…Nigeria is not working  – Arthur Mbanefo

Fola Adeola, foremost banker and former Managing Director/CEO of GT Bank has declared that that there are obvious issues with limiting policy to a GDP conversation in Nigeria. He made the assertion at the Vanguard Economic Discourse penultimate Thursday.

Vanguard Economic Discourse —From left: Dr. Peter Ozo-Eson, General Secretary, NLC; Mr. Ifie Sekibo, MD, Heritage Bank Limited; Mr. Muda Yusuf, DG, Lagos Chamber of Commerce and Industry; Mr. Fola Adeola, Founder/Chairman, FATE Foundation & Keynote Speaker; Dr. Shamsuddeen Usman, former Minister, National Planning; Dr. Doyin Salami, Economist, LBS and Mr. Gbenga Adefaye, GM/Editor-in-Chief, Vanguard Newspapers, during the Vanguard Economic Discourse with the topic ‘Human Development Index Vs Economic Growth; Nigeria’s Policy Options, held in Lagos, yesterday. Photo: Joe Akintola, Photo Editor.

Similarly,  Nigeria’s eminent diplomat, Sir Arthur Mbanefo, has said that Nigeria is not working and he gave his reasons.  He spoke in a keymote speech as Chairman, Vanguardx Personality Awards wich held on Friday, January 18, 2019.

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Adeola highlighted the following issues:

  • A clamour for the human development index (HDI) as a policy barometer has increasingly found voice.
  • A more granular, more responsive approach to policy formulation is required for Nigeria
  • We are a bastion of penury, as evidenced by the living standards of our people
  • Any national agenda that does not address, or at least consider the breadth of our afflictions is, by definition, inadequate and unworthy

According to Sir Mbanefo, no nation succeeds without addressing the following:

Our political economy is hardly working; our education system is obviously not meeting its objectives

The rest of the world has called us corrupt

2019 budget will stimulate economic growth – Sen. Adeola

We lack the basic quality of integrity; inability to speak the truth always

The question is: what are we doing about it?

Details would be published tomorrow in our Monday, February, 04, 2019, edition.

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