How We’re Developing Nigeria’s Economy – Jonathan

President Goodluck Jonathan yesterday gave an assurance that the federal government is doing much to transform the economy of the nation through the various initiatives it is undertaking.

Speaking at the second edition of the South South economic summit in Asaba, Jonathan assured that Nigerian economy can grow to be among the best in the world.

Represented by Vice President Namadi Sambo, the president expressed happiness with the efforts made by the current governors in the South South region to contribute to the development of their region and the country.

Present at the occasion apart from the Vice president and the representative of the Rwandan president include national security adviser, Gen. Andrew Azazi (rtd); Chief Edwin Clarke, former economic adviser, Chief Philip Asiodu; all the six governors of the South South states and many others.

He said for Nigeria to transform its economy, it must first address the factors militating against its growth and the federal government has done much in that regard. He said some of the major factors include inadequate transporation system, lack of power, reliance on oil and current security challenges.

The president said on the issue of road, the Niger Delta ministry is working hard to complete the East West road and has also gone ahead to develop several skills acquisition centers under the national youth development power programme to empower the youths.

On power, he said the power plant in Sapele is already producing as well as the plants in Edo and Bayelsa states which he said are almost completed.

The president said the federal government is constructing thousands of kilometers of transmission and distribution networks as well as gas pipelines to assist in the supply of gas and general industrial development of the nation.

Jonathan said only last Wednesday the federal government approved the procurement of 400 million dollars for the development of gas while it is committed to the building of an oil and gas university in the Niger Delta region.

Professor Wole Soyinka in his presentation vowed not to speak on the issue of sovereign national conference again as he said the issue has been around for some time but some have deliberately refused to understand it.

He said his position on the way out for Nigeria is for decentralization of government, where the states and regions shall have more control over their affairs and economy.

Leave a Reply