1st plan- Education and human capacity development- when you have education geared towards productivity, you can't go wrong. The problem with Nigeria as a country is we fail to see Education as a means to an end and many of us see it as an end in itself.
https://twitter.com/fkabudu/status/1332270584881958913
Education geared towards productivity will bring about specialization. In terms of human capacity development, there should be a plan to see that human resources is actually an export focus and it should cut across all sectors even the informal sectors.
Our concentration on the formal sector as regards capacity development isn't yielding more results, imagine if we had mechanics, tailors and plumbers who are well trained and can proffer solutions to problems in their field anywhere in the world?
2nd plan- economic policies that are measurable and subject to evaluation. At the heart of poverty eradication is policy formulation that ensure sectors are developed within a space of time. The first thing to do will be to look at areas in which Nigeria has comparative...
...comparative advantage without much capital input. One of the issues this administration has is their ability to note that budget is all about expenditure and income. Investing massively in agriculture when Nigeria doesn't have a comparative advantage in export trade...
...was a 'huge No'. Having an advantage in terms of agric trade means that certain infrastructure has to be put in place which are capital intensive- we certainly do not even have the knowledge and technical know how of providing those infrastructure and also maintaining it.
So what this means is, most of the funds we set aside for CAPEX because of agric, goes outside the country at a time our revenue from outside the country is dwindling. So we need to focus on comparative advantage as a means of getting better economic profit.
3rd plan- provision of grants, single digits loans and creation of industrial centres. I will also consider having youth colonies with the aim of allowing youths manifest their creative and innovative ideas without state restrictive measures.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
