President Muhammadu Buhari says the country is in a terrible state of underdevelopment and more is needed to steer the economy from this path.
The president made these remarks on Tuesday when he held a virtual meeting with members of the presidential economic advisory council (PEAC).
“We are a country characterised by a large population of poor people, serious infrastructure deficit, lack of housing and a vulnerable economy now haunted by the COVID-19 pandemic and collapse of the oil sector and its effect on the gross domestic product (GDP),” he said.
During their presentation, the council led by Doyin Salami, commended the administration for implementing several of its recommendations.
According to a statement signed by Garba Shehu, senior special assistant to the president on media and publicity, the council presented the government with a number of “tough choices to make in order to put the country’s economy on a higher growth path”.
Salami also said more needed to be done to increase efficiency, coordination and accountability among ministries, departments and agencies.
No comments:
Post a Comment
Disclaimer
Comments And Opinions On Any Part Of This Website Are Opinions Of The Writers Or Anonymous Persons And They Do Not Represent The Opinions Of Ella's Media
Pictures and culled stories posted on this site will be given due credit and is not the fault of Ella's Media if they are NOT given original credit from website culled from.
N:B. If you have a complain or story, please contact Ella's Media via nuellaopeters@gmail.com or +2348068124206