His Excellency, The Senator, Otunba Gbenga Daniel has emphasized the critical need for Nigeria to prioritize domestic production and consumption as a means to bolster the nation’s economy and strengthen the Naira, Apples Bite Magazine reports. Addressing guests as the keynote speaker, Thursday, May 9, at the Oriental Hotel, Victoria Island, Lagos, at the Fish-For-Life Conference convened by the Fish-for-Life Foundation, a platform for dialogue and collaboration towards empowering Nigerians through digital skills training and mass self-employment opportunities, as convened by Dr. Ope Banwo.

Senator Daniel drew instances from the industrial revolutions of China and the technological advancements of India, he underscored the transformative power of focused economic policies. “After the first and second world wars, it was clear that industrial revolution was the way forward for the world,” he remarked, highlighting China’s strategic shift towards industrialization and India’s embrace of the ICT revolution as pivotal moments in their respective histories.

Reflecting on his visit to India, Senator Daniel vividly recalled the stark differences in automobile sightings between the two nations. “I counted just about three Mercedes Benz in one hour,” he shared, contrasting the abundance of SUVs in Nigeria with India’s emergence as an ICT powerhouse.

“Nigeria is the largest populated in Africa,” Senator Daniel emphasized, lamenting the nation’s reliance on imported goods and the adverse impact on the economy. He pointed out the exorbitant costs associated with importing products like wigs and the subsequent price fluctuations in industries such as air travel....




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