Buhari Holds Closed Door Meeting With Nigeria's Service Chiefs


Reminding the audience that as accountants they could be described as the first set of gatekeepers to ensure that all transactions are conducted prudently, Buhari who was represented by Accountant General of the Federation (AGF) Idris Ahmed said over the past decades, Nigeria witnessed period of boom and prosperity but which were not harnessed for collective economic development.

The president did not give details about the amount government hopes to use. Part of the stolen funds recovered is being used by government to finance the 2017 budget.

The meeting presided over by the president was in progress as of the time of filing the report.

The President expressed the determination of his administration to the diversification of the economy away from oil.

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"Interestingly, power generation has peaked to an all-time high of 7,001 Megawatts in the third quarter of 2017, while aiming at 10,000 Megawatts by year 2020. Agriculture is not only helping us realise our objective of self-sufficiency in food production, it is a source of job creation, raw material for manufacturing firms and export for foreign exchange earning", he said.

In his welcome address, the President of ANAN, Alhaji Shehu Ladan commended the efforts of government in the management of recession through laudable programmes like the Economic Recovery and Growth Plan (ERGP), inauguration of the Nigerian Industrial Policy and Competitiveness Advisory Council to boost the manufacturing sector of the economy through the formulation of sectoral and industrial policies. "That is why we are calling on our members to increase their integrity quotient in the discharge of their duties", he said. "As an association, we are strengthening our discipline mechanism to ensure that members found wanting do not go unpunished".

The president said that her administration's resolve to combat corruption with enhanced transparency and accountability had come to stay.


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