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| President Buhari |
President Muhammadu Buhari,
yesterday opened on the state of the nation’s economy and for the first time,
admitted that Nigerians are fully united about the ills facing the economy.
The President who was speaking
at the opening session of National Economic Council Retreat specifically
conveyed to address current economic challenges at the State House Conference
Centre, Abuja, said he was seeking the help of foreign investors and local
construction companies in his efforts to fix the economy, especially the
housing deficiency.
“We invite foreign investors
together with local domiciled big construction companies to enter into
commercial housing building to pick up the rest”
He declared that from
“information at my disposal, if we aggregate public views from the grassroots,
city dwellers, the economic managers, consumer groups, the Unions and other
stakeholders of the economy, there is near unanimity about the ills of our
economy. But naturally, there are divergent views about solutions.”
The President who stated that
he was limiting current efforts at the retreat to areas such as Agriculture, Power, Manufacturing
and Housing, however stated that other areas such as Education,
Science and Technology were reserved because they “require a whole retreat by
themselves”
Speaking on the power sector
challenges, the President noted that Power situation in the country was no
longer a laughing matter, adding that current administration has a target
to generate 10,000megawatts in the three years, while 2,000; Megawatts
will be developed in 2016 alone.