“Implementation of the plan will be driven by strong political will and strong collaboration between the public and private sectors especially in the areas of Agriculture, Manufacturing, Solid Minerals, Services and Infrastructure.”
Browsing: President Muhammadu Buhari
The proposed amendment, it said, could directly affect some $25 billion worth of foreign investments as well as another 18,000 Nigerian jobs linked to NLNG’s Trains 7 and 8 expansion programmes, adding that this will negate the job creation and job security policy being propagated by the current administration.
“The stakeholders strongly opposed the peddling of refined petroleum products across the Nigerian borders to neighbouring countries and would therefore apply strict sanctions against any member of the oil marketing associations found culpable in this regard.”
The war against corruption is one of the cardinal objectives of the President Muhammadu Buhari-led government which took over in May 2015.
Orji stated: “The plan also identified the need for capacity building for all stakeholders expected to be involved in the implementation given the complexity of the extractive industries in Nigeria and highlighted the need for public education and enlightenment on the principles and benefits of Beneficial Ownership disclosures.”
“Before now, there were a lot of doubts whether the Federal Government actually had the political will resolve the issues or whether they were only talking for the sake of talking. It has become abundantly clear that the Federal Government is committed to the resolution to the conflict and stability and development of the Niger Delta region.”
“PANDEF is confident that the vice president’s visit has afforded him the opportunity to interact for peace and fruitful engagement with the long-neglected and marginalised people of the Niger Delta,” it added.
The Senator also told reporters that President Muhammadu Buhari’s administration inherited N88 billion liabilities from ongoing dam projects across the country.
He said, “Hopefully, if we pass this MTEF/FSP, we will be in the position to comment on the consideration of the 2017 budget by next week. It is therefore important that we conclude the discussion on this subject and ensure that it is passed today.”
Authorities want to revive it as part of Buhari’s efforts to lessen the economy’s dependence on crude, which accounts for 90% of export earnings and the price of which has dropped 62% from a 2008 record. Ajaokuta cost more than $4.5-billion from 1979 to 1993, according to the World Bank.
