Mr Tinubu said the government must urgently think outside of the box in finding solutions to these challenges.
“Enhanced security may be the necessary first step, but it cannot be the only step.
“We would do well to more critically study how other populous nations such as the UK, U.S., Germany and China charted their course during their formative years.ADVERTISEMENT “We would do well to understand this history and learn what it means for our own pursuit of development,” Mr Tinubu added.“The development of any populous nation has always been dependent on the ability of government to allocate sufficient funds to projects and programs that create and encourage enduring growth and employment.
“The issue is not whether government is spending money or not. The real issue is the economic utility and quality of the expenditure,” the Asiwaju said.Mr Tinubu suggested fiscal wisdom in running the nation’s economy, which he noted was weak due to the efforts of the COVID-19 pandemic. “This means government must spend money on those things that bring the requisite economic returns for the nation,” he said.
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