Vice President Yemi Osinbajo
Osinbajo Vice President Yemi Osinbajo has said that the problem of extreme poverty in Nigeria keeps him up at night.
Osinbajo disclosed this at a dinner and interactive session with Faculty Members, Harvard Business School on Tuesday in Lagos.
Osinbajo featured alongside Srikant Datar, Professor of Business Administration, and Bayo Ogunlesi, a Nigerian investment banker at a question-and-answer session moderated by Hakeem Bello-Osagie, Chairman of Metis Capital Partners.
“I think what keeps me up at night has to do with extreme poverty. The issue is that the largest number of those who voted for us are very poor.
“The promise that government makes to them is that their lives will be better and obviously they are looking at their lives being better in the shortest possible time.
“I will like to see Nigeria being an industrialised nation in the next 10 years; a very strong middle class and most people living above the poverty line.’’
Osinbajo said that a lot of government policies were taking into account people at the bottom of the pyramid with a focus on agriculture and getting credit facilities to farmers in order to achieve self-sufficiency.
(NAN)
It Is Deliberate Propaganda – VP Osinbajo Dismisses Fake News Of Purported Resignation Date February 22, 2019 In relation to Featured ESP CASH TRANSFER SCHEME: LIFTING 20 MILLION NIGERIANS OUT OF POVERTY IN NEXT 2 YEARS NOW WITHIN REACH, SAYS OSINBAJO Date January 20, 2021 In relation to In The News We Will Take More Nigerians Out Of Poverty, VP Osinbajo Says At NEC’s Human Capital Development Meeting The Federal Government will continue to drive initiatives to get more Nigerians out of poverty and also improve the country’s Human Capital Development indices, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo said this during a meeting of the National Economic Council’s Human Capital Development Core Working Group on Wednesday at the Presidential Villa, Abuja. NEC, which comprises of all state governors and federal officials, is chaired by the Vice President. The meeting covered a presentation on Prioritizing and Improving the Human Capital Development base in Nigeria. The Vice President said government was committed to driving initiatives to accelerate human capital development in the country, because “lifting our people out of poverty is a crucial agenda towards attaining intended developmental outcomes.” He said, “Poverty as we know is both a cause and consequence of some of what we are looking at in our human capital development deficit. Really, I think we need to focus a lot more on some of the more creative ways of getting our people out of poverty. And of course, we have some social investment programmes, we are looking at some of the examples of what India did, some have been tried and tested in such huge populations. “I think there is a need for us to sensitize our people to why it is that we need to get a large segment of our people out of poverty. Recently, we’ve been launching the TraderMoni scheme, which is basically giving credits to petty traders across the country in the markets and all that. “We must do even more in terms of giving credits and whatever assistance and support to people, obviously the more money people have, the better it is for them, so they can apply their little resources to some of what we are expected to do to improve human capital development.” Prof. Osinbajo also highlighted the importance of improving data collection at all levels so as to ensure effective tracking of Human Capital Development outcome areas in the states. Speaking further, the Vice President said NEC would ensure there is high-level representation across the states, specially focused on human capital development. The meeting was attended by Kaduna State Governor, Nasir el-Rufai, the Minister of Health, Prof. Isaac Adewole; Minister of Finance, Zainab Ahmed; Minister of Labour and Employment, Dr. Chris Ngige; and the Minister of Budget and National Planning, Senator Udoma Udo Udoma, Aliko Dangote of the Dangote Foundation, and other senior government officials. Representatives from development partners such as the World Bank, DFID and the Bill and Melinda Gates Foundation, also attended the meeting and commended the Federal Government for its efforts in accelerating the country’s human capital development indices. Reiterating the Buhari administration’s commitment to ensure it improves Nigeria’s human capital development indices, the Vice President thanked the steering committee and development partners for the “very great support and hard work that you put into all of this.” Speaking during the presentation, the Senior Technical Adviser on NEC/Policy, Ms. Yosola Akinbi, noted that the Steering Committee’s Human Capital Development plan is focused on three areas – health and nutrition, education and Labour force participation. “The Core Working Group is creating a strategy to accelerate Human Capital Development and drive implementation at state level,” she said. Date October 4, 2018 In relation to Featured
