Bill Gate advised federal government to channel its investment in people
March 24, 2018
Bill Gate advised federal government to channel its investment in people. Bill gate has conveyed his concern to the federal government of Nigeria to consider investing in its people alongside the infrastructural scheme. He stressed the importance of health and education as a veritable tool of development to any Nation of the world while addressing the NEC
The advise was conveyed while addressing the stakeholders at the special session of the National Economic Council (NEC) meeting presided by vice President Yemi Osinbanjoin in Presidential Villa, Abuja.
According to him “the ERGP, which must reflect the people’s needs, should also give priority to human capital, along with physical capital development.”
“People without roads, ports and factories can’t flourish. And roads, ports and factories without skilled workers to build and manage them can’t sustain an economy,” Gates said.
The government should not continue to spend on infrastructures without investing in the people as that cannot make any difference, rather will keep producing same negative result, you cannot expect economic growth this way rather the population will keep soaring without the populace feeling any impact from the government and further deplete the GDP.
Bill Gate’s foundation has so far committed over $1.6 billion in Nigeria and is willing to invest further with an aim to make the country a global economic hub that all citizens can gain from.
Also read: Nigeria Economic Growth Outlook Positive
The funds according to the wealthy Gate are committed to improving issues of improved primary healthcare systems, agriculture, financial inclusion, routine immunization among others.
Nigeria is approaching the league of upper middle income status with the likes of Brazil, China, Mexico, there’s a need for its citizens to do well in maximizing the potentials of the country.
He however bemoaned Nigeria is one of the most dangerous places in the world to give birth, with a high maternal mortality rate which condition only fairs ahead of Sierra Leon. Thus labelled Nigeria fourth worst maternal mortality rate area
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