Ex-President Goodluck Jonathan had, Monday, delivered a speech on the promotion of youth entrepreneurship in Africa at Oxford Union.
The speech which many found captivating ( though with reservations in some quarters), giving its aptness, sought to woo more youths into being financially independent by being entrepreneurs instead of working for someone.
Below are pull-outs from his the speech that got everyone talking.
- 1) I once said that I was not elected President of Nigeria to spread poverty, I was elected to generate and spread wealth. My belief in this regard is that getting a job or being a worker cannot completely cure the disease of poverty. It is only your own business that can provide such security and give you the financial freedom you need to prosper.
- 2) Wealth is a creation of the human mind properly prepared by education. It is my firm belief that any Nation that does not spend its wealth and resources to developing the capacity of its youth will eventually be forced to devote its resources to fight insecurity amongst those same youths.
- 3) Within a year of my stewardship as the Governor of Bayelsa State, I gave Education a top priority.
- 4) We identified Nollywood as a sector that can employ many young people. We provided a grant of $200 million and for the first time, Nollywood became a major contributor to our GDP. In 2014, Nollywood contributed 1.4% to our GDP.
5) Despite incredible challenges, Nigerian youths are achieving great things and placing Nigeria positively in the world map. Nigerian youths are an inspiration to their leaders.
6) The issue of youth entrepreneurship in Africa is very critical, as Africa is the only continent in which we will witness a population boom in our lifetime.
7) This is because the richest people today are those who develop ideas and commercialize them. Viable ideas can only come from educated minds, and money pursues ideas.
8) We may not have been perfect, but we did our best, and our best yielded an era of unprecedented economic growth for Nigeria. A growth that proved the truism that a Nation’s wealth is not underneath the ground but between the ears of her people.
9) Under my watch, Nigeria was projected by CNN Money to be the third fastest growing economy in the world for the year 2015 and rated as the largest economy in Africa and the 23rd in the world by the World Bank and the IMF, with a GDP above half a Trillion US dollars.
10) In Nigeria and most African countries, there are well-educated young people. The problem is how to create opportunities for them.