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Economic diversification panacea to Nigeria’s economic crisis – Danbatta

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Nasiru Yusuf

The Executive Vice Chairman, Nigerian Communications Commission (NCC), Umar Garba Danbatta, has underscored the centrality of economic diversification and ethical leadership at all levels of government as panacea to the current economic headwinds in Nigeria.

Kano Focus reports that Mr Danbatta stated this when he delivered a paper titled: “Ethical Leadership as an Instrument for National Sustainability in the Post-Oil Nigerian Economy: a Public Sector Perspective” at a  two-day hybrid (online and onsite) Annual Directors Conference (ADC) organized by the Institute of Directors (IoD), Nigeria.

Mr Danbatta emphasized that the fourth industrial revolution (4IR) or digital age promises greater revenue-earning potential to the nation.

Mr Danbatta, said the Federal Government has realized that Nigeria cannot be solely dependent on oil earnings anymore, hence the decision of the FG to explore ways of diversifying the economy.

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Economic diversification, according to Danbatta, is the process of shifting an economy away from a single income source toward multiple sources from a growing range of sectors and markets.

He said this is with a view to increasing productivity, creating jobs and providing the basis for sustained economic growth.

Danbatta said though, the Federal Government has made several attempts at economic diversification, such attempts have had little impact as majority of them have folded up whilst others are finding it difficult to survive.

He noted that the situation has further been compounded by the recent economic recession and the COVID-19 pandemic, which adversely affected the global economy, including Nigeria.

Danbatta stated that countries and societies have evolved by finding new ways of doing things to ensure economic sustainability, which has led to the first, second and third industrial revolutions.

“Currently, countries are exploiting the 4IR in order to diversify their economies.

“The fourth industrial revolution, which has also been referred to as 4IR or Industry 4.0, describes the age of intelligence and encompasses technologies like  high-speed mobile Internet, Artificial Intelligence (AI), automation, the use of big data analytics and cloud computing,” he said.

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Danbatta, also emphasized that the 4IR is the information and digital economy age, which, if properly enhanced and exploited, can unleash a new phase of massive revenue generation and wealth creation for Nigeria in the post-oil era.

“This is because while natural resources such as oil, gas, and so on, are finite, data and information are infinite.

“Furthermore, the possibilities provided by the 4IR are limitless and can generate employment for Nigeria’s teeming youth population Therefore, in order to achieve economic growth using the 4IR there is the need for ethical leadership,” he said.

Zeroing on the centrality of ethical leadership in the public sector, Danbatta said in order to achieve national sustainability in the post-oil Nigerian economy, the highest standard of ethical leadership is required of all leaders especially in the public sector.

“Ethical leadership is essential for sustainable development of a Country.

“Nurturing an ethical leadership culture is essential and this will determine the transformation and overall development of the Country.

“Nigeria stands at the threshold of history and would definitely need ethical leaders to ensure sustainability in the post-oil era as government takes positive steps to diversify the economy,” he added.

The IoD Nigeria Annual Directors’ Conference is the Institute’s flagship event, which is attended by captains of industry and directors in both private and public sectors of the Nigerian economy.

It is a forum where contemporary issues affecting leadership and corporate governance of Nigeria’s businesses are x-rayed and global best practice solutions provided by professionals and practitioners in corporate administrations.

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Road Accident: Governor Yusuf to Construct Bridge in Imawa, to Enhance Road Safety

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Kano State Governor, Alhaji Abba Kabir Yusuf, has announced his decision to embark on the construction of a new bridge in the town of Imawa, located within Kura Local Government Area of the state.

In a statement issued by governor’s spokesperson Sunusi Bature Dawkin Tofa on Friday said the initiative is aimed at mitigating the frequent accidents that have plagued the area, particularly along the busy Kano-Zaria express way where such incidents have become all too common.

The decision to build the bridge follows a tragic accident in which a driver struck and killed three people, causing widespread devastation in the community.

The incident occurred shortly after the Friday Jumu’ah prayers, when a vehicle veered out of control and struck seven pedestrians.

Sadly, three of the victims succumbed to their injuries, while the other four sustained varying degrees of injuries.

