A Renowned Nigerian Accountant, International businessman and Philanthropist, Dr Awa Ibraheem says the fuel subsidy removal and the floating of the naira by the President Bola Ahmed Tinubu’s administration were steps towards resetting the economy which however takes time to bear fruits.
According to him, the economic challenges presently facing the nation have always been there and called on Nigerians to assist the government with prayers to succeed in its present endeavours.
Dr Ibraheem expressed these views during a chat with newsmen .
He observed that the ongoing economic reforms by the present administration were building a foundation for a better future for Nigerians.
According to him, the nation has been on this economic issue for a long time while some nations have been there for the past two or three decades, Nigeria just got another set of government who has started resetting it.
“They started from removing subsidy, floating the naira. When you want to do this type of things, it first comes with hardship, it’s not unexpected.
“I believe that all the perceived suffering now is building a foundation for a bigger relief that will come to Nigerians in the nearest future. So this particular government has started resetting the economy, let us assist them, let us keep praying that they succeed.” Dr Ibrahim stressed.
Ibraheem who is also the Pro-Chancellor of Fountain University, Osogbo, Osun State stressed the need for corporate organisations and well-to-do individuals to always assist the government.
Huge funding
He said the education sector requires huge funding which cannot be left to the government alone.
“We cannot leave everything to the government, there is a limit to what the government can do, so if the government is doing their bits, the individuals should do same as everyone has a role to play.
*Govt should increase budgetary allocation to education*
“I believe the government should increase the budgetary allocation to education. In my opinion they should also monitor how the stakeholders in education are actually utilizing those budgetary allocations and other stakeholders should try to assist as much as possible” he added.
He suggested that Nigeria should limit the involvement of government in financing education, stressing that if Nigerians are running educational organizations as a money making business, definitely the waste will be reduced and there will be lots of improvements.
Ibraheem stated that his various acts of philanthropy were driven by his desire for heavenly reward.
“My motivation is heaven, I know that whatever we do here, we are going to leave them here, and whatever good that you do here, you get your reward in heaven. If you believe in the world hereafter and if you believe that whatever you gather in this world, you are not taking them to heaven, the only thing you carry is your good deeds, then you should be motivated to do more and more.”
He therefore urged the Nigerian Government to take a cue from the Kingdom by being organised within the limited resources at its disposal.
“Remember that the peculiar situation of Nigeria is different from that of Saudi. In Nigeria for example we are over 200 million people that the government needs to cater for, over here they are very, very few, I must however give it to them that they are well organized and the people are very orderly”.
He therefore advised the Nigerian Government to be more organized within the nation’s limited resources
Olusola Akintonde
