 A Non-governmental organization known as African Economic Merit Award, AEMA, has launched its maiden edition of the university tour to inspire students pursuing their careers in areas of entrepreneurship. The convener, AEMA, McEva Temofe, while speaking with journalists during an event at Baze University, yesterday, said that the NGO is poised to advocate for youth inclusion in the country’s economy through its series of developmental programs.
Also speaking, the presidential candidate of the African Action Congress, AAC, Omoyele Sowore, said that Nigeria’s past and present leaders have performed poorly on economic development, stating that the country has been governed by leaders who are ignorant about basic economics. According to him, I will be exaggerating if I say that Nigeria has an economy right now. We don’t have an economy, we just have a vulcanizer economy where people are just patching along. “You know, the debt to GDP ratio is unbelievable. We are borrowing to pay salaries at this point. People can’t feed. There are no hospitals and the security situation is so bad. Even our oil that we so much talk about, we’re exporting more than half of what typically should go up because of the security. “Most importantly, we don’t have a leader that understands how to turn things around and to turn them around, I have identified areas that must be immediately taken care of,” he said. Source:Vanguard
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