To fix Nigeria’s economy, we must fix infrastructure – Kemi Adeosun
The Minister of Finance, Mrs. Kemi Adeosun has reiterated the plan of the Government of Nigeria to rebuild the economy of the nation which is on the precipice of complete breakdown.
She made this known at 14th annual Daily Trust Dialogue which held in Abuja on Thursday. Adeosun said: “We need to move away from oil and focus more on other parts of our economy. It is not true that government is not spending, we are trying to spend on the right thing.”
Adeosun also said Government is borrowing too much and most of the expenditure in the Country are recurrent.
The Minister added that no one can specialize in Nigeria because we are jack of all trades, master of none.
“No one can specialise in Nigeria because you can’t focus. Even a fisherman has to know about generators”, Adeosun said.
The minister said that infrastructure is difficult but they are needed to enhance the growth of the economy. She stressed the importance of maintaining infrastructure and the role infrastructure plays in kick starting economy.
Adeosun said part of the reasons milk and fish production is low is because we have bad roads which are due to overuse of the roads. She said, “it is high time Nigeria started using more of rails to transport goods.”