Government, youth, private sector partnership will revive economy, says Osinbajo.


Vice President Yemi Osinbajo has declared that a combination of the country’s youth energy, private sector and the government will bring about the desired progress in the economy, despite the challenges besetting it.

Osinbajo spoke on Tuesday at the closing of the 27th Nigerian Economic Summit in Abuja (NES27) themed ‘Securing Our Future, the Fierce Urgency of Now.’

The VP, who commended the strong will of the average Nigerian, said: “There is a will to do things, there is energy, resilience, resourcefulness. My take is that this country is one that is waiting to happen and it will happen. It will take all of our resources and effort to make it happen.

“We must focus on what this country offers in terms of the resources that we have; human, natural and everything. This country, with all we have, can simply not fail. It is only a matter of getting things right and moving a few things around, and we will be well on the way to the kind of progress that we ought to experience as a country.”

He explained that despite the limitations caused by the Coronavirus Disease (COVID-19) among other challenges, government was working hard to address defects in the system, noting that recent results were indicative of recovery across different sectors of the economy.

“I believe very strongly that all the great ideas that we have, the young people waiting to unleash their energy and resourcefulness on the world, we are just waiting to happen.”

“I believe very strongly that this country affords us the opportunity and the space to be able to achieve great things. We should keep our focus,” the professor added.

Noting that the President Muhammadu Buhari administration was ramping up efforts in different sectors to improve development and the economy, he urged state governments to do more, especially in the area of education.