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OPS charges govt to position real sector, economy for recovery

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The Lagos Chamber of Commerce and Industry (LCCI) has charged the Federal Government on the need to reposition the economy and real sector for recovery while advocating increased public-private partnerships to implement various growth initiatives.

According to the LCCI, while the context of some of the policy choices of government is appreciated, there is need for acceleration of Public Private Partnership programmes to support the provision of infrastructure and the stepping up of efforts at creating an enabling environment for investors.

The LCCI in a congratulatory message to President Muhammadu Buhari, on his first year anniversary in office commended the administration for its strides in the war against corruption and in improving security among others.

“We commend the giant strides of the present administration and achievements in the war against corruption and the recovery of looted funds, a crusade which has been taken beyond the shores of our country; in containing terrorism which has led to the progressive confinement of terrorists to smaller geographical area in the North East; and in growing goodwill for Nigeria in the comity of nations, driven by the integrity and sincerity of purpose that your Excellency brought into political governance in the country.

“We commend efforts at plugging of fiscal leakages and boosting the country’s revenue base as well as savings through the effective implementation of the Treasury Single Account [TSA] and the Integrated Personnel Payroll Information System [IPPS] respectively.

“On the economic front, we note and commend the various measures taken to diversify the economy, promote self-reliance, put an end to fiscal leakages of the past and ensure fiscal viability.


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