Citizens’ ingenuity, key to Nigeria’s growth – Finance Ministers | The Guardian Nigeria News
Minister of Finance, Budget and National Planning, Zainab Ahmad, says that a country’s growth and development depend on the ingenuity of its citizens, especially the youth.
The minister announced this on Saturday in Kaduna at the fourth joint convocation of Kaduna State University.
The minister and four other personalities received honorary doctorates from the university.
Recipients included Mr. Mele Kyari, Group Managing Director, Nigeria National Petroleum Corporation, Minister of Police Affairs, Muhammad Maigari-Dingyadi Dr. Be Fademi-Oladepo and Suleman Dauda-Umar.
Speaking on behalf of the recipients, Ahmad noted that the federal government has launched programs to encourage the creativity of Nigerians, especially youth.
“We understand that the growth and development of any country depends on the ingenuity of its citizens, especially young people.
“Our boys are becoming more and more innovative and creative in using technology to tackle local challenges.
“The federal government is establishing structures and programs to support and empower young people to use their energy, creativity and skills to boost the economy and support government efforts,” she added.
According to her, the government of President Muhammadu Buhari values the contributions of universities to youth development.
“I believe the work of institutions like Kaduna State University and other universities will support the country’s educational frontiers and help it flourish across Nigeria.”
She recognized the honor the university had shown them and pledged to work for their growth and development.
The finance minister also spoke about the disruption to the country’s economy from COVID-19 and efforts to boost growth.
She said the federal government was working to make the Nigerian economy more inclusive, sustainable and resilient.
“To meet the economic challenges of the pandemic, the Nigerian federal government approved a Nigerian plan for economic sustainability in July 2020 worth 5.9 billion US dollars (23 trillion N).
“The plan, which costs about 1% of our GDP, should stimulate and diversify the economy, preserve and create jobs, and protect the poor.
“The stimulus plan includes investments in clean energy, agriculture and infrastructure.
In her opinion, the most notable piece of green spending is a $ 619 million pledge for the Solar Homes Systems Project.
She explained that the plan was created to help install solar home systems for up to five million households to serve about 25 million Nigerians who are currently not connected to the national grid.
In his remarks, Governor Nasir El-Rufai of Kaduna State said the state had allocated resources to develop the university according to global standards.
He stated that the government had developed a new permanent location for the institution, spent N5 billion on its ongoing expenses and N10 billion on investment projects in 2020.
“These investments are proof that the government is committed to improving the quality of learning in our universities.
“As institutions charged with developing a high-level workforce, our universities and other colleges themselves must be seen as role models of quality and excellence,” he added.