Gov.Yari predicts recession in 2020 vanguardngr.com vanguardnews
He made statement at the the opening ceremony of the induction programme for newly-elected and returning governors put together by NGF Secretariat, at the State House Conference Center, Abuja.
Yari said the outgoing governors have agreed that borrowing is never a reliable alternative to solving economic problems and has urged the incoming ones and other ties of government to multiply revenue generation bases so as to change the course of doing government business for the betterment of the people.
Your good spirit of stewardship will make you contain the situation should there be one. Also, as members of the National Economic Council, you must work hand in hand to boost the economy in tandem with the global best practices. You must not forget the high expectations of our people on us; now that the democracy is maturing day in day out the challenges of governance and service delivery are more demanding.”
“In so doing, key revenue agencies like the Nigeria National Petroleum Corporation, Federal Inland Revenue Service, the Nigerian Custom Service and other sister agencies must be made to work more effectively now that Mr. President has signed the much awaited National Minimum Wage law, pegging the minimum workers salaries at N30,000 per month.”He urged the incoming governors to strengthen tax laws to encourage Nigerians to pay their taxes.
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