Home Business MEXICO’S EX-PRESIDENT CHARTS NEW PATH FOR ECONOMIC DEVELOPMENT

MEXICO’S EX-PRESIDENT CHARTS NEW PATH FOR ECONOMIC DEVELOPMENT

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TUNJI BOSUN

Former President of Mexico, Vincete Fox has said that for Nigeria and the African continent to attain rapid economic development , its leaders must develop passion and innovation to drive it to another level.

Fox said this at the Ogun State Investors Forum 2014, held in Abeokuta, Ogun State.

Speaking as the keynote speaker at the forum, Fox said the country needs to set a road map or pathway to start a journey that would upgrade it from its present status.

He stated that integration and unity among the countries should serve as a major ingredient that would move the country to a higher pedestal.

“Like the case of Latin America, those of us that are still far from attaining the status of developing nation, should learn from Mexico’s   success story. It shouldn’t take us anything to move from manufacturing economy to knowledge economy.

“Agriculture can help countries move to the next stage. It is only through the improvement of the economy that countries can move to the next level,” he said.

The former president, who revealed that his country accounts for 70 per cent of fruits consumed by Americans, lamented that agricultural technology today, is archaic, hence, the need for government to bring new technology to the people and provide enabling environment for investors .

“On Urban development, housing is the most investment to create jobs, but, in achieving this, there must be transparency and accountability, with private sector participation.

In his remarks, governor of the state Senator Ibikunle Amosun, said the development of the cities and towns is critical importance to growth, adding that he stands the importance of achieving this in a sustainable manner.

He opined that effective collaboration between government and business is a sine qua non for dealing with problems in societies today.

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