Prof. Yemi Osinbajo, has urged the three tiers of government to ensure adherence to fiscal discipline, enhance revenue generation, rational allocation.
He also called on them to be focused on the efficient use of resources for Nigeria to achieve sustainable growth.
Osinbajo, represented by the Minister of Finance, Mrs Kemi Adeosun, described the workshop event as right on time, adding that it came at a time the present administration was working hard to re-position Nigeria’s economy after a period of declining revenue.
“The recently announced exit from recession is simply one of the stages in the development of this economy and the growth of this economy for future generation.”
“We are determined to build an economy that works for all Nigerians; not just for the rich, not just for when oil prices are high, but also for everybody for the long term.
“This commitment is critical and the engines for this commitment are the state and local government.
“As you know, there are no federal people, everybody lives in a state or local government.
‘’For this economy to grow in the way it was intended, every state, every local government must be fiscally sustainable and must be able to meet its obligation.
“The obligation of state and local governments is not just the payment of salaries; they have critical roles in development.
“People would support government when they can see what is happening to the money; it is important that we approach transparency.
“This is not a time for us to relax, this is a time for us to double our efforts, we deserve a better Nigeria, the future generation of Nigerians are looking up to us,’’ he said.
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