Business 3 Important Things Buhari Said at Retreat Organized to Pull Nigeria Out of Recession

L

LequteMan

Guest
President Muhammadu Buhari on Thursday was at a cabinet retreat where resource persons and several technicians gathered to proffer solutions to Nigeria's economic troubles. The retreat is also expected to provide a framework for Nigeria's 2017 budget.

Here are 3 noteworthy important things he said at the retreat:

  • "...let me inform you that because of the need to focus on our key priorities, some Ministries may get significantly less capital allocation than they received in 2016, while others may get significantly more.

On inviting Infrastructure Concession Regulatory Commission (ICRC), the Bureau of Public Enterprises (BPE), the National Sovereign Investment Authority (NSIA) and the National Pension Commission (PENCOM), to the retreat.

  • "...This deliberate inclusion underscores the commitment of this Administration to leverage on private sector resources, through Public Private Partnerships (PPP) and other arrangements, in order to augment the scarce budgetary resources at our disposal and to accelerate investments in building critical infrastructure.
  • "..we are confident that the level of private investment will grow as we are determined to make it easier to do business in Nigeria by the reforms we are introducing under the auspices of the Presidential Committee on Ease of Doing Business.

Read full speech: What President Buhari Told Ministers, Experts At Economic Retreat
 

Attachments

  • buhari portrait.jpg
    buhari portrait.jpg
    43.3 KB · Views: 4
Back
Top