
The Digest:
The Class of 1999 governors have urged President Bola Tinubu to prioritize creating cottage industries across Nigeria’s 774 local governments rather than relying on temporary palliatives to address economic hardship, emphasizing the need for security and economic stability.
Key Points:
- The governors stressed that without security, progress and stability are impossible.
- A stable foreign exchange and job creation are critical for Nigeria's growth.
- The governors proposed the establishment of cottage industries to create jobs in every local government area.
- They argued that giving out N5,000 palliatives is not a sustainable solution for long-term economic relief.
- Tinubu was receptive, promising to consider the governors’ suggestions in addressing Nigeria’s economic and security challenges.
The Class of 1999 governors emphasized the urgent need for infrastructure that fosters long-term economic stability, beyond short-term palliatives, to uplift the people, especially in rural areas.
Sources: TheCable, PUNCH, Adedapo Adesanya