The presidential standard bearer of the ruling All Progressives Congress (APC) Asiwaju Bola Ahmed Tinubu has assured of a buoyant and vibrant economy if elected.
He also promised that his administration will build an economy that will achieve double-digit growth.
Tinubu gave the assurance at the 7th edition of the Kaduna Economic and Investment Summit (KadInvest 7.0) on Saturday in Kaduna, according to a statement by his media aide, Tunde Rahman.
The APC presidential flag bearer hailed Kaduna Governor Nasir El-Rufai for raising the bar in attracting investment to the State just like he did in Lagos over 20 years ago.
“I am particularly happy to be in an economic summit such as this. It reminds me of when we initiated Ehingbeti Lagos Economic Summit more than 20 years ago in Lagos State.
“Through the summit, Lagos State has been able to deliver landmark developmental projects in power generation, critical road infrastructure, street lightning, and clean energy initiatives, amongst others.
“These investments will in turn drive rapid economic growth and prosperity, providing jobs and opportunities for the good people of Kaduna State,” Tinubu said.
On the role of the private sector in national economic development, Tinubu praised President Muhammadu Buhari for giving maximum support to them to flourish.
According to him, laws put in place by the Buhari administration helped to improve the ease of doing business in the country.
He said if elected, his administration will build on this, making it better for the private sector to excel.
“I desire that the next administration, under my leadership, will continue to drive forward and accelerate the progress made thus far, taking bold steps and initiatives to encourage investments in new areas typically considered risky, and leading the way by providing the enabling environment to nurture our innate entrepreneurial spirit.
“It is essential that our nation continues to champion the rule of law and sanctity of contracts, for these are the prerequisites for creating a business-friendly economic environment.
“My administration would ensure that the judiciary has true financial and administrative autonomy and strong disciplinary and integrity monitoring mechanisms,” Tinubu added.
“We will be committed to introducing cross-sector initiatives that will address the economic and social constraints that prevent people from advancing or opting for the crime.
“Under my leadership, the government will place great emphasis on the use of a counter-insurgency doctrine and strategy by our military. We will continue to train and equip our gallant forces and security personnel with the resources, gear, and equipment that they need to hasten our inevitable march to a resounding victory against the enemies of our great nation. Where necessary, we will recruit and train more personnel to bridge any gaps in manpower.
“Furthermore, my administration will prioritise the use of superior aerial technology to deter criminal and terrorist activities, as well as to monitor and protect our critical national infrastructure including our network of pipelines, our power stations, our transmission and distribution networks, our sea and airports, our rail networks and other vital infrastructure,” he added.
“I will marshal a team of the most talented of Nigerians – men, women and youths – no matter their tribe and affiliations, to reset our nation on a path to achieve double-digit economic growth within a couple of years. We will do this through a coordinated set of policies in key sectors.
“We will champion an efficient government that will eliminate revenue and expense leakages across all federal government areas, leveraging technology, which will be increasingly embedded into government operations.
“In oil & gas, we will prioritise gas distribution and availability to power our industries.
“In agriculture, we will provide incentives for investments, machinery and equipment, expand and empower commodity boards, enhance our strategic grains reserves, encourage the formation of farm cooperatives and expand the scope and depth of access to finance for our farmers.
“In housing, we will introduce policies that will make it easier to transfer title and carry out transactions on landed properties. We will work with the private sector to significantly expand mortgage financing and we will provide credits and incentives to encourage real estate developers.
“We will collaborate with key technology partners to develop policies that promote the use and integration of technology across other sectors within the nation.
“We will work to accelerate the work that is being done with the private sector to train our youth and promote innovation through sponsored incubator hubs and science technology parks.
The APC candidate urged all Nigerians to join hands with him to work together to achieve the collective vision of building the Nigeria of our dreams.
