ABUJA—THE President- elect, General Muhammadu Buhari yesterday
painted a gloomy picture in the economic development of his administration as
he said that the decline in the revenues due to fall in oil prices poses a
great threat to his administration’s development agenda.
Gen. Buhari who visited the newly elected Senators and House
of Representatives members who are undergoing induction course in preparation
for the 8th National Assembly in Abuja also said that the decline in revenue
would affect the reconstruction of devastated areas in the country as a result
of insurgency.
He reminded the elected members of
the 8th assembly of the challenges the nation had been facing which he also
said would continue in the near future.
The challenges according to him
include general insecurity and insurgency that has caused extreme human
hardship and destruction of lives, livelihoods that would take over a decade to
rebuild across most of North Eastern Nigeria and some parts of North western
Nigeria.
Another threat to his administration
according to him was the devastation and environmental degradation in the Niger
Delta area which he said must be attended to.
Others include, “endemic corruption
which has crippled human and infrastructure development for decades.
Unacceptably poor provision of power supply which has had a crippling effect on
development of small businesses and indeed the wider economy.
“Deindustrialization for the past
three decades leading to closure of many industries and migration of many to
other African countries. Unacceptably high levels of unemployment and
especially Youth Unemployment reaching over 40 per cent.”
Besides, Gen. Buhari mentioned high
cost of governance that has been crowding out the nation’s capital and human
development, erosion of public social services such as infrastructure, health
and education as well as lack of development in the agricultural and solid
mineral sectors as areas that should be aggressively addressed.
While soliciting the support of the
lawmakers, the President-elect said, “The legislature is a critical component
and necessary ingredient of democracy and good governance. The legislature by
nature is inherently democratic in the sense that all members are equal and are
elected representatives of the Nigerian people.
“As President-elect, I recognize
this fact and believe that legislators carry this heavy burden of
representation with all the seriousness it deserves.
“For a president to be successful in
addressing community development and general welfare of the various people of
the country, he or she would benefit from working closely and in harmony with
the legislative arm of government.
“I therefore commit myself to
working with the legislature as development partners motivated by the desire to
deliver good governance”.
He commended President Goodluck
Jonathan for the role he played in the sustenance of democratic institution by
accepting election result, saying that Nigeria was in the threshold of history.
Bemoaning high cost of governance,
he said, “First and foremost, appropriate policies need to be put in place and
such policies may have to be translated into laws.
“Secondly, the oversight functions
of the legislature is critical in ensuring that policies are implemented
effectively and transparently. Therefore, my mission to bring integrity into
governance would better succeed if complemented with a strong culture of
transparent oversight.
“We need to collaborate on the
budget process and restructuring of the public sector so as to collectively
tackle the menace of high recurrent cost at the expense of capital and human
development.”
“There is an urgent need to contain
this high state of insecurity. All of you are representing various communities.
We need to work together to address the problem from both its roots and
manifestations.
“The strongest mitigating forces at
this point are to redress the power sector deficits, encourage investments that
are job creating and focus on human development and reconstruction. We also
need to deploy efforts in conflict resolution and peace building in all our
communities.
“I am here today, to invite you to
work with the executive as partners in progress, as champions of good
governance and development and as warriors for change. Together, we can make
this nation great and as a role model in Africa and other emerging economies
and democracies.”
President of the Senate and Chairman
of the National Assembly, David Mark, who ushered in the President-elect into
the International Conference Centre, in company of other leaders of the
National Assembly, described the visit as historic.
Noting that it was the first time a
President-elect was considering it worthwhile to address a joint session of the
National Assembly, Mark agreed it was a historic meeting in the journey of
democracy.
For the Speaker, House of
Representative and Governor-elect, Sokoto State, Honourable Aminu W. Tambuwal,
Buhari has extended a hand of fellowship to the legislature by his personal
visit.
