Nigeria’s Economy Picking up, Says Buhari

• Nigeria’s Economy Picking up, Says Buhari

President Muhammadu Buhari yesterday received briefings from some ministers and Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on the state of the economy.

Buhari, who was in the United Kingdom for 103 days on medical vacation, expressed delight that the economy was picking up.

The ministers that briefed Buhari include the Minister of Budget and National Planning, Udoma Udo Udoma and the Minister of Finance, Mrs Kemi Adeosun.

A statement endorsed by the Special Adviser on Media and Publicity, Femi Adesina, reads: “For almost two hours, President Muhammadu Buhari Monday received briefing from the Minister of Budget and National Planning, Senator Udoma Udo Udoma, the Minister of Finance, Mrs Kemi Adeosun, and Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, after which a delighted president declared that he was pleased with the progress being made on different fronts.”

According to the statement, the ministers and the CBN governor updated the president on the improving state of the economy, implementation of the 2017 Budget, preparation for the 2018 Budget, revenue strategies, combined cost reduction and debt management.

They also discussed monetary policy strategies and their economic impact, among others.

President Buhari, while reminding the ministers and CBN chief that reviving the economy was one of the major planks on which the campaign of his party, the All Progressives Congress (APC), was based, expressed gladness that things were looking up after two years of yeoman’s job.

Urging them to keep at it, the president noted that the main aim of government was to bring succour to Nigerians across all walks of life.