The President has commended the youth who are now shifting away from the mindset that agriculture is a “simple poverty-alleviation programme” and encouraged them “to begin to think that agriculture can make you have your own private jet.”
The economic summit, which provides an opportunity to discuss issues with a view to providing practical solutions, is organised by the Nigerian Economic Summit Group, National Planning Commission and the Ministry of Agriculture and Rural Development.
The summit is also the “foremost platform for dialogue between the public and private sectors,” for which the President thanked the organisers, for ensuring consistency for the annual event.
In his address, the President stated that the summit is coming at a critical time in the nation’s political history, following the launch of his administration’s mid-term report on the transformation agenda, on May 29th.
He stressed the government’s determination to “lay a solid foundation for the transformation of the country’s agricultural sector for enhanced growth and development”.
“The country is more determined than ever to unlock the great potentials of agriculture in order to ensure food security, create jobs and generate wealth,” he said, adding that it is “part of our continued effort to demonstrate our drive and commitment to work with the private sector to make agriculture once again, the main stay of our economy”.
This year’s summit focuses on the agricultural sector, which the President said he is not totally in agreement with because “you cannot discuss agriculture without discussing land. You cannot discuss agriculture without talking about farm managers, agronomists, agric engineers and agric economists, and that is education.”
He highlighted other sectors of the economy such as transportation, trade, finance and petroleum.
He also expressed satisfaction in the participation of middle class citizens adding that the involvement of the middle class signals the “beginning of a proper revolution”