Tambuwal however expressed hope that
his colleagues would reciprocate Buhari’s gesture by also extending a sincere
hand of fellowship to the President-elect when his government fully takes over
source://www.vanguardngr.com
Falling oil prices threaten my agenda — Buhari
By Johnbosco Agbakwuru
ABUJA—THE President- elect, General Muhammadu Buhari yesterday painted a gloomy picture in the economic development of his administration as he said that the decline in the revenues due to fall in oil prices poses a great threat to his administration’s development agenda.
Gen.
Buhari who visited the newly elected Senators and House of
Representatives members who are undergoing induction course in
preparation for the 8th National Assembly in Abuja also said that the
decline in revenue would affect the reconstruction of devastated areas
in the country as a result of insurgency.
He reminded the elected members of the 8th assembly of the challenges the nation had been facing which he also said would continue in the near future.
The challenges according to him include general insecurity and insurgency that has caused extreme human hardship and destruction of lives, livelihoods that would take over a decade to rebuild across most of North Eastern Nigeria and some parts of North western Nigeria.
Another threat to his administration according to him was the devastation and environmental degradation in the Niger Delta area which he said must be attended to.
Others include, “endemic corruption which has crippled human and infrastructure development for decades. Unacceptably poor provision of power supply which has had a crippling effect on development of small businesses and indeed the wider economy.
“Deindustrialization for the past three decades leading to closure of many industries and migration of many to other African countries. Unacceptably high levels of unemployment and especially Youth Unemployment reaching over 40 per cent.”
Besides, Gen. Buhari mentioned high cost of governance that has been crowding out the nation’s capital and human development, erosion of public social services such as infrastructure, health and education as well as lack of development in the agricultural and solid mineral sectors as areas that should be aggressively addressed.
While soliciting the support of the lawmakers, the President-elect said, “The legislature is a critical component and necessary ingredient of democracy and good governance. The legislature by nature is inherently democratic in the sense that all members are equal and are elected representatives of the Nigerian people.
“As President-elect, I recognize this fact and believe that legislators carry this heavy burden of representation with all the seriousness it deserves.
“For a president to be successful in addressing community development and general welfare of the various people of the country, he or she would benefit from working closely and in harmony with the legislative arm of government.
“I therefore commit myself to working with the legislature as development partners motivated by the desire to deliver good governance”.
He commended President Goodluck Jonathan for the role he played in the sustenance of democratic institution by accepting election result, saying that Nigeria was in the threshold of history.
Bemoaning high cost of governance, he said, “First and foremost, appropriate policies need to be put in place and such policies may have to be translated into laws.
“Secondly, the oversight functions of the legislature is critical in ensuring that policies are implemented effectively and transparently. Therefore, my mission to bring integrity into governance would better succeed if complemented with a strong culture of transparent oversight.
“We need to collaborate on the budget process and restructuring of the public sector so as to collectively tackle the menace of high recurrent cost at the expense of capital and human development.”
“There is an urgent need to contain this high state of insecurity. All of you are representing various communities. We need to work together to address the problem from both its roots and manifestations.
“The strongest mitigating forces at this point are to redress the power sector deficits, encourage investments that are job creating and focus on human development and reconstruction. We also need to deploy efforts in conflict resolution and peace building in all our communities.
“I am here today, to invite you to work with the executive as partners in progress, as champions of good governance and development and as warriors for change. Together, we can make this nation great and as a role model in Africa and other emerging economies and democracies.”
President of the Senate and Chairman of the National Assembly, David Mark, who ushered in the President-elect into the International Conference Centre, in company of other leaders of the National Assembly, described the visit as historic.
Noting that it was the first time a President-elect was considering it worthwhile to address a joint session of the National Assembly, Mark agreed it was a historic meeting in the journey of democracy.
For the Speaker, House of Representative and Governor-elect, Sokoto State, Honourable Aminu W. Tambuwal, Buhari has extended a hand of fellowship to the legislature by his personal visit.
