President-elect Muhammadu Buhari on Tuesday said he would end fuel subsidies and the oil and gas sector would be reformed as a matter of priority in order to attract new investments.
Unveiling his economic policies at a Lagos Business School breakfast meeting, he added that he would run a very lean government, which would involve rationalizing overlapping and redundant ministries, departments and agencies (MDAs) in line with the Steve Oronsaye presidential committee report.
Buhari acknowledged that the country’s infrastructure gap required huge capital outlay, which the government does not have, but promised to develop a master plan for infrastructure development.
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