President Muhammadu
Buhari, has on Thursday, September 15, maintained that his Ministers
are not doing enough to manage Nigeria’s economy, advising all
Ministries, Departments and Agencies, MDAs, to sit up and think outside
the box in fixing the current economic challenges.
The President made this known, while speaking at a Ministerial
Retreat on the Economy and the Budget, at the State House Banquet Hall
in Abuja.
He said, ”Indeed, the challenges we face in the current recession
require ‘out-of-the-box’ thinking, to deploy strategies that involve
engaging meaningfully with the private sector, to raise the level of
private sector investment in the economy as a whole.
“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,” Buhari said.
He noted, that the theme of the retreat, ‘Building Inter-Ministerial
Synergy for Effective Planning and Budgeting in Nigeria,’ was very apt
and timely, especially as ‘we are in the process of developing the 2017
Budget.’
According to sources, the President’s directive is coming at a time
when there have been series of calls to reshuffle his cabinet, as most
of his appointees have been accused of being incompetent.
Buhari Speaking further, decried that the Federal Ministries,
Departments and Agencies, had not benefited significantly from working
together, and building consensus around common national objectives,
thereby impending the development of the country.
The Minister of Finance, Kemi Adeosun, in her own remark,
sympathised with Nigerians on the state of the economy, assuring that
things would soon change for the better.
She said, “We did not anticipate the impact of the much awaited
crisis, which of course is built on our revenue which is down
significantly.
“We have a credible plan, and that plan is based on the need to
invest in our infrastructure, and each of the Experts spoke on that.
“That is the only solution for Nigeria to take us out of this situation, and we are working on that,” Adeosun said.
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