Buhari slams ‘Merciless’ Nigerians for undermining govt’s economic policies

President Muhammadu Buhari on Friday decried the deliberate ‘mercilessness of some Nigerians’ to the course and development of the country.

President Buhari spoke on Friday after receiving briefings from the Prof. Doyin Salami-led Presidential Economic Advisory Council (PEAC) at its 6th regular meeting held in the State House, Abuja.

He registered displeasure with the situation in which some unscrupulous people tried to undermine every policy of government, irrespective of the good it was meant to achieve for the country.

In its presentation to the president, PEAC submitted that the global economy has continued to improve as COVID-19 infections drop and roll-out of vaccination intensifies, adding that the Nigerian economy, though out of recession, remains fragile with inflation rising, unemployment high, and external account weak.

Policy, the economic advisory body said, “must urgently address the challenges of rising prices.”

Among other issues recommended by PEAC are decisive end to all forms of insecurity in the country, mobilization of resources for investment, hastened implementation of agricultural reform policies, passage of the Petroleum Industry Bill (PIB) as a basis for revitalising the industry, poverty reduction, employment generation and incentives for private investment in irrigation to promote all-year-round farming.

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