Vice President Yemi Osinbajo expressed concern over the increasing poverty level in the country. Osinbajo featured on a TV programme alongside Srikant Datar, Professor of Business Administration (HBS), and Bayo Ogunlesi, a Nigerian investment banker at a question and answer session moderated by Hakeem Bello-Osagie, Chairman of Metis Capital Partners.
In his words, "I think what keeps me up at night has to do with extreme poverty; the issue is that the largest number of those who voted for us are the very poor.
The promises that government makes to them is that their lives will be better and obviously they are looking at their lives being better in the shortest possible time".
Prof Osinbajo opined that he looks forward to seeing an industrialized Nigeria in the next 10 years; a very strong middle class and most people living above the poverty line.
He stressed that a lot of Government policies were based on the needs of people at the bottom of the pyramid with a focus on Agriculture and getting credit facilities to farmers in order to achieve self-sufficiency.
The Vice President emphasized on Federal Government's attention being tailored toward Social Intervention Programmes which factored the provision of cheap credit to petty traders at the bottom of the pyramid of the economic hierarchy.
He revealed that Nigeria was open to business with its various potentials and urged Nigerian investors abroad to look homewards.
He adverted the efforts being made by Buhari-Osinbajo led Administration on climate change and that, the momentum was in favour of renewable energy and Nigeria was doing a lot of investment that regard; solar power and opening up more opportunities across the country.
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