Bola tinubu wants fg to change economic policies re engineer the economy bottom up

A very interesting topic!

Bola Tinubu, a Nigerian politician and former Governor of Lagos State, has indeed called for a review of the country's economic policies and a re-engineering of the economy from the bottom up. Here are some key points from his proposal:

Re-engineering the economy from the bottom up: Tinubu believes that the current economic policies are not working for the majority of Nigerians, and that a new approach is needed. He advocates for a bottom-up approach, where the economy is re-engineered to benefit the masses, rather than just a few elite individuals or groups.

Focus on human capital development: Tinubu emphasizes the importance of investing in human capital development, particularly in education, healthcare, and skills acquisition. He believes that this will lead to a more productive and competitive workforce, which will drive economic growth and development.

Promote entrepreneurship and small-scale businesses: Tinubu advocates for policies that promote entrepreneurship and small-scale businesses, which he believes are the engines of economic growth and job creation. He suggests that the government should provide support for small businesses, including access to finance, training, and mentorship.

Diversify the economy: Tinubu believes that Nigeria's economy is too dependent on oil and gas, and that diversification is necessary to reduce the country's vulnerability to global price shocks. He suggests that the government should invest in agriculture, manufacturing, and other sectors that have the potential to create jobs and drive economic growth.

Improve infrastructure: Tinubu emphasizes the importance of improving Nigeria's infrastructure, including roads, bridges, ports, and energy supply. He believes that this will reduce the cost of doing business, increase efficiency, and attract foreign investment.

Fiscal discipline: Tinubu advocates for fiscal discipline, which he believes is essential for reducing the country's debt burden and creating a stable economic environment. He suggests that the government should prioritize spending and reduce waste, in order to free up resources for more productive uses.

Encourage foreign investment: Tinubu believes that foreign investment is essential for driving economic growth and development in Nigeria. He suggests that the government should create a business-friendly environment, reduce bureaucracy, and provide incentives for foreign investors to come to Nigeria.

Overall, Tinubu's proposal is focused on creating a more inclusive and sustainable economy that benefits all Nigerians, rather than just a few elite individuals or groups. While some of his ideas may be controversial, they are certainly worth considering as Nigeria seeks to re-engineer its economy and drive economic growth and development.