Categories: News

Atiku Releases Economic Agenda – Vows To Break Govt Monopoly

Atiku Abubakar, the former Vice President of Nigeria and the Peoples Democratic Party (PDP) presidential candidate has vowed to break government monopoly in all infrastructural sectors.

Gatekeepers News reports that Atiku made this vow in his economic agenda guiding principle titled, ‘The three guiding principles of my economic agenda’ which he released on his Twitter page on Thursday.

The former Vice President noted that the nation’s economic agenda has a comprehensive objective of providing a more hospitable environment for businesses to thrive.

With thriving businesses, the PDP Presidential candidate said his administration would create jobs and wealth for Nigerian citizens.

Atiku said, “And to achieve these, I have three guiding principles to go by:

“Reaffirm the criticality of private-sector leadership and greater private sector participation in development; while repositioning the public sector to focus on its core responsibility of facilitation and enabling the appropriate legal and regulatory framework for rapid economic and social development.

“Break government monopoly in all infrastructural sectors, including the refineries, rail transportation and power transmission and give private investors a larger role in funding and managing the sectors, thus emulating the benefits accrued in the oil and gas and telecom sectors.

“Allow the market greater leverage in determining prices. This way we shall eliminate the persistent price distortions occasioned by current interventionist exchange rate management policy. Government intervention, where absolutely necessary, will be done responsibly and judiciously.”

Gatekeepers News earlier reported that Atiku emerged as the party’s flagbearer during a special national convention held in Abuja on May 28 and 29, 2022, after scoring 371 votes to defeat 11 other aspirants.

Before bagging the main opposition party’s presidential ticket ahead of the 2023 general election, Atiku had released his five-point plan for Nigeria if elected president during next year’s general election.

Atiku said his first agenda was to “Restore Nigeria’s unity through equity, social justice, and cooperation”.

Others were “establish a strong and effective government that guarantees the safety and security of life and property

“Build a strong, resilient, and prosperous economy that creates jobs and lifts people out of poverty

“Promote a true federal system which will provide strong Federal Government to guarantee national unity while allowing the federating units to set their own priorities

“Spearhead education reform so it is driven by innovation, science, and technology.”

Remi Ibikunle

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