Home MIXED GRILL Our plans to get Nigeria out of economic challenges, by Adeosun

Our plans to get Nigeria out of economic challenges, by Adeosun

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The Minister of Finance, Mrs. Kemi Adeosun on Wednesday announced a set of

robust plans by the Federal Government to get Nigeria out of the present

economic challenges. Responding to questions on the state of the economy

at the monthly Federation Account Allocation Committee (FAAC) meeting in

Abuja, the Minister assured Nigerians that the current administration is

doing everything possible to improve the nation’s Gross Domestic Product

(GDP).
On the issue of FGN debt, the Minister explained that the current

administration discovered debt from the previous administration in various

sectors; which the Federal Government has now put under management. She

added that significant work has been done by this administration to

commence payment of these debt.
“We are working in conjunction with the Central Bank and we have already

consulted the National Assembly on what we are doing to solve the

problem,” she said.
According to her, issues like cash calls, contractor debts, among others,

have been discussed within the administration and solutions implemented

already.
She explained that the National Assembly is being carried along on what

the administration proposes to do. She expressed the confidence that the

Federal Government’s fiscal roadmap will boost the revenue and the

nation’s GDP.
She however warned that there is no short cut to recovery. She said

government is bent on investing in infrastructure in order to be able to

create jobs that will provide succour.

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