• About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, July 2, 2025
  • Login
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
Advertisement
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
No Result
View All Result
Home Cover

Atiku lists priorities if elected president

Hassan Tanko by Hassan Tanko
September 14, 2022
in Cover
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

*Says he will cut tax, remove electricity sector from exclusive list, sell refineries, among other economic priorities

Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has proposed a number of measures, including tax waivers, to stimulate growth in Nigeria’s economy. 

Atiku made the disclosures during a meeting with leaders of the private sector at the Lagos Chamber of Commerce and Industry on Tuesday, September 13. 

The former Vice President, who says the private sector is key to any government’s development agenda, promised to extend a warm handshake to it if elected President. And by doing so, he says Nigeria’s GDP can be doubled by 2030 through the reduction of government’s influence and the promotion of private-sector-led development. 

He says he would be willing to give tax concessions for sectors of the economy that create jobs, or invest in critical sectors, like building a railing from Akwa Ibom to Maiduguri.

On exchange rate, Atiku says under his watch, while the Central Bank of Nigeria (CBN) will be allowed the independence to pursue its mandate of regulation, such must not be at the expense of  encouraging capital inflows.  

On electricity, the former Vice President says an emergency will be declared in the sector. 

Atiku said he would propose legislation for the removal of the entire electricity value chain from the exclusive list and give states the power to generate, transmit and distribute electricity for themselves.

“One lesson we have learnt is that an industrial dispute with the FG in Abuja should not affect an industry in Lagos or factory in Aba or in Kano or even an average Nigerian who just wants to get home, watch the news and sleep under a ceiling fan.”

Atiku says he will reduce poverty by creating an economic stimulus fund within the first 100 days in office of about $10 billion to support MSMEs across all the economic sectors because they offer the greatest economic opportunities to achieve economic growth. 

The PDP presidential candidate says if elected, his government would stop supporting ailing state-owned enterprises. He envisages that in the medium term, recurrent expenditures should not exceed 45% of the budget. 

He says fuel subsidy will go and the money plowed into the critical sectors of education and health. 

In his remark, LCCI president, Dr Michael Olawale-Cole said while the chamber is non-partisan, it is however interested in the economic agenda of the candidates and their plans to make a better Nigeria in the next dispensation. 

He says: “The chamber is aware of the overshadowing effect of politics over economics in managing the Nigerian economy and would therefore wish to contribute to the setting of a new economic order that can take our economy from the doldrums. New policy directions, institutional reforms, and sound governance are critical to creating a new economic order in nigeria. This is why we are gathered here today!!”

Previous Post

How American Officer offered me money to bomb hotel in Kaduna — Mahdi Shehu

Next Post

DSS secures order to detain bandits’ negotiator, Mamu, for 60 days

Next Post

DSS secures order to detain bandits’ negotiator, Mamu, for 60 days

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://youtu.be/FHyJ1Wr0FAk?si=0WVYI_2OR4OrIrQ4
https://youtu.be/gbE3azm_Io0?si=GdE3Mqelo1ujTNla
Nzelu offers tips on constitutional review
News

Nzelu offers tips on constitutional review

by Maurice Okosisi
July 2, 2025
0

Barr. Amobi Nzelu, Principal Partner at Chinenye Chambers, Abuja, has shared his views on the Senate Committee on Constitutional Review's...

Read moreDetails
Resource control fuelling Benue massacres, not grazing – Rights Lawyer 

Resource control fuelling Benue massacres, not grazing – Rights Lawyer 

July 2, 2025
Saint Lucia confers the highest national honour on Tinubu

Saint Lucia confers the highest national honour on Tinubu

July 2, 2025
NNPCL announces milestone on AKK Pipeline, records 100% crude oil pipeline availability 

AKK Gas pipeline project successfully crosses River Niger – NNPC

July 2, 2025
NDDC, LIFE-ND boost agricultural transformation agenda

NDDC, LIFE-ND boost agricultural transformation agenda

July 2, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Homepage

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng