The United States government has said that Nigeria needs urgent economic rejuvenation that will outstrip its population. According to the US government, Nigeria must accelerate its economic growth opportunities not only for its population, but also for the fact that the country helps other African countries.
The US Ambassador to Nigeria, W. Stuart Symington, made this comment yesterday while speaking at a two-day workshop on election reporting organized by the US Embassy for political reporters in Abuja. The envoy insisted that if Nigerians collectively stand for economic growth, the country will develop. He, however, lamented that half of the nation’s GDP is from oil and Customs revenue, which are sometimes embezzled by public office holders.
According to him, for Nigerian youths to get the maximum benefit of Nigeria as the fastest growing economy in the world, there must be economic restructuring. “It’s not all about you,” Symington said, referring to the economic rejuvenation he prescribed for Nigeria, adding that “it will be for the good of the African continent”.
He noted that “Nigeria must grow its economic opportunities faster than the population,” even as he pointed out that as a country that has been helping other nations, Nigeria’s economic acceleration will help Africa.
“So, it’s not all about you alone. It’s about Africa. When democracy is threatened in any part of Africa, Nigeria always sends help. You are not only thinking about your ship, but you are thinking about the citizens of the world”, Symington said of Nigeria.
Read more at: https://leadership.ng/2018/11/14/nigeria-needs-economic-rejuvenation-us-govt/
