|
Getting your Trinity Audio player ready...
|
Forty-three ministers were sworn in by President Muhammadu Buhari on Wednesday with a charge to lift 100 million Nigerians out of poverty. The ministers are coming at time when investor confidence is at the lowest ebb due to lack of direction and ill- advised, self- destructive policy pronouncements.
Beyond the euphoria of portfolios and geopolitical supremacy usually characterising Nigerian appointments, the ministers have the opportunity of writing their names either in the already-filled book of ignominy or empty book of fame.
The urgency of the times requires that the ministers must find solutions to fleeing investments, sky-high insecurity, stock exchange heavy losses (over N2.5 trillion since January 2018), high poverty rate (50 percent), unemployment malaise ( 23.1 percent), high number of out-of-school children (13.5 million children), illiteracy (38 million Nigerians), high mortality rate (821: 100,000), and slow growth (2.01 percent versus population growth of 2.6 percent).
