The APC presidential candidate Muhammadu Buhari said his administration will embark on oil and gas sector reform as well as reform the Public Private Partnership (PPP) framework.
Buhari was speaking during a dinner the Abuja Private Sector Forum at the weekend. He said if elected he “would strengthen and make government institutions more independent to provide the necessary regulatory framework for conducive business environment.”
He promised to “provide level playing field and will not allow politics to creep into and constrain the business climate.”
“We would embark on multiple tracks reform in the oil and gas sector especially the government institutions like the NNPC to block revenue transmission leakages and make them more efficient and accountable,” the APC flag bearer said.
The manifesto of our great Party, the APC, which took six months of surveys and painstaking analyses of the Nigerian condition to develop, has come out with a comprehensive Economic Development Plan geared towards promoting agriculture, power supply, infrastructural development, industrialization and job creation, amongst others.
Apart from aggressive development of critical infrastructure, Buhari said he “shall promote sound macro-economic policy environment, run an efficient and transparent Government, restore and strengthen financial confidence by putting in place a more robust monitoring, supervision and regulation of all financial institutions.”
He said his administration “shall undertake a review of the Public Private Partnership (PPP) framework with a view to strengthening its legal, regulatory and operational systems.”
He said he would provide incentives to accelerate public and private sector investments in the green field ports development and inland waterways, assuring that “our maritime environment shall be secured and protected from piracy and armed robbery at sea.”
“We would explore and develop alternative sources of energy that are efficient, affordable and environmentally sustainable. These would boost power supply, create jobs and reduce the cost of doing business in Nigeria,” he said.
He said he would adopt a robust industrialization policy and provide conducive environment for a private sector led industrial base for the economy, adding that he would create industrial hubs and clusters with appropriate infrastructure and tax incentives to support industries and businesses
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