Election 2019: Atiku Reveals What He Will Do If Voted In As President Of Nigeria
Speaking on the Chatham House, London, the Waziri of Adamawa mentioned if voted as President in 2019, his administration will guarantee enchancment within the nation’s sovereign wealth funds, railways, different areas, in addition to restructuring.
The former Vice President, who had earlier warned Nigeria towards over-reliance on oil, highlighted what to anticipate from him to incorporate:
1. Streamline the operations of sovereign wealth funds
“We will streamline the operations of the Sovereign Wealth Fund, the Excess Crude Account and the Stabilization Account which is currently embedded in the Revenue Allocation Formula for more effective stabilization outcomes.”
2. Extend railways
“I will extend railways to connect workers to jobs, suppliers to buyers, students to universities, and parents to their children in every major city in every state.”
three. Restructuring
“These are some of the ways I believe Nigeria’s states can improve their capacity, increase their revenues and better manage their local economies which are critical to safety, prosperity and welfare of all Nigerians and will allow my homeland to realize its true potential.”
four. Introduction of matching grants
“I will make sure certain rivers are dredged to open up the hinterlands of the North. Licenses would be given to state governments to begin immediate exploitation of resources in their jurisdictions.”
5. Invest in Education
“We have to ensure the minimum amount of resources are allocated & invested in education & health, with penalties for states that don’t comply. 1.6m Nigerians sit for university entrance exams with only 600,000 places. $1bn spent on paying fees in Ghana.”
6. Create secure and predictable trade charges
“Nigeria must have a stable and predictable exchange rate to allow investors to plan long-term. I’m not a supporter of multiple exchange rates.”
