‘Our Appetite For Foreign Goods’ Responsible For Recession – Lai Mohammed
Lai Mohammed, Minister of Information and Culture[/caption]
Nigeria’s Information Minister, Lai Mohammed, has attributed the country’s longstanding economic downturn to citizens’ appetite for foreign goods and services.
Mohammed said this, Thursday, at the quarterly public lecture organized by the National Institute for Cultural Orientation (NICO) in Abuja.
While tasking Nigerians on attitudinal change on foreign goods consumption, the minister added that there is the need to promote entrepreneurship among the citizens.
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“There is no gainsaying the fact that our appetite for foreign goods and services is a major factor in our economic meltdown.
“It is pertinent to state that the task of developing our economy is the responsibility of all Nigerians. The development will need through public private partnership (PPP) arrangement.
“I am full convinced that if all hands are on deck and government gets the support of all stakeholders, the culture sector will be of strategic importance in the economic diversification agenda of our beloved country,” Mohammed said.
