I Shall Solve Nigeria’s Debt, Economic Challenges, Anyim Pius Pledges
By Newslounge
Ahead of presidential election, an aspirant, Anyim Pius Anyim, has restated his commitment to solving the nation’s debt and economic challenges by adopting several measures, if elected as President Muhammadu Buhari’s successor.
The former Secretary to the Government of Nigeria pledged to take critical decisions towards repositioning the country’s economy and creating massive employment opportunities.
Among the measures as outlined by Sen. Anyim include aggressive pursuit of industrialisation, manufacturing, talents and innovation, science and technology.
Anyim, a former senate president, said that by adopting the measures and assembling world-class cabinet members, his administration would succeed in rejigging the country’s economy to become self-sufficient and debt-free.
According to him, “for me, the drivers of the economy will now be on industrialisation and manufacturing, talents and innovation, science and technology.
“This certainly is going to be the key drivers of the economy of the second half of the 21st century and I will develop this, build on this and prepare Nigeria to fit into the fourth industrial revolution.
“That obviously will expand the economy; that will make the economy more competitive and more dynamic. I will also focus on the enablers of development. the factors, the circumstances and the situations that promote prosperity and development,” the presidential hopeful said this during a live interview on national TV on Monday.
Furthermore, Anyim noted that while he understand the country’s debt burden among other economic challenges being faced by Nigeria, he was prepared for the job and would take no time in turning the nation’s economic fortune around.
“I understand that last year, the nation earned about N5.5trn as revenue and out the N5.5trn, N4.2trn went into debt servicing and debt repayment, leaving just N1.3trn to run the country. I also want to believe as a matter of rule that you are not allowed to borrow more than 40 per cent of your GDP and our borrowing rate now is at 36.9 per cent.
“I think that will make it more frightening for anybody coming in. But I can tell you that even at that, that does not scare me. The challenges are temporary and the challenges are that of leadership. If I am to focus on the economy as I did say before, I will focus the economy on the contemporary world direction- manufacturing, talent and innovation, science and technology.”
According to him, if you elevate talent and innovation, then all you need to do is simply create the infrastructure for innovation and support new startup business, then just concentrate on what will create jobs on its own.
“Support the younger ones in setting up their own businesses in such a manner that they don’t need to wait for government employment and once they create their own businesses, they will be in the position to employ others. The advantage of private sector employment is that it is, more efficient, it is more rewarding in terms of payment of salaries and it is more productive.
“So, I will focus on those things that will create an economic environment that will encourage talented Nigerians to deploy their talents and eventually focus on innovation that will fit into the fourth industrial revolution that is already here with us.
“I want to believe that will help get us out of the issue of borrowing to pay salaries, borrowing to pay the recurrent expenditure. I want to believe that my economic direction will actually shift from where we are today, to a new direction of the world economy.”
source: The Guild
292532 61853Thank you, Ive just been looking for info about this subject for a although and yours could be the greatest Ive discovered till now. But, what in regards to the conclusion? Are you positive concerning the supply? 231727
606623 7293Some genuinely good information , Gladiola I observed this. 768407
392220 218418Hiya! awesome weblog! I happen to be a daily visitor to your website (somewhat far more like addict ) of this internet site. Just wanted to say I appreciate your blogs and am seeking forward for much more to come! 161668
164976 317634Sewing Machines […]any time to read or go to the content material or maybe internet websites we definitely have associated with[…] 696761
471611 601098Hello there! I could have sworn Ive been to this weblog before but following reading by means of some with the post I realized it is new to me. Anyhow, Im surely pleased I located it and Ill be book-marking and checking back regularly! 561764
399621 980085Hello, Neat post. There is an concern along with your site in internet explorer, could test thisK IE nonetheless may be the marketplace leader and a huge portion of other folks will miss your magnificent writing because of this difficulty. 674797
807394 940399You know, many people are hunting around for this information, you could help them greatly. 734041
129523 380753Spot lets start function on this write-up, I truly believe this fabulous web site needs a terrific deal more consideration. Ill apt to be once again to learn far a lot more, appreciate your that info. 356162
893151 476425Yay google is my king helped me to discover this outstanding internet site! . 958352
91456 628591There is noticeably big cash to understand about this. I suppose you made certain nice points in features also. 570603
146879 795428Keep up the wonderful piece of work, I read couple of posts on this internet site and I believe that your internet weblog is genuinely interesting and contains lots of superb information. 684943
290093 512397Hello, Neat post. There is an concern along along with your web site in internet explorer, could test thisK IE nonetheless could be the marketplace leader and a huge portion of other folks will miss your magnificent writing because of this difficulty. 892166
678835 184995Spot on with this write-up, I truly assume this website wants significantly more consideration. probably be once more to read significantly more, thanks for that info. 757529
762120 597533There is clearly a whole lot to know about this. I think you made various good points in functions also. 755183
562336 165010I truly prize your piece of function, Excellent post. 121687
509068 360468I as nicely conceive so , perfectly indited post! . 78854
642671 213776building websites is not only fun, but it can also produce an income for yourself;; 184459
818030 429781wonderful issues altogether, you just won a logo new reader. 796433
659061 808837If I should say something, then absolutely nothing will stop the chatter within 710097
333694 342705I notice there is definitely lots of spam on this blog. Do you want support cleaning them up? I may possibly aid between courses! 564384
600889 801546Bookmarked. Kindly also talk over with my website. 580533
610916 593330Certainly value bookmarking for revisiting. I surprise how so much attempt you put to make such a magnificent informative website. 172595
… [Trackback]
[…] Find More on on that Topic: famousreporters.com/i-shall-solve-nigerias-debt-economic-challenges-anyim-pius-pledges/ […]
406559 373139You would endure heaps of different advised organized excursions with various chauffeur driven car experts. Some sort of cope previous features and a normally requires a to obtain travel within expense centre, and even checking out the upstate New York. ??????? 509427
748612 653776Hello! Someone in my Facebook group shared this web site with us so I came to look it over. Im undoubtedly enjoying the info. Im book-marking and will probably be tweeting this to my followers! Outstanding blog and superb style and style. 120121
123503 291725We guarantee authentic brands avoiding inferior commercial imitations, or even dangerous counterfeits. 649745
573881 514793hi this post support me full . .in the event you want watches men visit my sites is quite support you for men watches. .thank man good job. 520829