Vice President Kashim Shettima on Saturday in Ibadan stated that Nigeria’s private sector has a huge role in the country’s development.

Mr Shettima stated this at an event at the University of Ibadan to honour the late former governor of Oyo State, Abiola Ajimobi.

The vice president, represented by Bashir Maidugu, his Senior Special Adviser (SSA) on Legal Services, said it was already a fact that the government has limited resources to meet the demands of Nigerians.

“We all know that the government has many things to deal with, all of them with their competing needs, yet there are limited resources.

”The private sector has to fill in the gap at this point, and this is why the government will continue to work with the private sector for rapid development of Nigeria,” he said.

Mr Shettima then urged Nigerians to continue to do the right things and live peacefully with one another for the peace and unity of Nigeria.

The sixth edition of the annual Senator Abiola Ajimobi Foundation (SAAF) and Mr Ajimobi’s 74th post-humous birthday theme was “Re-Engineering Nigeria For Sustainable Development: Options, Costs and Prospects”.

The event’s lead speaker, the pioneer dean of Unibadan’s Faculty of Multidisciplinary Studies, Isaac Albert, said Nigeria could be ranked among the best in the world.

”But this will be if there is the political will to revive it by its leaders,” he said.

Mr Albert said Nigeria’s leaders must muster the political will for progress and sustainable development.

(NAN)