Harboursandport.com: Lagos --- By Victor Nnodim
The Director General of the Lagos State Chamber of Commerce and
Industry (LCCI), Mr. Muda Yusuf, has called on the Federal Government to take
charge and improve the education and health sectors in order to help curb the
imminent social crisis rocking the nation and enhance economic growth.
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| DG, Lagos State Chamber of Commence and Industry, Muda Yusuf |
Muda, who was one of the panelists at the Vanguard Economic
Discourse, an event organized by the Vanguard Media Limited, on the theme: “Human
Development Index Vs Economic Growth” recently held in Lagos, said that the
government owned schools and hospitals are no longer functioning, thereby
allowing private owners to dominate these two key sectors of the society.
“The public schools have practically collapsed. The public
health institutions have practically collapsed. We find a situation today where
you have more private schools in many of the states they are public schools. We
are faced with a situation today where we have more private hospitals than the
public hospitals that go to show the role that private hospitals are playing
even in the social sector space”
Mr. Yusuf also pointed out that scarcity of resources is what
has been preventing the government from taking up their responsibilities.
“It also underscores the fact that the resources of the states
are dwindling by the day and making it difficult for the government to
discharge some of its fundamental obligations in the social space namely, issue
of educations, health and even security” he added.
He further suggested that the federal government should have
re-think over the taxing policy on those private institutions that are
basically promoting human capital development in Nigeria.
“The Federal Government should not be taxing a private school,
either primary, secondary or university the way you are taxing a bank or an oil
company, because they are helping to support the government to deliver on some
key social objectives”
“They should grant them complete tax free and all the input
into the educational sector, either education material, laboratory materials
all this should come into the country free of import duty, so that the private
sector may be able to complement the effort of the government in delivering
quality human capital because we need human capital to drive the economy” he
concluded.
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