President Muhammadu Buhari said
yesterday that Nigeria is currently experiencing monumental challenges that means tough choices would have to be made.
Speaking in Abuja yesterday at the opening of the 21st Nigerian Economic Summit (NES), Buhari said there were also “incredible opportunities for achieving competitiveness.”
Represented by Vice President Yemi Osinbajo at the summit, he said: “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… We, as a government, are called upon to make tough choices in exchange for 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.”
Meanwhile, Governor Adams Oshiomhole of Edo State disclosed yesterday that oil-producing states will partner with the Nigerian National Petroleum Company (NNPC) to boost revenue.
He made the call in Abuja at the recent meeting of the Nigerian Governors’ Forum (NGF) while responding to the presentation by the NNPC at the meeting.
State governors commended President Muhammadu Buhari on what they described as the transparency he brought into governance since he came into office on May 29
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