Peoples Democratic Party presidential candidate, Atiku Abubakar, has released his three-point economic agenda, with a vow to break government monopoly in all infrastructural sectors.
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Atiku announced this on his Twitter page on Thursday, June 9, titled, ‘The three guiding principles of my economic agenda’.
Attached below is the announcement made on his Twitter page:
Our economic agenda has a comprehensive objective of providing a more hospitable environment for businesses to thrive and create jobs and wealth for Nigerian citizens. And to achieve these, I have three guiding principles to go by: -AA pic.twitter.com/tTwCwPGVUy
— Atiku Abubakar (@atiku) June 9, 2022
He explained:
Our economic agenda has a comprehensive objective of providing a more hospitable environment for businesses to thrive.
With thriving businesses, Atiku said, his administration would create jobs and wealth for Nigerian citizens. And to achieve these, I have three guiding principles to go by:
Reaffirm the criticality of private-sector leadership and greater private sector participation in development; while repositioning the public sector to focus on its core responsibility of facilitation and enabling the appropriate legal and regulatory framework for rapid economic and social development.
Atiku added:
Break government monopoly in all infrastructural sectors, including the refineries, rail transportation and power transmission and give private investors a larger role in funding and managing the sectors, thus emulating the benefits accrued in the oil and gas and telecom sectors.
Allow the market greater leverage in determining prices. This way we shall eliminate the persistent price distortions occasioned by current interventionist exchange rate management policy. Government intervention, where absolutely necessary, will be done responsibily and judiciously.
Meanwhile, before his emergence as PDP presidential flagbarer, Atiku had released a prior five-point plan for Nigeria if elected president during next year’s general election.
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Atiku said his first agenda was to:
Restore Nigeria’s unity through equity, social justice, and cooperation”.
Others are, establish a strong and effective government that guarantees the safety as well as security of life and property.
Build a strong, resilient, and prosperous economy that creates jobs and lifts people out of poverty
Promote a true federal system which will provide strong Federal Government to guarantee national unity while allowing the federating units to set their own priorities
Spearhead education reform so it is driven by innovation, science, and also technology.
