Vice President Yemi Osinbajo has said that Nigeria’s massive population constitutes a challenge in the fight against the prevailing Coronavirus pandemic in the country.
The Vice President, however, said the advantage of being able to manage the issues in smaller measure through the states and develop best practices has enabled authorities to reassess responses across sub-nationals and adjust where necessary.
Prof. Osinbajo stated this in Abuja on Wednesday at a virtual conference entitled “How Africa’s Informal Sector Reacts to COVID-19”, organized by Africa.come.
The Vice President in a statement issued by his Senior Special Assistant on Media and Publicity, Laolu Akande, said Nigeria has the advantage of being able to manage her problems in smaller measure, by dividing them, because she runs a Federation.
The statement said, Mr. Hakeem Bello-Osagie, a Harvard Business School Senior Lecturer of Business Administration, and Teresa Clarke, CEO of Africa.com, moderated the discussions with participation by several thousands who signed in across the world.
Besides Prof Osinbajo, others who spoke at the webinar were President Nana Akufo-Addo of Ghana; Governor Nasir El-Rufai of Kaduna; Ahmed Mushfiq Mobarak, Professor of Economics, Yale University; and Amandla Ooko-Ombaka, Senior Engagement Manager, McKinsey & Co.
He said, providing support to small businesses in the informal sector should be a priority for all economies aiming at lessening any adverse effect of the pandemic on the economy.
According to Osinbajo, “perhaps we have the advantage of being able to manage our problems in smaller measure, or by dividing them, of course we run a federation, which means that Gov. Nasir could do some very excellent work there in Kaduna, Lagos could do some excellent work, Ogun state and others could also do some excellent work.
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