FG: Nige­ria in time of mon­u­men­tal chal­lenges, tough choices

Daily Trust - - NEWS - By Isi­aka Wak­ili

Pres­i­dent Muham­madu Buhari has said that the coun­try is cur­rently in a pe­riod of mon­u­men­tal chal­lenges and tough choices.

Pres­i­dent Buhari stated this in Abuja yesterday at the open­ing of the 21st Nige­rian Eco­nomic Sum­mit with the theme “Tough Choices: Achiev­ing Com­pet­i­tive­ness, In­clu­sive Growth and Sus­tain­abil­ity.”

He, how­ever, added that the coun­try was also at a time of what he de­scribed as in­cred­i­ble op­por­tu­ni­ties for achiev­ing com­pet­i­tive­ness.

“We are at a time of mon­u­men­tal chal­lenges and tough choices, but also a time of in­cred­i­ble op­por­tu­ni­ties for achiev­ing com­pet­i­tive­ness, in­clu­sive growth and sus­tain­abil­ity,” the pres­i­dent said.

Buhari, whose speech was read by Vice Pres­i­dent Yemi Os­in­bajo, also stated that he was called upon to clean up the mess and re­build the in­sti­tu­tions that cor­rup­tion had rav­aged over the years.

“We, as a gov­ern­ment, are called upon to make tough choices in ex­change con­trol re­stric­tions, al­ter­ing the ab­surd re­cur­rent to cap­i­tal ex­pen­di­ture ra­tio, re­duc­ing the deficit and re­duc­ing the over­all size of gov­er­nance. We are called upon to clean up the mess and re­build the in­sti­tu­tions that cor­rup­tion has rav­aged over the years,” the pres­i­dent said.

Pres­i­dent Buhari said his gov­ern­ment would build an eco­nomic model that would in­volve sub­stan­tial so­cial in­vest­ment over the next three years.

“We are re­dress the high growth com­pelled para­dox fig­ures to of and widen­ing in­equal­ity, ris­ing un­em­ploy­ment and poverty. It is ev­i­dent that any eco­nomic model that leaves nearly half of the cit­i­zenry be­hind re­quires re-think­ing. This is why our eco­nomic model would in­volve sub­stan­tial so­cial in­vest­ments over the next three years,” he said.

Dur­ing the Pres­i­den­tial Pol­icy Di­a­logue, the vice pres­i­dent said the Con­di­tional Cash Trans­fer pol­icy and the re­newed sup­port for medium and small en­ter­prises would gen­er­ate em­ploy­ment as well as re­duce poverty, so­cial ten­sion and crim­i­nal­ity. The House of Rep­re­sen­ta­tives yesterday urged the fed­eral min­istry of works to ur­gently ini­ti­ate the process of re­con­struct­ing and du­al­iz­ing the Gwarzo-Dayi road in Kano State.

The House took the de­ci­sion af­ter adopt­ing a mo­tion by Rep Nasiru Sule Garo (APC, Kano) and 21 oth­ers.

The House noted that the road had been in a state of dis­re­pair as a re­sult of which many lives and prop­erty were lost daily.

Garo noted that only re­cently, a for­mer zonal di­rec­tor of the Fed­eral Ra­dio Cor­po­ra­tion of Nige­ria (FRCN) Halilu Ah­mad Getso lost 11 mem­bers of his fam­ily on the road as a re­sult of an ac­ci­dent that claimed 14 lives.

Con­se­quently, the House urged the Fed­eral Roads Main­te­nance Agency (FERMA) to im­me­di­ately com­mence re­me­dial works to al­le­vi­ate the suf­fer­ing of peo­ple ply­ing the road, pend­ing when con­struc­tion proper be­gins.

In another mo­tion, the House urged FERMA to un­der­take an emer­gency main­te­nance works to ame­lio­rate the suf­fer­ing of com­muters on Iruekpen-Ehor sec­tion of the Auchi-Ekpoma-EhorBenin City high­way.

Pass­ing the mo­tion spon­sored by Rep Pa­trick Aisowieren, the law­mak­ers also urged the fed­eral min­istry of works to di­rect the con­trac­tors han­dling the road pro­ject to re­turn to site to com­plete the work.

Photo: State House

Vice Pres­i­dent Yemi Os­in­bajo be­ing con­ducted round ex­hi­bi­tion stands at the 21st Nige­rian Eco­nomic Sum­mit, Abuja yesterday.

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