Deregulation: FG Saves N1.3trn In Oil Sector

Vice President Yemi Osinbajo has disclosed that the current administration of President Muhammadu Buhari has saved N1.3 trillion from its oil deregulation policy.

The deregulation, he said, had resulted in the availability of petroleum products to Nigerians, adding that there is no part of the country where the products are not available.

Speaking at the closing of the National Council on Development Planning in Kano, yesterday, Prof. Osinbajo noted that modern economies hardly experienced growth without strategic planning.

He pointed out that one of the priorities of President Muhammadu Buhari’s administration is the diversification of the economy, with agriculture as top priority.

This is even the vice president, at the 4th Lecture Series of Progressive Governors’ Forum earlier in Kaduna, noted that the federal government was left with only a few years to transform the country.

“We have the next few years to transform this country and I hope we would be able to make that change. I’m sure the states here are the ones to make that change,” he said.

Prof. Osinbajo asserted that Nigeria had what it takes to be a great nation, but noted that the desired positive change cannot be achieved except public servants take responsibility for the transformation of the country.

He called on state governors, especially the All Progressives Congress (APC) governors, to deliver on the change agenda of the party, noting that they are the real agents of change that can bring about the social justice the party promised during the electioneering period.

Osinbajo said, “We have what it takes to make a big difference. Like I said in Kano a few minutes ago, we have the capacity in this country to make a great nation. I don’t believe there is any country, especially on the African continent, that has the resources, men and material that we have.”

“But a lot will depend on us, the public servants, whether we are elected or appointed, we are the ones that can make a difference in this country.

“If we as public servants see ourselves as being responsible for transforming our society, we see ourselves as being the hope the country and continent, then, perhaps, the change is really possible. But without us taking responsibility, very little can happen.

“We don’t have shortage of ideas or shortage of intentions in Nigeria, but what we lack is ability and capacity to see something through and complete it. For me, one of the greatest frustrations of government is that there are so many great ideas, great thoughts, but we face difficulties of completing things.

“The challenges that many states in Nigeria face today are not self-inflicted; some are historical; they are legacy challenges. But then, we are required to come to the table with fresh ideas to solve the problems. Some of the problems are not problems we can solve in few months or even years.

He advised the various governments in the country to think out of the box and to collaborate with one another towards achieving greater things.

“We are called upon at this time to make a difference and I believe the time calls for creativity and innovation but ,more importantly, the time calls for depending on each other, looking up to each other for solutions. We cannot operate in silence,” he said.

Kaduna State governor, Malam Nasir el-Rufai, who also spoke at the event, said Nigeria was facing an unprecedented economic crisis, most of which arose from the circumstances of the past administrations, adding that the worst job in Nigeria today is to be a state governor.

“We are left to redeem inherited problems. We don’t have a hand in it, but we have a duty to solve them,” he said, adding that there is the need for a fundamental shift away from ways things were done in the past for the country to move forward.

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