Full text of President Buhari’s speech at Thursday’s Economic Retreat
I am delighted to be here with you at this Ministerial Retreat on the Economy and the Budget. The theme of the Retreat which is “Building Inter-ministerial Synergy for Effective Planning and Budgeting in Nigeria” is very apt and timely, especially as we are in the process of developing the 2017 Budget.
Over the years, there has been a mismatch between planned targets and budgetary outcomes at the National and sectorial levels. The Federal MDAs have not also benefited significantly from working together and building consensus around common national objectives. This has impeded growth and development of the country.
It is in this context that this Retreat has been designed to discuss issues around the State of the Economy and build consensus amongst Cabinet Members and top Government officials. The Retreat will also serve as an opportunity to have a general overview of the economy and discuss the framework for the 2017 Budget, its key priorities and deliverables.