We’re committed to getting Nigeria out of recession – Buhari

We’re committed to getting Nigeria out of recession – Buhari
September 16 10:25 2016

President Muhammadu Buhari on Thursday said he and his cabinet members  are ready to ‘think out of the box’ to get Nigeria out of recession.

Speaking at a Ministerial Retreat on the 
Economy and the Budget with the theme “Building Inter-
ministerial Synergy for Effective Planning and Budgeting 
in Nigeria” held at the State House Conference Centre, Abuja, the President said: “The challenges we face in the 
current recession require ‘out-of-the-box’ thinking, to 
deploy strategies that involve engaging meaningfully with 
the private sector, to raise the level of private sector
 investment in the economy as a whole.”

He continued: “We are confident that the level of private investment will
 grow as we are determined to make it easier to do
 business in Nigeria by the reforms we are introducing
 under the auspices of the Presidential Committee on Ease 
of Doing Business.”

He said his administration will
 explore ways of turning the current challenges 
into opportunities for the youths.

“This is why we have embarked on measures and actions 
that will open up the opportunities we have seen in the
 Power, Housing, Agriculture, Mining, Trade and 
Investment, Information Communication Technology (ICT)
 Sectors, Tourism, Transport and other sectors.

“I wish to reassure its teeming youth that this
 Government would remain steadfast in its effort to ensure 
greater progress and prosperity for you.
“While Government is taking the lead in the task of
 repositioning our economy for Change, we cannot
 achieve this completely by ourselves. We will need, and
 we ask for the support and cooperation of the private 
sector’s domestic and foreign investors, the States and 
Local Governments, the National Assembly and the
Judiciary as well as all well-meaning Nigerians in this 
important task.

“We are confident that working together, we shall 
succeed,” the President said.