President Goodluck Jonathan has confessed that the country is facing a lot of challenges. Among such challenges that have given the President sleepless nights is that money made in Nigeria is invested in other countries.

The reason for this, according to him, is that the country and her citizens live their lives on imported goods and services from such countries.

Jonathan, who lamented on Facebook, a social network on the internet, said: “It is possible most of you know this: Among our many challenges as a nation is how to ensure that the money Nigeria and Nigerians make are channelled towards the country’s advancement.

“Presently monies made in Nigeria even if spent in Nigeria flies out of Nigeria. Let me explain. Most of the things we buy in Nigeria are imported.

“So our naira is largely servicing the country of production. As a matter of urgency we need to stimulate production of goods and services in Nigeria so that when Nigerians spend, most of their expenditure circulates within Nigeria with its attendant multiplier effect of stimulating more production and therefore more expenditure. “

To achieve this, he advised that Nigerians must restore the work ethic; while the government would improve the country’s electricity capacity, fight corruption and promote excellence and quality.

“Also,we must put an end to a situation where people make money based on rent and influence alone. Money should only be made from the production of goods or the provision of a service.

“If we want a country that works according to predictable rules of law with predictable positive consequences to good behaviour, as well as negative consequences to bad behaviour which should encourage every citizen to choose good behaviour we have to build it ourselves. This administration will stand with the people and insist that the right thing be done. So help us God.”

Citing the dedication of the Falconets in the recent Women’s U-20 World Cup, he advised Nigerians to stop living in the past and think of making the country governable.

“It is said that unless you spread your wings, you will never know how far you can fly. The Falconets spread their wings and are flying home with Silver. Before long they will bring home the gold!

“There are vital lessons here for us as a nation: We have a history of troublesome elections in the past, but we are determined to have credible, free and fair elections in the present and the future.

“We have a history of inadequate power supply, but the potential for improvement is there when qualified people implement the right government policies in that sector and appropriate investments are made.

He expressed belief that the post-amnesty programme would yield the desired result and unify the country.”

He also added that the issue of power would be handled like the telecommunication sector.


http://pmnewsnigeria.com/2010/08/04/jonathan-bemoans-nigeria%e2%80%99s-problems/