3. Economy and governance
The 2016 budget has provided a road map and appropriate monetary templates for the economy under Buhari. As the economy is down, efforts are being made to diversify it by investing hugely in agriculture. Other policies undertaken by the government include the reintroduction of the Treasury Single Account, TSA, where all public funds are channelled into one bank account, the introduction of Bank Verification Number, BVN, to detect ghost workers amongst others. There is also the introduction of social welfare packages to help low income earners.
The government is working on the Infrastructural Development and Transportation where over $6 billion worth of investments which were the fallouts of the president’s recent state visit to China would be realized. Education sector, sport, environment are also getting attention. Recall the presidential order to start the implementation of UNEP report would clean up oil spill in Ogoniland in Rivers State.
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