Access Bank

Atiku promises $10bn economic palliative within 100 days in office

The former vice president said he would extend his assistance to private subdivision investments in infrastructure and give preference to agriculture, manufacturing and Micro, Small and Medium Enterprises.

He dropped the hint via a Facebook post on Tuesday evening in the aftermath of his address at the Lagos Chamber of Commerce and Industry, Lagos state.

He said, “Within the first 100 days in office, I will create an Economic Stimulus Fund with an initial investment capacity of approximately US$10 billion to prioritize support to MSMEs across all the economic sectors.”

Continuing, he said for Nigeria to develop its economy, it needed a larger volume of non-oil exports that will produce extra foreign exchange for Nigeria, improve foreign reserves, and assist in stabilising the naira which will contribute to growth in gross domestic product GDP.

He noted, “Poverty reduction shall be the centrepiece of our economic development agenda and economic performance shall henceforth be measured by the number of jobs created and the number of people lifted out of poverty.

He stressed that he will focus on non-debt financing by promoting a private sector-led infrastructure development fund for the financing and delivery of key infrastructure projects.

First Bank

About Daily Record

Check Also

2023: I’m better qualified than Peter Obi, Atiku, Tinubu boasts

Tinubu Bola Tinubu, presidential candidate of the ruling All Progressives Congress (APC) for the 2023 …

Leave a Reply

Your email address will not be published.