Atiku announced the fund on his verified Twitter account, @atiku. He said it would support private sector infrastructure investments and give priority to MSMEs, manufacturing, and agriculture across all economic sectors because they present the best chances for achieving inclusive growth.
We will introduce an economic stimulus fund with an initial investment capacity of roughly $10 billion within the first 100 days of taking office.
As they present the best chances for achieving equitable growth, he explained, "this is to promote private sector investments in infrastructure and to prioritise support to agriculture, manufacturing, and the MSMEs across all the economic sectors."
The former Vice President declared that he would make irrigation a high policy priority and encourage both small-scale and industrial farmers in their efforts to cultivate at least 10% of the world's potentially irrigable land, which is currently only about 2%.
According to Atiku, a significant increase in non-oil exports will increase Nigeria's foreign exchange earnings, strengthen its foreign exchange reserves, and support Naira stability.
"Increasing exports, stabilising the Naira, and increasing the GDP are all tied to each other. A consistent and investor-friendly foreign exchange strategy that raises the international competitiveness of domestic businesses is necessary to promote exports.
More non-oil exports will increase Nigeria's foreign exchange earnings, our foreign exchange reserves, and the Naira's stability. All of them will help the GDP increase, he predicted.
He added that through establishing consistent and coherent economic policies, his government would combat insecurity and regain investor trust.
"We will rebuild investor faith in our economy so that they are willing to take risks and put money into it, particularly in the non-oil sector. We can accomplish this by improving the consistency and coherence of our economic policies (policy flip-flops sends investors away).
"And through overcoming insecurity. Investment is a cowardly animal that despises uncertainty and strife, the speaker continued.
Atiku has shown that he is the most qualified candidate to hold the nation's top office since he has strategies to deal with her difficulties, according to Eta Uso, Special Assistant for Digital Media Operations to the former Vice President.
"It is blatantly obvious that H.E. Atiku is the only individual with a strategy. Nigeria has failed miserably over the previous seven years as a result of a leader who ran on the platform of his party before later denying it. However, H.E. Atiku is present with his intentions under his name. With Atiku, we can't go wrong! "He stated.
Start a discussion...