Home Latest News We can diversify our economy if we embrace restructuring – Atiku

We can diversify our economy if we embrace restructuring – Atiku

We can diversify our economy if we embrace restructuring - Atiku

Atiku says he favours a restructured and united Nigeria . The former vice president says Nigeria must restructure now or risk being bypassed by the global economy . He says that Nigeria needs to urgently diversify its economy which will only be possible if the country embrace restructuring Former vice president Atiku Abubakar has hit back at those criticizing his position on restructuring, saying the United Nation’s planned phase out of petrol and diesel-run cars by 2040 has vindicated him, Vanguard reports.

In a statement by his media office in Abuja, Atiku recalled that exactly a week ago at the University of Nigeria, Nsukka, he had predicted that the automobile industry will be moving away from diesel and petrol powered cars in favour of electric and alternative energy powered cars. According to him, this is one of the reasons why Nigeria must restructure now or risk being bypassed by the global economy.

He said: “Of course the Wazirin Adamawa was criticized and painted as crying wolf by the usual suspects, yet only eight days later his view has been further vindicated by the news from the United Kingdom. This again serves as a warning to Nigeria to heed the warnings of patriots like Atiku Abubakar and others like him, that while we still have a few good years of income from oil we need to urgently diversify our economy which will only be possible if we embrace restructuring.” NAIJ.com had earlier reported that Atiku Abubakar said he favours the call for restructuring of the country because he wants a Nigeria that every man, woman, and child has a chance to build and share in this great nation’s potential.

Atiku’s position was contained in a transcript of his speech at the University of Nigeria, Nsukka on the occasion of the Senior Staff Club Lecture Series on Restructuring Nigeria/Award of Excellence in Good Governance on Wednesday July 19.

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