Niger State governor, Abubakar Bello has asked for structural adjustment in governance to aid economic growth and development in the country.
In a recent statement by Mrs. Mary Berje, Chief Press Secretary to the governor, she said Abubakar revealed this during a 3-day Executive Leadership Retreat on Administrative Relationship, Strategic Communication, and Management of Public of Finance for Economic Development.
He described the retreat as timely and informative, begging the participants to make sure they block every leakage in the system to enhance the state’s finances.
The governor added that the future would be unpredictable, so structural adjustment and financial prudence is key.
His words, “The future is looking very bleak financially and things will be tougher,”
“We need to block leakages, and we must do some structural adjustments to survive the challenges of the future and the only solution is to move away from dependence on Federal allocations.
“This is to enable us increase our internally generated revenue so that federal allocation becomes just an augmentation. Our main revenue should come from what we generate internally and what we get as FAAC should be an augmentation.
“We must change the narrative because we must survive. We must move our system from basically a publicly reliance system into a private sector system.”
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