Monday 20 April 2015

Dangote list the three major problem Gen Muhammadu Buhari must tackle.

 Alhaji Aliko Dangote, Africa richest's man just  listed three major challenges facing Nigeria’s economy that the President-elect, Muhammadu Buhari needs to tackle.
According to Dangote, Buhari should make these three things his priority after his swearing in on may 29 :increase power generation,reduce unemployment and corruption.
Speaking in an interview with This Day, Dangote says that the business community in the country is set to back Buhari’s administration.


He explained that with President Goodluck Jonathan conceding defeat, the confidence of investors all over the world has been boosted, adding that the business community would wax stronger if the president-elect tackles some urgent demand 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. we are concerned because the organised private sector will play a key role in this

He further point out the extent of damage corruption has done to Nigerian economy, describing it as a “big canker-worm that has really eaten deep into the fabric of our nation and there is need for unison raise to tackle the menace in both public and private sector of the economy.”

The Buhari-led government can show a lot of strength on this issue by showing direction to his followers, 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.
The businessman called on Buhari’s administration to revisit the ongoing privatization program in the energy sector with a view to growing the energy capacity of the country.

According to him,the increased in electricity output, the more industrial growth and even the small and medium scale businesses which are dying because of insufficient energy supply, would begin to experience boom again.

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