According to the Special Assistant on Media, Mr. Garba Shehu, who was fielding questions on the sidelines of the child’s dedication ceremony held in Abuja, the president aims to introduce various interventions that would bolster the economy, thereby enhancing spending and investment in the economy, adding further that the coming months will witness robust investment in infrastructure, targeting critical sectors of the economy.
While urging Nigerians to “be patient,” he said “this president has more money in the Central Bank of Nigeria (CBN) today that he can spend than any other president in this country.
“He has more than N3 trillion that he saved in the TSA. You know that in 2014 and 2015, if you look at the entire budget of the Presidenbt Goodluck Jonathan government, it was not more than N4 trillion for each of those years.
“In 2016, you have N3 trillion, money set aside to be spent on projects, not salaries and overheads. So in a matter of time, this country will be flooded with money, because projects would come and quite unlike what we had in the past.” Shehu further explained that the current approach of the administration on contracts would be beneficial to contractors as opposed to previous governments when there was no cash backing for the contracts.
“Government will give jobs and back it with money. So Nigerians will be happy again. In a short while, let the budget be signed and life will pick up,” he added.
Also speaking, wife of the former Vice President, Mrs. Titi Abubakar, urged Nigerians to continue to endure the present economic hardship as the All Progressives Congress (APC) government has good plans to arrest the situation.
Abubakar said: “If at this particular time, there is change, we want to put this country right. You know this country was found in a mess, so government has to put things right before everything starts getting better again.
“We all have to endure the hardship for the time being, because if anything gets spoilt, before it gets good, it has to take some time. We all know there is economic hardship, but the APC government wants to put things right,” she stated.
