Tuesday, April 21, 2015

Africa’s Richest Man Lists 3 Major Problems Nigeria’s President-Elect Should Tackle

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Africa’s wealthiest man, Alhaji Aliko Dangote, has listed three major problems facing Nigeria’s economy that the President-elect, Muhammadu Buhari needs to deal with.
Dangote is of the opinion that Buhari, once sworn in on May 29, as the President of the Federal Republic of Nigeria, should endeavour he makes this 3 his top priorities;

1. Eradication of unemployment
2. Increment of power supply
3. Getting rid of corrupton
Dangote, while speaking with This Day, assured the president-elect that the business community will be backing his administration, adding that with President Goodluck Jonathan conceding defeat, the confidence of investors all over the world has been boosted, and that the business community would wax stronger if the president-elect tackles some urgent needs of the economy.
Speaking on unemployment, Dangote said: “It is a great and pervasive problem in Nigeria. But the point must be made that it is not peculiarly a Nigerian problem. All over the world, there are growing issues of unemployment. And what we are saying is that the in-coming government can achieve a remarkable success in this regard if it declares an emergency on unemployment and tackle it decisively. You know the organised private sector will or should play a key role in this. And that is why we are concerned.”
He further lamented the extent of damage corruption has done to Nigerian economy, describing it as a “big cankerworm that has really eaten deep into the fabric of our nation.”
“The malaise of corruption is a threat to the survival of the Nigeria economy, no doubt. We must all therefore rise in unison to tackle the menace both in the public and private sector of the economy. The Buhari-led government can show a lot of strength on this issue by showing direction, by demonstrating commitment to ridding every sector of the economy of this malaise.
“I can tell you that a lot will change in Nigeria if this issue is tackled decisively,” Dangote said.

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