L
LequteMan
Guest
Nigeria's President Goodluck Jonathan has said that the 2015 budget was dedicated to diversify the country's economy and shield the poor and the low and medium income earners from the negative impact of declining oil prices on the economy.
The 2015 Federal budget is currently before the National Assembly waiting for approval.
He said the budget measures to ensure that the country’s development plans and national economy were not adversely affected.
Despite experiencing “the most trying circumstances” in the past four years, Jonathan said his administration was determined to lay the foundation for a vibrant economy in 2015 and focus on policies to accelerate the diversification of the country’s economic base.
The president said those policies would be aimed at promoting the expansion of the non-oil sector, which, he noted, had become a major driver of growth in the economy, growing by an average of 8 per cent in the last four years.
In addition to programmes to sustain the progress so far made in priority areas of the economy, the president said his administration would in the New year strive to promote initiatives to ensure economic stability and attract significant Foreign Direct Investment, FDI
#Nigeria #Jonathan
The 2015 Federal budget is currently before the National Assembly waiting for approval.
He said the budget measures to ensure that the country’s development plans and national economy were not adversely affected.
Despite experiencing “the most trying circumstances” in the past four years, Jonathan said his administration was determined to lay the foundation for a vibrant economy in 2015 and focus on policies to accelerate the diversification of the country’s economic base.
The president said those policies would be aimed at promoting the expansion of the non-oil sector, which, he noted, had become a major driver of growth in the economy, growing by an average of 8 per cent in the last four years.
In addition to programmes to sustain the progress so far made in priority areas of the economy, the president said his administration would in the New year strive to promote initiatives to ensure economic stability and attract significant Foreign Direct Investment, FDI
#Nigeria #Jonathan
