Buhari to Ministers: Think Outside The Box

"Indeed, the challenges we face in the current recession require ‘out-of-the-box’ thinking, to deploy strategies that involve engaging meaningfully with the private sector, to raise the level of private sector investment in the economy as a whole."

“We are confident that the level of private investment will grow as we are determined to make it easier to do business in Nigeria by the reforms we are introducing under the auspices of the Presidential Committee on Ease of Doing Business.”

“Building Inter-ministerial Synergy for Effective Planning and Budgeting in Nigeria, is very apt and timely, especially as we are in the process of developing the 2017 Budget.”

"Over the years, there has been a mismatch between planned targets and budgetary outcomes at the national and at the level of various sectors."

"The Federal Ministries, Departments and Agencies have not benefited significantly from working together and building consensus around common national objectives thereby impeding the development of the country."

"This retreat is coming at a critical time in our economic history, when the Nigerian economy is in a recession, with significant downturn in performance in various sectors."

"It is with regard to the importance of this retreat that I decided to sit through the first part of the session to listen to the views of experienced economists and development experts on how best to implement our plans to rid the country of its oil dependence and to diversify the economy and bring the country out of the current economic recession.”

"Following recommendations, in the 2017 Budget, some ministries might get significantly less capital allocation than they received in 2016, while others might get significantly more."