Thursday, September 29,
2016
ABEOKUTA-The Minister
of Finance, Mrs Kemi Adeosun yesterday, said the Federal Government would use
agriculture and solid minerals to tackle the current economic recession.
This came as Governor
of Ogun State, Ibikunle Amosun said that oil has failed Nigeria.
Adeosun also said the
country is already getting out of the economic recession, given the pragmatic
approaches the Federal Government is taking to reverse the trend.
She said this while
fielding questions from journalists at the end of a two-day National Council of
Finance and Economic Development conference held at the Olusegun Obasanjo
Presidential Library, Abeokuta.
It was held in
conjunction with Federal Ministry of Finance with the conference theme: 'Enhancing
Revenue Generation and obtaining best value for money in expenditure.'
Commissioners for
Finance from the 36 states across the country were in attendance.
Adeosun said both
agriculture and solid minerals were already starting to grow, as they were
responding to government's policy initiative.
Meanwhile, Governor
Amosun, who spoke, yesterday, at the ongoing Made-in-Nigeria Festival taking
place at Eko Atlantic City, Lagos, stated the need for Nigerians to revert to
agriculture as the nation's mainstay.
Represented by
Secretary to the State Government, Taiwo Adeoluwa, the governor spoke on the
topic: 'From Oil to Soil: Private sector role in the transition of the main
economy''.
Adeoluwa said "We
must not forget that our soil has mineral resources yet untapped which will
bring about wealth creation and job creation. Agriculture should be the
mainstay of our economy.”
SOURCE: VANGUARD