The Minister of Finance, Mrs Kemi Adeosun says solving the power sector challenges in Nigeria is a top priority of the government to help improve the economy. She said this in Abuja, when the executive directors of the World Bank Group paid her a courtesy visit.
According to Adeosun, the government views the economic stability of Nigeria as very important, the reason why measures have been taken to ensure the nation exited recession. “One thing that we think is a game changer in terms of the economy regarding industrial growth and improving the standard of living and quality of life is solving the power problem.
“It is a great priority to us and we welcome you to some of the power initiatives that we are driving in the power sector. There are two things involved, one is to accelerate that growth and then to make the growth count and make people feel it. That is where lifting people out of poverty and creating employment are very critical and crucial to us.”
She said the growth was hinged on improving expenditure on infrastructure.
According to her, there is a focus on the area of ease of doing business to get the private sector energised and give them the support they needed.
She said the other big change the government was trying to drive was improving the size, efficiency and effectiveness of the government.
