Tuesday 22 March 2016

Buhari Tables Proposal for Rescuing Economy as He Opens a 2-day NEC Retreat Today (Photos)

While declaring open the National Economic Council's two-day retreat today at the State House Old Banquet Hall in Abuja, President Buhari, has tabled proposal for rescuing Nigeria's troubled economy
President Buhari declares open the National Economic Council retreat at the State House Old Banquet Hall in Abuja. 
 
President Muhammadu Buhari has proposed ways of reinvigorating Nigeria’s wobbling economy as the National Economic Council begins a two-day retreat in Abuja.
 
The President, who delivered the keynote address at the opening of the retreat, said there is unanimity of opinion in Nigeria that the nation’s economy is in bad shape.

President Buhari with L-R: Minister of Budget and National Planning Sen. Udoma Udo Udoma, Vice President Yemi Osinbajo, Governor of Zamfara and Chairman Governor's Forum Abdulaziz Abubakar Yari, Former Cabinet Minister and Economic Adviser to the Prime Minister of India Prof. Montek Singh Ahluwalia, Secretary to the Government of Federation Babachir Lawal and Chief of Staff Abba Kyari.
 
Based on the generality of opinion of Nigerians at his disposal, the president said four key areas, namely agriculture, power, manufacturing and housing requires urgent attention to revive the economy, adding that he was making no suggestions on "Education, Science and Technology pointedly because these related subjects require a whole retreat by themselves."
 
The president subsequently made some proposals to NEC to consider as the body seeks solution for the country’s ailing economy.
 
Click here to read the President's full speech as released by Garba Shehu, the presidential senior special adviser on media and publicity.

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