from Juliana Taiwo-Ovalonier Abuja
president Muhammadu Buhari says the Nigerian economy remains resilient and maintains its upward trajectory despite global economic turmoil and domestic problems.
However, he noted that some of the issues could be dealt with internally, favoring a mix of seasoned economists.
Buhari said this at the inauguration of the Presidential Commission on the National Economy on Friday, according to a statement by Femi Adesina, special adviser on media and public affairs. He said oil losses were hurting the Nigerian economy.
However, President Buhari told Nigerians that despite these problems, despite the need to borrow from financial sources, the current administration remains committed to the welfare of its citizens, especially the implementation of social investment programs. I assure you that I will.
According to him, “Citizens’ concerns about borrowing are well understood, but the means to borrowing are also valued in terms of the resources needed to meet the infrastructure, health and other socioeconomic needs of citizens. At the event, the President’s Chief Economic Advisor Dr Doin Salami, Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed of Industry, Trade and Investment of Nyi Adebayo, and the Central Ministry The presentation was made by Gov. Godwin Emefile of Bank of Nigeria. Sokoto Governor Aminu Tambwal chaired the Governors Forum.
The Presidential Economic Commission is chaired by President Muhammadu Buhari and has Vice President Yemi Osinbajo as a member. Dr. Kayode Faemi, Chair of the Nigeria Governors’ Forum. Mrs. Zainab Ahmed, Honorary Minister of Finance, Budget and National Planning. Honorary Minister of Industry, Trade and Investment Otumba Nyi Adebayo. Chief Timipule Silva, Minister of State for Petroleum.
Other members include Federal Secretary Boss Mustafa. Professor Ibrahim Gambari, Chief of Staff to the President. Godwin Emefiere, Governor of the Central Bank of Nigeria, and Dr. Mohammed Sagagi, Vice Chairman of the President’s Council of Economic Advisers. Salami, the President’s Chief Economic Advisor, is a member/secretary of the Commission.