He recently had this to say while speaking to the press, and Nigerians have been reacting.
According to him, the government is currently deploying efforts to build and strengthen resilience in key sectors which would strengthen Nigeria’s economic security.
He added that our need to drive job-intensive economic growth means that we have to enable investment in areas with high potential for job creation and reducing the demand for foreign exchange.
His words, “The recent COVID-19 Pandemic, and its attendant effects on crude oil prices, foreign exchange and investment inflows has shown that there is need to urgently reconsider and modify the thinking on investment led by comparative advantage only, in order to guarantee Nigeria’s economic security.”
“Our need to drive job-intensive economic growth means that we have to enable investment in areas with high potential for job creation and reducing the demand for foreign exchange. While it also serves as an opportunity to change the country narrative to become less vulnerable to incidents which was not created.”
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