• Thursday, March 28, 2024
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Obaseki to Ize-Iyamu: You can’t plan Edo economy on optimism

Obaseki

Edo State governor and candidate of the People’s Democratic Party (PDP), Godwin Obaseki, has chided candidate of the All Progressives Congress (APC), Osagie Ize-Iyamu, over the latter’s speculative answer to the governor’s question during the Edo State Governorship Debate organised by Channels Television on Sunday night.

During the question and answer session of the two-hour debate, Obaseki asked his opponent, “In the light of the post- coronavirus pandemic (COVID-19) economy, and going through your Simple Agenda, in the first year alone, you will require close to about N500 billion to do all the things you want to do for Edo people. How and where do you intend to get that money from?”

In his response, Ize-Iyamu said, “With what we have in mind, we are very optimistic that COVID or no COVID, our revenue will improve and we will be able to do most of the things that we plan to do.”

In his post-debate note made available to journalists by Crusoe Osagie, special adviser to the Edo State governor on Media and Communication Strategy, on Monday, Obaseki said the APC candidate doesn’t know how the economy works.

Read also: Edo governorship debate: I’ll encourage private sector investment to create jobs – Obaseki

“You can’t plan an economy, or the Edo economy for that matter, on optimism and speculation. Governance requires much more than optimism. You must have time-tested solutions well laid out in a development plan, and that is prepared in advance. That is why managers or leaders must have development plans,” Obaseki said.

“It is a good thing to be optimistic, but Ize-Iyamu needs to understand that there are over 4 million mouths in the state that must be fed daily through a mix of job creation strategies. This requires hard thinking, planning ahead and ultimately, effective execution of development plans,” he said.

The governor stressed that “merely hoping that things will be fine is not sufficient”.

“There must be deliberate efforts on the part of government to attract investment into the state, so that these investments will create jobs for the greater majority of Edo people.

“We are already doing that with EdoJobs, an agency that is matching job seekers with employers; creating direct and indirect jobs and training thousands of young people on industry skills that are in high demand across the globe,” he said.

Obaseki maintained that “Ize-Iyamu again missed the point when he dismissed the impact of COVID-19 with a wave of the hand”.

“Dismissing COVID-19 and its negative impact on the economy is to live in denial. No leader who is abreast of current socio-economic trends will say COVID or no COVID, I will do this and I will do that.

“The pandemic has altered our lives, no matter which part of the world we are in, and irrespective of the sector we find ourselves. In the aviation sector, we have seen the unprecedented job losses. In agriculture, COVID-19 has disrupted input and produce supply systems, and has blighted the market,” Obaseki said.

“In the oil and gas sector, oil producing countries are grappling with low demand and low prices due to low production levels in the developed and emerging economies that rely on our crude oil for production activities.

“In the health sector, which is the worst hit, the attendant crisis is unprecedented as health facilities and personnel are stretched beyond limit. So, smart leaders must factor the impact of COVID-19 into their development agenda,” he said.