Tinubu, Atiku Release 4-Year Economic Promises for Nigeria Not Achieved by President Buhari's Administration

Tinubu, Atiku Release 4-Year Economic Promises for Nigeria Not Achieved by President Buhari's Administration

  • Asiwaju Bola Ahmed Tinubu and Alhaji Atiku Abubakar have released their economic agenda for Nigeria
  • Having successfully won respective primaries they emerged as standard-bearers of APC, and PDP for the upcoming general elections
  • Some of the economic promises numbers have never been achieved under the present administration of President Muhammdu Buhari

Atiku Abubakar and Bola Tinubu, the presidential candidates of the main opposition People’s Democratic Party (PDP) and the ruling All Progressives Congress respectively, have released their economic agendas ahead of the 2023 presidential election

Atiku, who unveiled on Thursday, 9 June what he called ‘The three guiding principles of my economic agenda’, promised to give the private sector a greater role in the economy.

The former vice president said his administration would break government monopoly in all sectors of the economy including infrastructure, according to the Vanguard.

Read also

2023: Omo-Agege makes serious allegations against Okowa after emerging Atiku's running mate

Tinubu, Atiku, economic promises
Tinubu emerged the flagbearer of APC Credit: APC
Source: Twitter

He vowed to allow the market greater leverage in determining the prices, which would aid in eliminating the frequent price distortions in the country, Businessday reports.

PAY ATTENTION: Join Legit.ng Telegram channel! Never miss important updates!

He added that his administration would reposition the public sector to focus on its core responsibilities.

Atiku's economic key points

  • Promised private sector economic leadership
  • Break government monopoly in all sectors
  • Market-driven economy, cut-price distortion
  • Reposition the public sector on core responsibilities
  • Responsible judicious government intervention
  • Legal framework for rapid economic and social development

Tinubu's economic agenda

For the former governor of Lagos State, Bola Tinubu it is a longer economic plan with big projections.

His plan which he titled ‘My Vision for Nigeria’, promised that Nigeria would be transformed into greatness, the pride of Africa, a role model for all black people worldwide, and respected among all other countries.

Read also

Why Peter Obi went to Egypt and what the country is doing better than Nigeria

Tinubu also promised to build an economy that will make the nation’s Gross Development Product grow quicker annually for the next four years while also providing jobs for millions of youths in the country.

He also promised to launch a new national industrial policy focused on special intervention to reinvigorate specific strategic industries.

List of his economic promises

  • 12% GDP growth over 4 years
  • Power: 15,000MW and 24/7 power supply
  • New national infrastructure plan
  • Six new regional economic development agencies
  • 25% budget allocation to education
  • 10% budget allocation for healthcare
  • New agricultural policy
  • New commodity exchange board

Meet the Kwara village king who created ‘currency’ for his community

Meanwhile, a Kwara village king has developed a unique currency for his village after visiting abroad and seeing the same.

He believes the currency will help bring empowerment to his community and help boost economic activity.

Although questions have been raised by the government, he has been able to prove that it is for the good and not to become powerful

Read also

Arewa group applauds Wike, Atiku ticket, gives CAN, MURIC fresh political advice

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.