Abuja, Aug. 29, 2023 – The Federal Government has released an eight-point agenda to turn the economy around and improve the living standard of Nigerians.
Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, presented the “Roadmap for the Economy” to State House correspondents after the Federal Executive Council meeting on Monday.
He listed the agenda to include food security, ending poverty, economic growth and job creation, access to capital, improving security, improving the playing field on which people and particularly companies operate, rule of law and fighting corruption.
Edun said the FEC had set a target of three years to deliver on the roadmap, adding that the president had given a marching order to the ministers to map out policies to achieve the targets.
“First, he (President Tinubu) congratulated everybody and emphasised the high expectations of Nigerians and he encouraged us to be bold and courageous and innovative and to act with urgency in delivering a better life to all Nigerians.
“Essentially, we went through an exercise of looking at where things stood, regarding the economy, the growth rate, the exchange rate, inflation, unemployment and so on.
“The overriding conclusion is that we’re not where we should be and we also examined the president’s eight-point agenda, that is the eight priority areas for moving the Nigerian economy forward and for delivering to Nigerians and those are basically food security; ending poverty, economic growth and job creation, access to capital, particularly consumer credit, inclusivity in all its dimensions, particularly as regards youths and women, improving security, improving the playing field on which people and particularly companies operate, rule of law and of course, fighting corruption.
“It is around those matrixes that the plans and the targets of what will be delivered in the next three years or so were identified, discussed and imputes were given by various ministers and we’ll now go away with the marching order to refine further the targets in particular and within weeks to start rolling out policies and programmes to turn around the economy and make things better for all Nigerians.
“That really is the substance of what the discussions were all about.” (GBN)
