THE anti-corruption fight of the federal government has yielded over N800 billion in recovered loot, President Muhammadu Buhari announced on Friday
The anti-corruption agencies have also secured more than 1400 convictions, he said in a self- assessment broadcast.
But he said the Presidential Task Force on COVID-19 was determined to ensure that the pandemic “does not overwhelm our health systems, while ensuring that we maintain an effective Case Management System to help in containing the spread of the virus.” On the economy, he said: “We have witnessed eleven quarters of consecutive GDP growth since exiting recession. The GDP grew from 1.91% in 2018 to 2.27% in 2019 but declined to 1.87% in the first quarter of 2020 as a result of the decline in global economic activities due to the COVID-19 pandemic.“In order to stabilise the economy, the Monetary Authority took steps to build the external reserves which resulted in improved liquidity in the foreign exchange market.
“We are extending and upgrading our railway network too. We are introducing more locomotives, coaches and wagons for the Abuja-Kaduna Rail Line. The Central Ajaokuta – Itakpe – Warri Line has been completed and is being extended from Itakpe to Abuja on one end and from Warri Town to Warri Port on the other.
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