Vice-President Yemi Osinbajo says the country’s main endowment is its people and not crude oil nor any other mineral resource.
A statement issued by his Senior Special Assistant on Media and Publicity, Laolu Akande, noted that the Vice-President spoke while delivering the keynote address at the 111th Founders’ Day Lecture of King’s College, Lagos virtually.
Akande, in the statement titled, ‘Teaching young people integrity, innovation and hard work is the foundation of a good society,’ said Osinbajo also noted that the country’s economic aspirations and capacity to compete in the global economy depend on “how effectively we empower our people to fulfill their potential.”
Prof Osinbajo emphasized the need to teach young people that there were huge rewards for creativity, innovation with a culture of integrity in business and personal life, coupled with hard work and diligence.
His words:“When people are nurtured in the notion that rent seeking or the prebendal capture of wealth or benefit by access to power is the path to success, then the society will not prosper.
“A few will capture all the resources, everyone else will be poor or on their way there.”
