President
Muhammadu Buhari has been commended for his successes in the anti-graft
war and the counterinsurgency operations in the north-east by the
Managing Director of World Bank.
President
Buhari with R-L: Minister of Foreign Affairs, Geoffrey Onyeama, CBN
Governor, Godwin Emefiele, Minister of Finance, Kemi Adeosun, Chief of
Staff, Abba Kyari, Managing Director of World Bank, Ms. Sri Mulyani,
Vice President of World Bank, Mr. Jan Walliser, Country Director, Rachid
Benmessaoud and Senior Director, Ms. Mamtha Murthi shortly in
Statehouse on 27th April, 2016.
Speaking on Wednesday after a meeting with President Muhammadu
Buhari at the presidential villa in Abuja, Sri Indrawati, Managing
Director and Chief Operating Officer of the World Bank, has commended
the president for his successes in the anti-graft war and the
counterinsurgency operations in the north-east, and also for his
determination to create jobs and eradicate poverty.
The world bank executive described them as 'very commendable goals' and pledged to support Nigeria’s policies towards strengthening its economy.
"We would like to know how we can help Nigeria to make the very
important decisions, whether on micro economic policies and other
sectoral policies that will make this economy to move forward to become a
strong middle-income country to have a much more inclusive growth, to
have a vibrant economic activity and creating job and eradicating
poverty," she said.
Indrawati, who was visiting the country for the first time, said
the Nigerian economy, like many other countries in the world, is now 'facing weak global economy, low commodity prices, challenges of climate change and insecurity.'
"We discussed about the agricultural sector, infrastructure,
but also the need to pursue and continue doing a very difficult reform,”
said the Indonesian economist who is responsible for the World Bank’s operations worldwide.
"The president has a very heavy attention on infrastructure and
agriculture, that is one area we would also like to support with our
own ideas by the private sector arm of the world bank.
"We also discussed more in terms of the need to diversify the
economy away from oil. We also discussed on how to improve the fiscal
side with the minister of finance under her leadership and try to
improve on the revenue side, whether to improve collection tax as well
as to fight against inefficiency and corruption.
"We also discussed on how to support the management of natural
resources, especially the oil, which I think Nigeria has its own reform
agenda to improve the governance and management of the oil sector.
"I think that is an important goal which is being launched by
the Federal Government. That is the area that I think we would like to
support in any way we could so that it can be delivered, in terms of a
healthy sector, good governance as well as effectively supporting the
need of the people and the economy."
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