6 issues Buhari should have emphasised at economic retreat

6 issues Buhari should have emphasised at economic retreat

The retreat which is presided over by the vice president, Professor Yemi Osinbajo, had in attendance, state governors, Central Bank of Nigeria (CBN) governor, Godwin Emefiele and other stakeholders. Ministers of the federal republic were not left out.

The president in his address, talked about the prevailing economic situations in the country with a view to finding a lasting solution within the next three years of his administration. But some Nigerians are skeptical about the president’s address, pointing out that Buhari did not explain in-depth how he plan to empower some vital sectors that can swiftly help in transforming the economy drastically.
Below are six things the president was expected to lay emphasis on during his speech at the just concluded retreat.

1. There was no emphasis or point targeted at re-engineering of the private sector for employment generation.

2. It is a known fact that government alone cannot boast of providing employment for the country’s teeming youths, hence it would have be pertinent for the president to mention how his administration plan to model its policies to make it conducive for the real sector to thrive.

3. Pressing issues bordering on multiple taxation and difficulty in accessing needed foreign exchange for raw materials and spares should have been vigorously addressed.

4. The president should have told Nigerians how the private sector would be encouraged and regulated because the more the private sector develops, the more jobs are created.

Osinbajo NEC

 

5. The other important point is that President Buhari should have explained to Nigerians how he intends to make contracts bidding and award process more transparent to minimize corrupt insider activities.
6. President Buhari did not tell Nigerians how his government plans to curb a situation where civil servants award most of the jobs to themselves and their proxies.
The president should critically look into these few aforementioned points and find ways of solving them once and for all, especially as he is the alleged messiah most Nigerians have been waiting for.
The issues and policies discussed at the forum obviously did not go well with Ekiti state governor, Ayodele Fayose, who in a statement issued on March 25 by his special assistant on public communications and new media, Lere Olayinka, described the just-concluded national economic council (NEC) retreat as mere jamboree.
The governor stated that the economic retreat further display to Nigerians that the All Progressives Congress (APC)-led federal government “lacked economic blueprint as the president is still talking the way he talked while seeking for votes from Nigerians.” Fayose said the event was a waste of over N250 million public funds because most of the resource persons were the same people who ran their states agroun.

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