in 2017.
“All of those lofty ambitions can
only be achieved through the determined application of human skill and effort
and for that effort to be meaningful and productive, it has to come from people
who are healthy, educated and who empowered.
“It is this realisation that has
helped us to ensure that one of the primary planks of our economic recovery and
growth plan is ‘investing in people’; and it is for this reason that we are
expanding the reach and quality of our health care through the National Health
Insurance Scheme and working to guarantee basic education for all persons
whilst also upgrading and modernising the quality of secondary and
post-secondary education.”
“We are engaged fully as a
government in particular and as governments in the various states to ensure
that we are able to address some of these concerns.
“Let me reiterate that not only
are we aware of the issues that you’ve outlined and many that have already been
spoken of, but we are prepared to take on those challenges head-on and indeed
we have no choice because the problem literally grows every day.
“Our population happens to be the
largest in Africa and one of the largest in the world and in the next two
decades, some say we will be the 3rd or 4th,” he said.
Recall that Gates, in his
address, highlighted the importance of the human factor in national development
and advised the government to take more practical steps in that regard.
“The Nigerian government’s
Economic Recovery and Growth Plan identifies investing in our people as one of
three strategic executives but the execution priorities don’t fully reflect
people’s needs – prioritising physical capital over human capital,” Gates had
stated.
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Osinbajo, take the advice and caution and stop your mumbo jumbo.
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