• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Here’s what the Nigerian Government has to say about Gates’ comment on economy plan

Fikayo Owoeye by Fikayo Owoeye
March 23, 2018
in Business News, Politics
Here’s what the Nigerian Government has to say about Gates’ comment on economy plan
Share on FacebookShare on TwitterShare on Linkedin

Vice-President Prof. Yemi Osinbajo has responded to comments made by the Co-Founder of Bill & Melinda Gates Foundation, Bill Gates, challenging the Nigerian Government to invest more in human development and that the Economic Recovery and Growth Plan ERGP of the government does not reflect people’s needs.

Responding, Osinbajo said investing in people was a primary aspect of the current administration’s Economic Recovery Growth Plan.

He noted the government was aware that people were critical to driving the economy which was why the administration is currently doing everything possible to improve the basic infrastructural elements that enhance proper human life.

RelatedStories

President Tinubu confers CFR on Bill Gates, says “his contributions saved millions” 

Bill Gates urges Nigeria to sustain its commitment to polio eradication  amid tightening funds 

June 5, 2025
FG signs $7.5 million agreement with Gates Foundation to build Nigerian AI Scaling Hub 

FG signs $7.5 million agreement with Gates Foundation to build Nigerian AI Scaling Hub 

June 3, 2025

In his words:

“It is this realisation that has helped us to ensure that one of the primary planks of our economic recovery and growth plan is ‘investing in people’; and it is for this reason that we are expanding the reach and quality of our healthcare through the National Health Insurance Scheme and working to guarantee basic education for all persons whilst also upgrading and modernising the quality of secondary and post-secondary education.”

The Kaduna state governor Mallam Nasir El-Rufai also faulted Gates comments describing the claim by Gates as “incorrect”. El-Rufai noted that the ERGP has enough provision for human capital, it is a Federal Government’s plan.

He, however, appealed to the state governments to come up with similar plans as well as adequate provisions for healthcare and education because the bulk of the burden for healthcare and education really rests on states governments.

Recall that the Gates at the expanded session of the National Executive Council Meeting in Abuja picked holes in the economic recovery plans of the government. Gates who declared that Nigeria is one of the most dangerous places to give birth in the world noting that the country has the fourth mortality rate in the world after Sierra-Leone, Central African Republic, and Chad.

He, however, advised the Nigerian government to invest more in social infrastructure to improve the standard living of its people.

In his words:

“If you invest in their health, education, and opportunities – the “human capital” we are talking about today – then they will lay the foundation for sustained prosperity. If you don’t, however, then it is very important to recognize that there will be a sharp limit on how much the country can grow.”


Follow us for Breaking News and Market Intelligence.
Tags: Bill GatesYemi Osinbajo
Fikayo Owoeye

Fikayo Owoeye

Fikayo has a degree in computer science with economics from Obafemi Awolowo University. ITIL v3 in IT service management. An alumnus of Daystar Leadership Academy. Prior to joining Nairametrics had stinct in Project management, Telecommunications among others. Also training in Consulting and Investment banking from Edubridge Academy. He has very keen interest in Politics, Agri-business, private equity and global economics. He loves travelling and watching football. You can contact him via fikayo.owoeye@nairametrics.com

Related Posts

President Tinubu confers CFR on Bill Gates, says “his contributions saved millions” 
Health

Bill Gates urges Nigeria to sustain its commitment to polio eradication  amid tightening funds 

June 5, 2025
FG signs $7.5 million agreement with Gates Foundation to build Nigerian AI Scaling Hub 
Corporate deals

FG signs $7.5 million agreement with Gates Foundation to build Nigerian AI Scaling Hub 

June 3, 2025
Bill Gates drops to lowest billionaire rank in years
Sectors

Bill Gates predicts AI will make specialized knowledge widely accessible within a decade 

March 27, 2025
Bill Gates
Health

Gates Foundation’s $9 billion payout insufficient for global health without government partnerships- Bill Gates

September 27, 2024
Bill Gates drops to lowest billionaire rank in years
Billionaire Watch

Billionaire Bill Gates says Nigeria is the largest beneficiary of his African funding 

September 4, 2024
Bill Gates drops to lowest billionaire rank in years
Health

Nigeria to receive 3 million Multiple Micronutrient Supplements to reduce maternal anemia – Bill Gates 

September 4, 2024
Next Post
Federal Government Bond

DMO uses bonds to raise ₦64.06bn towards the 2018 budget implementation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Crypto is now legit — Will Nigeria’s financial institutions adapt or burn? | Drinks & Mics ft Buchi Okoro
  • Top 10 Consumer Goods companies with the highest gains on the NGX in H1 2025 
  • The best selling cars of 2024 in Nigeria 

Follow us on social media:

Recent News

Crypto is now legit — Will Nigeria’s financial institutions adapt or burn? | Drinks & Mics ft Buchi Okoro

Crypto is now legit — Will Nigeria’s financial institutions adapt or burn? | Drinks & Mics ft Buchi Okoro

July 12, 2025
Consumer goods

Top 10 Consumer Goods companies with the highest gains on the NGX in H1 2025 

July 12, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics