The Nigeria Economic summit 2015 is presently going on in Abuja and our Vice president Prof Yemi Osinbajo was there on Day 1 with focus on how Nigeria can make through the tough choices necessary on achieving growth and global competitiveness.
In a presentation ,as given by our own Vice president promised that the Federal Government will continue to work with Nigeria economic summit group(NESG) and other stakeholders in the private sector to ensure that most of the recommendations from the summit would be looked at and implemented to a large extent.
He said “Professionalism is being encouraged, aimed at entrenching the culture of integrity, accountability and rule of law in the system. We also aimed at creating the enabling environment to enhance competitiveness to thrive for institutional reform. In terms of specific, some of the institutional reform issues include revenue diversification issues, and efficiency of tax collection.
“In terms of policy coordination, we are working together with the states. We are presently trying to put together to produce the document for economic planning in the nearest future. Nigeria being a federation, we have initiated collaboration between the federal and states for the economies of the states and federal government. In terms of working together, the National Economic Council (NEC) is coordinating and in the meetings, we were able to take on power and agriculture.
“The absence of proper coordination had created difficulties in the past, hence the reason for this initiative for proper harmonization and coordination of government policies. We have tried to adopt the policy of transparency on the federation earnings, which had always been an issue between the states and federal government.
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| Mr Vice President giving his speech at the summit |
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