Governor Yusuf expressed his deep condolences to the families affected by this tragic event and emphasized the urgent need for infrastructure improvement to prevent further loss of life.

The construction of the bridge is expected to enhance road safety, ease traffic flow, and provide a safer passage for both pedestrians and motorists in the area.

“The Kano State Government remains committed to ensuring the safety and well-being of its citizens, and this project represents a significant step toward achieving that goal.”

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Governor Yusuf Reopens Kano Driving Institute After Eight Years of Neglect

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Governor Abba Kabir Yusuf has officially reopened the Kano State Driving Institute, reinstating its academic and practical programme after eight years of neglect under the previous administration.

This was contained in a statement issued by governor’s spokesperson Sunusi Bature Dawkin Tofa on Friday.

Originally established during Dr. Rabiu Musa Kwankwaso’s second term as part of a broader strategic transport ecosystem, the institute was designed to produce professional and licensed drivers equipped with state-of-the-art training.

Unfortunately, the facility was shut down for the entirety of the last administration’s eight-year tenure, leaving it in a state of disrepair.

Speaking at the reopening ceremony, where 250 youths were offered enrollment forms, Governor Yusuf expressed his dismay over the impact of the institute’s prolonged closure.

He emphasized his administration’s commitment to revitalizing the centre, aiming to restore it as a premier institution for professional driver training and licensing.

“The Institute was conceived to create job opportunities for our youth, it was established by Dr. Rabiu Musa Kwankwaso to enhance road safety and provide young people with the skills to become professional drivers.” He said.

“Unfortunately, the previous administration abandoned it for eight years, causing significant harm to our youth who could have benefited from this initiative.” He added.”

Governor Yusuf further highlighted that the revitalized institute will not only teach safe driving but also contribute to reducing road accidents and boosting the state’s transportation sector.

He called on stakeholders in the transportation industry to support the institute by providing employment opportunities for its graduates.

He also assured that his administration would provide all necessary resources to ensure the institute’s success and urged the newly enrolled 250 youths to take full advantage of the opportunity, stressing the importance of responsibility and dedication in their training.

According to the governor, the reopening marks a new beginning for the Kano State Driving Institute, positioning it as a key player in the professional development of the state’s transportation workforce.

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Kano govt cautions private schools against excessive fees

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Kano Female Students

Nasiru Yusuf Ibrahim

 

The government has introduced new guidelines for fee increment. 

 

 

Kano State Government has prohibited private and voluntary schools from arbitrarily increasing fees and forcing parents to purchase materials directly from the schools.

 

KANO FOCUS reports that Executive Secretary of the Kano State Private and Voluntary Institution’s Board( KSPVIB,) Comrade Baba Abubakar Umar, gave the warning in an interview with journalists.

 

The Executive Secretary said that some schools have been taking advantage of parents through hidden charges and exorbitant fees.

 

He said to address this issue, the board has introduced new guidelines.

 

According to him, “Schools must convene a Parents-Teachers Association (PTA) meeting to discuss any fee increments”.

 

He also stated that school must then write to the board seeking approval for the increase, attaching the attendance sheet from the PTA meeting.

 

He added that”At least two-thirds of parents must be present at the PTA meeting”

 

Comrade Abubakar dated that, the board has received complaints from parents who were charged excessive fees or amounts different from what was initially agreed upon.

 

He therefore disclosed that despite the current economic situation, schools must be realistic and fair in their charges.

 

“The board will work with relevant authorities to prosecute schools that operate illegally or evade taxes”

 

He however maintained that the board is committed to ensuring that schools provide safe learning environments and employ qualified teachers.

 

“Parents are encouraged to report any schools with substandard teaching or unsafe conditions”

 

Comrade Abubakar emphasised that, new census forms will be distributed to private and voluntary schools to ensure accurate data collection and effective monitoring. Saying that the board remains open to dialogue and discussions with schools willing to comply with the law.

 

He commended Governor Abba Kabir Yusuf for his commitment to education, allocating 30% of the state’s budget to the sector and declaring a state of emergency.

 

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