The Federal Goverrnment under the leadership of President Muhammadu Buhari has been tasked to create and implement right policies that would aid effective contributions of the private sector towards the nation’s economic recovery. Delivering a key note address during a one-day empowerment training programme tagged “Towards A Promising Future for Ife Youths Through Entrepreneurship”, which was held inside Obafemi Awolowo University (OAU), Ile-Ife, on Friday, Senator Segun Bamigbetan-Baju said there was critical need for the government to create enabling environment and policies that would further enhance active involvement of the private sector in serving as catalyst for economic rejuvenation.
He maintained that “though the private sector is contributing its quota to economic growth, but they could do more if the create and effectively implement right economic polices that would complement the involvement of this sector.
According to him, “the federal government has the responsibility to create right policies. As it is, the private sector is still not contributing enough to the national economy. The policies right now are not very good. The right environment has not been provided and that is good policies.