Wednesday 24 May 2017

Omoluabi Olabode Adeyemi call on all stakeholders to support Acting President Osinbajo in the enforcement of the new Executive orders

Africa Media Roundtable Initiative (AMRI), a Civil Society Organisation (CSO) said the three executive orders issued by Federal Government recently would boost investment and infrastructure development in Nigeria, if properly implemented.
Executive Director of the organisation, Mr Omoluabi Adeyemi, stated this in an interview with the News Agency of Nigeria (NAN) in Abuja on Monday.
He commended the Federal Government, especially the acting President, Prof. Yemi Osinbajo, for issuing the orders.
Osinbajo had on Thursday signed three federal executive orders on “Ease of Business, Fast-Track Budget Submission and Promote Made-in-Nigeria Products’’.
Adeyemi described Osinbajo’s action as a demonstration of capacity, depth, courage and readiness to lead.
He expressed optimism that if properly implemented, the new polices would reduce bureaucracy in business as well as boost investment in the country.
“They are policies that will achieve a lot of progress and benefits in the economic, infrastructure and social development for Nigeria.
“What is required now is for government to follow it through particularly in the area of implementation, because implementation and regulations have always been the bane of achieving results.
“We can be sure that if government implements, particularly the ports-related issues, there will be huge revenue generation that will be occasioned by truly decongested and corruption-free ports.
“There will also be huge investments and business drive into our country; this singular decision made by the President is one that needs our support,” Adeyemi said.
He, however, urged all Ministries, Departments and Agencies (MDAs) and stakeholders, especially the private sector, to give the needed cooperation that would ensure success of the policies.
The executive orders gave specific instructions on promotion of transparency and efficiency in the business environment designed to facilitate the ease of doing business in the country.
It also gave specific instruction in promoting local contents in public procurement by the Federal Government.
The order also includes timely submission of annual budgetary estimates by all statutory and non-statutory agencies, including companies owned by the Federal Government.
It, however, stipulated sanctions and punitive measures meant to address violations where necessary.

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