VP opens House of Representative summit on economic recovery

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Nigerian Vice President Prof Yemi Osinbajo will be opening House of Representative summit on economic recovery.

The Vice president will as well be speaking on Nigeria’s exit from recession and how to stay on growth path.

This was revealed in a statement by Laolu Akande, the Special Assistant on Media and Publicity to the Vice president.

The Vice president noted that corruption is one of the reasons why Nigeria went into recession.

Akande said

Unbridled corruption and waste are critical among reasons why Nigeria went into recession. Corruption is the most outrageous factor. 

“Also there is the problems of intractable budgetary delays and long procurement process which means money won’t flow into the economy.

“VP praised National Assembly, noting the Presidential Enabling Biz Council-PEBEC is a collaborative effort with legislature and private sector”

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