THE Presidential Candidate of the Peoples Democratic Party (PDP), Atiku Abubakar on Tuesday said he would resuscitate Nigeria’s ailing economy by launching a 10 billion dollars Economic Stimulus Fund within his first 100 days in office, if he wins the 2023 presidential election.
Atiku said the fund would prioritize support to micro, small and medium scale enterprises (MSMEs) that offer greatest opportunity for inclusive economic growth.
The PDP presidential candidate spoke in Lagos during the “Lagos Chamber of Commerce and Industry (LCCI) Presidential Economic Agenda Forum for the PDP.” He laid out his economic plan to salvage the country’s economic fortunes before members of Nigeria’s organised private sector.
Atiku also said he would rather privatize Nigeria’s dilapidated refineries rather than spend 1.55 billion dollars on their revitalization. He added that he would stop all fiscal support to ailing public enterprises and “over the medium term and will propose legislation for the removal of the entire electricity value chain from the exclusive list and give states the power to generate, transmit and distribute electricity for themselves.
Atiku, who commenced efforts to consolidate his support base in the South-west, was due to meet the Oyo State governor, Seyi Makinde, and some leaders in the zone today, Wednesday and Thursday, in Ibadan.
The meeting was part of efforts to make peace with the camp of the Rivers State Governor Nyesom Wike.
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