PRP Urges Government to Develop People-Oriented Agric, Manufacturing Policies

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The Peoples Redemption Party, PRP has urged the Nigerian Government to develop and put in place realistic and people-oriented agricultural and manufacturing policies to improve the Nigerian economy.

The National Chairman of the party, Malam Falalu Bello, made the call in a statement made available to newsmen in Abuja on Thursday.

According to him, the National Economic Management team of the government should consider a massive reduction in the cost of governance and reduction in waste to get the country out of its economic crisis.

“We urge this team, as a matter of urgency, to develop and get in place, a realistic and people oriented agricultural and manufacturing policies.

“We need to make agriculture an economically profitable activity as done before the IMF/World Bank visited this nation with their ‘No subsidy to agriculture’ mantra,” he said.

Bello decried the level of inflation, which he said, was “inching up to 40 per cent and rising poverty level was exacerbating”.

“Unemployment and under employment levels are increasing because of low capacity utilisation and factory closures.

“Their is also the closure of over 300 companies by the Manufacturers Association of Nigeria (MAN) on account of unreasonable increase in electricity tariff.

“More companies are folding up. We urge the government to do something to address this situation,” he said.

 

NAN

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