Following his recent remarks that the execution process of the economic and recovery growth plan (ERGP) of President Muhammadu Buhari does not reflect the needs of Nigerians, which drew condemnation from a section of the country, America’s billionaire and philanthropist, Bill Gates, has again advised Nigerian leaders to “face facts” so that the country and its people can make progress.
Gates says he wanted to spark action and debate by his comments and he certainly has.
Predictably, some see the tough talk as a rebuke of Muhammadu Buhari, Nigeria’s president, who has been struggling to get the economy on its feet and stamp out the persistent threat of Islamist group Boko Haram in the northeast.
Speaking with CNN in an exclusive television interview on Monday, Gates said he wanted to speak out to implore Nigerian politicians to focus on human capital and its large youth population.
“The current quality and quantity of investment in this young generation in health and education just isn’t good enough. So I was very direct.”
The tech billionaire and founder of the Bill and Melinda Gates foundation feels that he has earned the right to speak.
Gates says he has traveled to Nigeria for more than a decade and the foundation is spending $1.6 billion on programs here — most of it his own money.
Their primary focus is health and their work has been incredibly successful in mitigating the threat of polio, particularly in the crisis hit northeast of the country.
Gates feels, along with many others, that it is time for Nigeria’s government to do better. The continent’s largest economy is moving out of a recession caused by a tanking oil price and moving towards a closely watched presidential election in 2019.
Gates believes, together with Aliko Dangote, Africa’s richest man and a close partner of the Gates Foundation, that if the Nigerian government does a few things differently, then the country is poised for lift off.
“I really think that of all the countries I have seen, it really hangs in the balance. If they can get health and education right, they can be an engine of growth, not just for themselves but for all of Africa,” said Gates.
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