Elumelu Tells Tinubu To Prioritize Security To Tackle Food Scarcity
Prioritizing Security in the country is paramount to address the current food scarcity and attract investment, Chairman of United Bank for Africa, UBA, Mr. Tony Elumelu, advised President Bola Tinubu.
This, he said during the Annual Conference of the Chartered Institute of Bankers of Nigeria, CIBN, on Tuesday in Abuja.
According to him, the fundamental right of every citizen is to be able to go about their various businesses unhindered.
He said, “To protect our people, feed them, attract investment, and foster trade, we must prioritise security.
“Insecurity has become a national crisis, which must be dealt with decisively and urgently. Our people deserve to go to their farms unhindered, live peacefully and conduct their lives and businesses without fear; it is the fundamental right of every citizen,”
For the banking sector, Elumelu described it as a cornerstone of Nigeria’s economy, adding that its transformation over the last few decades was one of the nation’s success stories.
He expressed that the sector employs millions, provides crucial financial support to countless businesses, and generates income for millions of shareholders.
On his part, Tinubu, represented by his vice, Kashim Shettima urged the business and banking community to prioritize capacity building, talent development, and youth empowerment as drivers of the nation’s economic growth.
He said his administration placed priority on growing the economy and the federal government was training three million Nigerian youths in digital technology and essential skills, with plans to deploy them to innovation firms across the country.
“We are committed to achieving a 70 per cent digital literacy level by 2027 through collaboration and innovation.
“We must focus on capacity building, talent development, and youth empowerment. These are the hands of our youth, and we must equip them with the skills, knowledge, and opportunities needed to drive our nation forward,” he stated.
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