President Buhari releases N2.3trn stimulus funds

President Buhari releases N2.3trn stimulus funds

- Ministers and other political appointees have been charged on cooperation

- SGF, Boss Mustapha, said the failure of ministries, departments and other agencies to work together is slowing down governance

- Meanwhile, President Buhari has approved the "speedy" release of N2.3 trillion stimulus funds

The federal government has stated that the inability of various ministries, departments, and agencies to work together is putting the current governance on a slow gear.

Speaking on Tuesday, September 8, during the retreat for the ministers and heads of agencies of the government, Boss Mustapha made the declaration as he reflected on the government's performance since the second term of the current administration.

The secretary to the government of the federation also linked slow governance to the Covid-19 crisis, adding that since the emergence of the pandemic the running of government has been hindered because monies meant for projects were being held back.

“These challenges, some of which we have identified, include the need to collaborate at the priority area level and avoid the debilitating effects of working in silos.

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"This challenge has hampered speed, efficiency, effective delivery," the SGF said.

President Buhari release N2.3trn stimulus funds
President Buhari has approved the "speedy" release of N2.3trillion stimulus funds. Photo credit: The Nation.
Source: UGC

In the same vein, President Muhammadu Buhari has ordered the release of the proposed N2.3 trillion for the implementation of economic sustainability plan (ESP) as well as funds for capital projects.

The president also mandated the minister of finance, budget and national planning, Zainab Ahmed, and the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to fast-track release of the funds.

Buhari, who also spoke on Tuesday during the review of ministers' performance, said his government has recorded some achievements.

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Earlier, reported that Buhari gave his administration a pat on the back during his speech at the first-year ministerial performance review retreat held in Abuja.

The Nigerian leader claimed that his government has done quite well in comparison with past administration with fewer resources.

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He reminded fellow citizens that from 1999 to 2014, the average production of oil in Nigeria was 2.1 million barrels per day sold at an average price of $100.

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