Former president Olusegun Obasanjo has urged state government to become pragmatic and intentional in their approach to economic expansion, prioritising partnership with valuable stakeholders over dependence of federal allocation.
Speaking at the Bauchi state economic and investment summit, Obasanjo submitted that each state can focus on a sector and invest heavily in infrastructures, partnerships and other necessary areas in order to become a major player in such sector.
The former president also stated that Nigeria and Africa has all that is required to thrive, but government must put policies in place to encourage investors and safe guard investment to ensure the economy is self sufficient and self sustaining.
In his speech, the vice president Kashim Shettima hailed the gains achieved in national economy, but noted that stability is improtatnt to ensure that the odrindary Nigerian benefits from the positive growth of the economy.
The vice president further assured that the diversification drive of the federal government will expand the countries revenue base and create sufficient avenues for interested investors to partner with the country.