Tambuwal however expressed hope that his colleagues would reciprocate Buhari’s gesture by also extending a sincere hand of fellowship to the President-elect when his government fully takes over
ABUJA—THE President- elect, General Muhammadu Buhari yesterday painted a gloomy picture in the economic development of his administration as he said that the decline in the revenues due to fall in oil prices poses a great threat to his administration’s development agenda.
G
en.
Buhari who visited the newly elected Senators and House of
Representatives members who are undergoing induction course in
preparation for the 8th National Assembly in Abuja also said that the
decline in revenue would affect the reconstruction of devastated areas
in the country as a result of insurgency.He reminded the elected members of the 8th assembly of the challenges the nation had been facing which he also said would continue in the near future.
The challenges according to him include general insecurity and insurgency that has caused extreme human hardship and destruction of lives, livelihoods that would take over a decade to rebuild across most of North Eastern Nigeria and some parts of North western Nigeria.
Another threat to his administration according to him was the devastation and environmental degradation in the Niger Delta area which he said must be attended to.
Others include, “endemic corruption which has crippled human and infrastructure development for decades. Unacceptably poor provision of power supply which has had a crippling effect on development of small businesses and indeed the wider economy.
“Deindustrialization for the past three decades leading to closure of many industries and migration of many to other African countries. Unacceptably high levels of unemployment and especially Youth Unemployment reaching over 40 per cent.”
Besides, Gen. Buhari mentioned high cost of governance that has been crowding out the nation’s capital and human development, erosion of public social services such as infrastructure, health and education as well as lack of development in the agricultural and solid mineral sectors as areas that should be aggressively addressed.
While soliciting the support of the lawmakers, the President-elect said, “The legislature is a critical component and necessary ingredient of democracy and good governance. The legislature by nature is inherently democratic in the sense that all members are equal and are elected representatives of the Nigerian people.
“As President-elect, I recognize this fact and believe that legislators carry this heavy burden of representation with all the seriousness it deserves.
“For a president to be successful in addressing community development and general welfare of the various people of the country, he or she would benefit from working closely and in harmony with the legislative arm of government.
“I therefore commit myself to working with the legislature as development partners motivated by the desire to deliver good governance”.
He commended President Goodluck Jonathan for the role he played in the sustenance of democratic institution by accepting election result, saying that Nigeria was in the threshold of history.
Bemoaning high cost of governance, he said, “First and foremost, appropriate policies need to be put in place and such policies may have to be translated into laws.
“Secondly, the oversight functions of the legislature is critical in ensuring that policies are implemented effectively and transparently. Therefore, my mission to bring integrity into governance would better succeed if complemented with a strong culture of transparent oversight.
“We need to collaborate on the budget process and restructuring of the public sector so as to collectively tackle the menace of high recurrent cost at the expense of capital and human development.”
“There is an urgent need to contain this high state of insecurity. All of you are representing various communities. We need to work together to address the problem from both its roots and manifestations.
“The strongest mitigating forces at this point are to redress the power sector deficits, encourage investments that are job creating and focus on human development and reconstruction. We also need to deploy efforts in conflict resolution and peace building in all our communities.
“I am here today, to invite you to work with the executive as partners in progress, as champions of good governance and development and as warriors for change. Together, we can make this nation great and as a role model in Africa and other emerging economies and democracies.”
President of the Senate and Chairman of the National Assembly, David Mark, who ushered in the President-elect into the International Conference Centre, in company of other leaders of the National Assembly, described the visit as historic.
Noting that it was the first time a President-elect was considering it worthwhile to address a joint session of the National Assembly, Mark agreed it was a historic meeting in the journey of democracy.
For the Speaker, House of Representative and Governor-elect, Sokoto State, Honourable Aminu W. Tambuwal, Buhari has extended a hand of fellowship to the legislature by his personal visit.
Tambuwal however expressed hope that his colleagues would reciprocate Buhari’s gesture by also extending a sincere hand of fellowship to the President-elect when his government fully takes over
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