The presidential candidate of the Allied Congress Party of Nigeria (ACPN)Oby Ezekwesili, on Monday revealed her economic philosophy, fundamental principles and concepts that will guide her government if elected as President.
former Minister of Education and Solid Minerals, expressed her plans in series of tweet
which reads: “A strong belief in the dominant economic role of the private sector and a commitment of our government to launch vigorous market economy reforms.
“Through policy, effective regulation and catalytic public investment in the provision of basic services for people and businesses, we will accelerate and expand the sources of growth in the economy.
“A massive program of deregulation of the Nigerian economy to unleash the depth of competition and efficiencies necessary for higher and deeper economic growth and expansion of the economy.
“The division and rebalancing of roles between business and government will reduce opportunities of corruption and bottlenecks that limit the competitiveness of the Nigerian economy.
“A commitment to pursuing growth that is inclusive which is a necessity for lifting the poor to an improved state of well-being. Research has shown us that the poor are uplifted faster in a market economy cushioned by relevant safety nets.”
“A dedication to improving the Productivity and Competitiveness of Nigeria and Nigerians in every sector of economic activity by removing barriers and providing a menu of sound policy measures.”
She added: “A deliberateness in easing the Doing Business environment not just for major businesses in Nigeria but for Micro, Small and Medium Enterprises, which are the lifeblood of our economy.”
“But the thing is that the government does not have the resources or the capacity to provide these much-needed jobs. That is a settled truth, no matter what any politician says to you. ”
“Therefore, in building our new Nigeria, the private sector will be the engine of economic growth and development. Our philosophy for tackling the challenges we face will be market based, private sector driven and government supported.”
“Government has a role to play in enhancing the market, not undermining it. When I am president, we will embrace that role.”
“We will set the vision; lead on policy; ensure smarter, better and clearer regulations; help correct market failures; and invest in critical areas like developing the human capital to power our 21st century economy and leading the way on big ticket infrastructure.” she said