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State house briefing: Buhari pleased with economic progress

by ELIZABETH ARCHIBONG, Abuja

August 28, 2017 | 2:56 pm
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Presidency Muhammadu Buhari on Monday declared that he is pleased with the level of progress made on different fronts of the economy.

A statement by Presidential Spokesman Femi Adesina said the President met for about two hours with members of his cabinet in charge of the financial sector to receive update on the state of the country’s economy.

At the meeting issues relating to monetary policy strategies and their economic impact were discussed.

Buhari returned to the country penultimate Saturday after over 100 days of medical vacation in London, United Kingdom, during which time Vice President Yemi Osinbajo ran the affairs of the country and the economy.

“For almost two hours, President Muhammadu Buhari Monday received briefing from the Minister of Budget and National Planning, Senator Udoma Udo Udoma, the Minister of Finance, Kemi Adeosun, and Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, after which a delighted President declared that he was pleased with the progress being made on different fronts.

“The Ministers and CBN Governor updated the President on the improving state of the economy, implementation of the 2017 Budget, preparation for the 2018 Budget, revenue strategies, combined cost reduction and debt management” the statement .

Reminding the Ministers and CBN Governor that reviving the economy was one of the major planks on which the campaign of his party, the All Progressives Congress (APC), was based, the President expressed gladness that things were looking up after two years of yeoman’s job.

Urging them to keep at it, the President noted that “the main aim of government was to bring succour to Nigerians across all walks of life”.

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by ELIZABETH ARCHIBONG, Abuja

August 28, 2017 | 2:56 pm
  |     |     |   Start Conversation

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