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Nairametrics
Home Business News

Reasons I prefer women to manage economy – Buhari 

Abiola Odutola by Abiola Odutola
September 13, 2019
in Business News, Politics, Spotlight
Reasons I prefer women to manage economy - Buhari 
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President Muhammadu Buhari has disclosed that he assigned women in strategic positions of his government, such as the financial sector, to ensure effective management of limited resources available and promote a stronger sense of inclusiveness. 

The President said this when he received a delegation of National, Zonal, State and FCT Women leaders of the All Progressives Congress-led by the party’s Women Leader, Salamatu Baiwa, on Thursday at the State House in Abuja. 

He noted that he preferred women to oversee the economic and financial hub of the country, Ministry of Finance, as they can readily deploy their experience in aligning resources with the needs of the country. 

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(READ MORE: Corruption still responsible for Nigerians’ sufferings – Buhari)

President Buhari believes the nation also has many female technocrats with local and international experiences on economy and finance. 

“I am happy that I can defend myself very effectively on this issue. The APC party leader is my witness. Since the coming into power of this administration I have handed over the treasury to women,” he was quoted as saying in a statement issued by his media adviser, Femi Adesina. 

He stated, “Even at the household level, you hand over the money to women to manage. It can be taken to the level of managing the country’s treasury as well. 

“I have consistently given it to women. It is strategic. I am conscious of the leadership roles of women in society and by my action, I have justified my belief.” 

The President reiterated that his administration would ensure inclusiveness for women and youths, especially in the second term by providing more access to facilities that would enable the spread of Small and Medium Scale Enterprises, and encourage more interest in agriculture. 

He said the traditional and subsistence style of farming should be replaced with commercialised and business-oriented techniques. 

“We have to move away from the traditional ways of farming that were practised in the pre-colonial and colonial era,” President Buhari added. 

[READ ALSO: UPDATED: President Buhari orders immediate evacuation of Nigerians from South Africa]

He said he had instructed the Ministers to work with traditional institutions to encourage interest in farming, with the Central Bank of Nigeria (CBN) readily providing loans at low-interest rates and longer periods of repayment. 

The President stated, “On unemployment, I know there is no able-bodied person that went back to the farm in the last three years that regretted the action.” 

In her remarks, the APC Women Leader congratulated the President for his victory at the polls and the Tribunal. 

She also commended the administration for its efforts in managing the affairs of the country which she said provided the impetus for the vigorous campaigns. 

Baiwa said women were particularly pleased and willing to vote for the President because the government deliberately formulated some policies to favour and empower women, like the social intervention Trader Moni. 

She added that the APC had many resourceful and loyal women that would contribute to the success of the administration while commending the President for giving women strategic positions in the government. 

“Our prayer is that God will give you the tenacity to overcome all obstacles.”

[READ FURTHER: Slow down in Agric GDP Growth rate suggests Buhari’s Agro-policy is failing]


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Tags: All Progressives Congress womenCentral Bank of NigeriaFemi AdesinaPresident Muhammadu BuhariSalamatu BaiwaTrader Moni'
Abiola Odutola

Abiola Odutola

For further inquiries about this article, contact: Email: abiola.odutola@nairametrics.com Twitter: @AbiolaOdutola @nairametrics

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