Skip to main content

Resources, talents without added value results in poverty—Osinbajo

The Vice President, Professor Yemi Osinbajo, has said natural resources such and oil, gas and minerals, including talents, mean little without creativity and value addition.

According to Vice President Osinbajo, it is value addition and creativity that is the difference between poverty and wealth.

Osinbajo said these when he delivered a lecture entitled “Facing the New Decade,” at the fifth convocation of Federal University of Dutse, Jigawa State.

According to the Vice President, “the abundance of natural resources such as we have in Nigeria, oil and several minerals, even talents, mean little or nothing unless we are able to creatively and by using innovation and adding value, add to whatever it is that we have in terms of talent or resources.

"Put it differently, the difference between poverty and wealth or mediocrity and high achievement is creativity, or the capacity and willingness to add value.

“This is the reason why Apple, manufacturers of the iPhone and iPad, make more money in four months than Nigeria earns from oil in one year.”

He posited that the next few decades will present tremendous opportunities for getting well-paying jobs and lucrative entrepreneurship opportunities all over the world.

“Anyone will be able to access many of those jobs without even having to move from your own country, in some cases even without leaving your home.” he said.

There will be a truly international market place of ideas, talents and opportunities, but to access that market place, you need to become, in many senses, a global citizen by your own effort. Self-education and self-development will be important.”

He commended the institution for “exploits being recorded … in many fields that amply validate the promise of the fruitful synergy between town and gown. Let me cite just two such examples, in recognition of your relevant and innovative research efforts.

“First is the Federal Ministry of Agriculture selected your university to host the Agribusiness Incubation Centres.

“The second has been your response to the security challenges besetting our nation today; you elected to express a shared commitment to the national search for solution by being the first among your peers to mount a programme on Criminology and Security Studies.

“This demonstrates your relevance and proving that the university should not just be an incubator of ideas, but also a solution provider.”

Vanguard

Comments

Popular posts from this blog

Nnamdi Kanu: Threading the path of extremist radicalism

By Agaju Madugba Violence and street demonstrations in parts of the south-east of the country have continued to trail the arrest of Nnamdi Kanu by operatives of the DSS in a Lagos hotel, on October 14.  Kanu is leader of the Indigenous People of Biafra (IPOB), a separatist movement canvassing the creation of an independent state of Biafra from the Federal Republic of Nigeria.  He is also the Director of the United Kingdom-based Radio Biafra. Director of Radio Biafra, Nnamdi Kanu, sandwiched between security operaives, leaving the court yesterday in Abuja. Director of Radio Biafra, Nnamdi Kanu, sandwiched between security operaives, leaving the court yesterday in Abuja. Kanu's arrest and consequent prosecution may not be unconnected with what the Federal Government considers sensational and provocative comments, bordering on treasonable felony, broadcast over Radio Biafra. Currently standing trial along with some other persons at a Federal High Court, Kanu ha

I pity President Buhari- Nasir El-Rufai says

Kaduna state governor, Nasir El-Rufai says he pities President Buhari because the two times he's become president of Nigeria was when the country was going through rough economic periods. El-Rufai said this while speaking at the Sunday Service of the Latter Rain Assembly which he attended yesterday July 31st. “We have always known that there is massive corruption in Nigeria but the revelations of the past one year have shocked even the most pessimistic of critics. Nearly 70 per cent of Nigeria’s oil revenues disappeared without a trace. Of course, there must be consequences for that. When we sit down with President Buhari these days, I pity him. I pity him because he has always become President anytime Nigeria is in trouble. First, it was after the NPN (National Party of Nigeria) government had almost grounded the economy (in 1984) and now, after a massive looting of the nation’s treasury; and he has to lead the team to fix it”he said Attend Professional Blogging

Picking A Vice President In 1999 Was A Mistake – Obasanjo

Former president Olusegun Obasanjo on Saturday said picking a running mate in the 1999 presidential election was a mistake. He made the comment while speaking in Abeokuta at a leadership and entrpreneurship mentoring session with selected school students. Obasanjo, who won the 1999 and 2003 presidential elections, ran alongside Atiku Abubakar. See full story here https://www.channelstv.com/2022/06/25/picking-a-vice-president-in-1999-was-a-mistake-obasanjo/