Technology would soon render oil economy useless - Gowon, others warn federal govt

macfranc007 March 01, 2018 Nigeria News today & Breaking news ▷ Read Nigerian newspapers 24/7 David Oladele

- Former head of state, General Yakubu Gowon has urged the federal government to plan beyond oil so as to gain its economic stands

- Also, Governor Mohammed Abubakar of Jigawa said the country must deploy technology and plan well to remain competitive in the global economy

- Abubakar noted that the technology would soon render oil economy useless

Former head of state, General Yakubu Gowon on Wednesday, February 28, said Nigeria must take decisive steps to plan beyond oil so as to reposition the nation’s economy for international competitiveness.

News Agency of Nigeria (NAN) reports that Governor Mohammed Abubakar of Jigawa and an industrialist, Hayatudeen Mohammed also said the country must deploy technology and plan well to remain competitive in the global economy.

The three made the submissions in separate presentations at the 39th Kaduna International Trade Fair Seminar with the theme, “Promoting Commerce, Industry and Agriculture for International Competitiveness.''

Gowon, who chaired the event said that the federal government medium term development plans of the 1960s’ and 70s’ were designed to reposition Nigeria’s industrial sector for international competitiveness by 1980.

He said: ''KADCCIMA is closely associated with Kaduna state and the federal government to develop local and national economy by encouraging foreign enterprises and investors to invest in the country.

''One of the key event of the trade fair is the seminar that provides avenue for dialogue and exchange of ideas with local and foreign business communities on ways to drive the national economy forward.

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''There is no better contribution than to show support to states and federal government quest to reposition the country’s economy for international competitiveness.''

On his part, Governor Badaru Abubakar of Jigawa noted that technology would soon render oil economy useless, adding that the country must industrialise to compete in the international community.

Abubakar said Nigeria must plan beyond oil by taking conscious steps toward exploiting the opportunities that the manufacturing sector provides.

Meanwhile, NAIJ.com had reported that Gowon reiterated his call on Nigerians to pray for peace, unity and prosperity of the country.

Gowon made the call on Saturday, February 24, during a two-day National Prayer Rally organised under the aegis of Nigeria Prays, at the Government House, Maiduguri.

He noted that such prayers were imperative to promote unity and harmonious coexistence as well as address the nagging social and economic problems bedeviling the country.

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