Today’s need mustn’t compromise future – Finance Minister

All infrastructure projects now PPP driven ― FG

All infrastructure projects now PPP driven ― FG

By Emma Ujah

The Minister of Finance, Budget and national Planning, Mrs. Zainab Ahmed, has said that  the future of the nation should not be compromised by the attempts to meet current needs.

She added that policy changes towards achieving the national economic growth desired by Nigerians must be sustained.

He words, “The required investments and policy changes must be implemented in a sustainable and inclusive manner, ensuring that the needs of the present do not compromise the prosperity of future generations.

“Thus, in developing interventions, the wellbeing of present and future citizens of Nigeria must be guaranteed

The Nigeria I envision

The minister said that she envisioned a Nigeria where citizens lived above poverty , with access to education, health and other social amenities.

According to her, “I envisioned a Nigeria with a majority of the citizens lifted out of poverty and given access to fundamental services such as education, healthcare, water supply and sanitation, in line with the policy direction of the present Administration.

“I envision a future with economic growth led by a thriving and innovative private sector resulting in a diversified economy with non-oil taxes as the major source of government revenue and the non-oil economy driving export expansion and accretion to our foreign reserves.

“I see a future where our young and vibrant population is driving growth in high valueadded services in the digital economy and professional, scientific and technical services.

“I envision a globally competitive Nigeria at the forefront of advances in medium and high-tech manufacturing, characterised by increased product complexity and leveraging on our natural endowments. 8. Lastly, I envision a future that is safe and secure, in which Nigerian citizens and foreign investors can trade and conduct business transactions with ease.

“This future we all crave will be achieved by the dedication and hard work of all stakeholders, with leadership at the Federal, State and Local Government levels and in collaboration with the corporate sector.”

Shift in attitude to tax and public finance management

Mrs. Ahmed urged the private sector to show greater commitment to growing the economy and driving the overall development of the nation.

She said, “The business sector is a key engine of growth that must play a crucial role in achieving the future we envisage. To realize this future, a paradigm shift is incontrovertible.

“This will entail comprehensive and targeted reforms, a reorientation of our national values, and a radical shift in our attitudes to taxation and public financial management.

“This is consistent with the focus of this Administration on targeted investment in critical infrastructure and social development.”

Vanguard News Nigeria

Become Rich Africa


Leave a Reply

Your email address will not be published.

Be Part of our
Business Forum

Join our Business Forum & meet other elites like you.
Ask questions, get answers & Enjoy new experiences!

Developed by BRA IT Team