Buhari Proposes Fast-Track Solutions for Economic Rebound

Buhari Proposes Fast-Track Solutions for Economic Rebound

President Muhammadu Buhari has stated that the Federal Government was considering fast-tracking the solutions to bring about the much needed rebound in the country’s economic fortunes.

Buhari’s declaration comes in the wake of the Central Bank of Nigeria, CBN’s forecast that the country’s recovery from recession would begin in the last quarter of the year, specifically December.

The CBN timeline for recovery has been met with skepticism in the private sector, as experts, including the Manufacturers Association of Nigeria (MAN) opine that though the country had bottomed out on the recession, full recovery would take no less than 18 months to achieve, Vanguard writes.

Speaking at the Nigerian Institute of Management’s 2016 Annual Management Conference in Abuja, with the theme, Building a New Nigeria: Strategic Options and Policy Imperatives, President Buhari, represented by the Head of Civil Service of the Federation, Mrs. Winifred Oyo-Ita, solicited support of every Nigerian in the quest to move the country forward.

“The Nigerian project is faced with several challenges on every facet of the society and the solutions to these challenges must be fast tracked, if we must get the economy up and running again,” he said.

“I want to use this opportunity to urge other professional bodies, corporate bodies and well meaning Nigerians to emulate the kind gesture of NIM by lending their support to this administration, instead of sitting by to criticise every attempt at governance. It is by synergising with government that we can all build the Nigeria of our dreams.”

The president vowed to intensify his anti-corruption crusade until they were exterminated from all facets of the body polity.

“To set this country on the path of greatness and prosperity, complete elimination of all forms of corrupt practices must be on the front burner and our collective consciousness always. You will agree with me that great nation is the reward of great leadership built on good governance. This is our motivation and value proposition,” he stressed.