Court Dismisses Suit Seeking His Disqualification Presidential Candidate of the All Progressives Congress , Asiwaju Bola Tinubu on Friday unfolded his comprehensive economic plan before the organised private sector under the aegis of the Nigerian Economic Summit Group . The interaction, which was another opportunity for Tinubu to present his plans to another group of…
In a statement from Tinubu Media Office made available to The Guardian by Tunde Rahman, the dialogue gave him an opportunity to emphasise the importance of the private sector and his administration’s readiness to partner them. He continued: “I do not hold to the mainstream view that all forms of inflation are best tackled by interest rate hikes and shrinking the economy. Supply induced inflation does not lend itself to this harsh medicine, just as one does not cure a headache by plucking out one’s eye.
“It is based on this idea that I believe we must remove the PMS subsidy immediately. It has outlived its shelf life as a public good. We will neither subsidise neighbouring countries’ fuel consumption nor allow a select few to reap windfall profits and hoard products. He said his administration’s budgeting would be based on the projected spending levels needed to push real annual growth rate above 10 per cent, while reducing the unemployment rate, so that the economy could be doubled in seven years.
“Building on this foundation, we will accelerate the faithful implementation of the “Infrastructure Master Plan” by adopting proven financing structures till we deliver an acceptable stock of hard infrastructure through seaports and airports; and road, rail and water transportation linkages that can support our desired economic growth.
To solve this, he said his administration would improve transparency, moving toward a unified exchange rate. According to him, by relaxing stifling trade and capital control policies, domestic and foreign investors will be encouraged to invest more in the economy. “From music to movies to fashion, when elected, our Administration will create a legal environment that can attract much-needed private investment into the sector, eliminate widespread piracy and copyrights issues, as well as support the development of quality hard infrastructure needs.”
It argued that Shettima’s nomination to contest the position of vice president and Borno Central Senatorial seat contravened the law.
Na there Tinubu ho explain how Buhari borrowed N77trillion in an oil boom and still managed to make Nigeria the world poverty capital😳
Stop presenting your plans. Speak about it so Nigerians can see clearly you're suffering from Amnesia and have no retentive memory .