#IndependenceDay: Shady oil deals, non-implementation of public contracts now things of the past –Buhari

President Muhammadu Buhari says his administration has put an end to the age-long practice of shady oil deals and non-implementation of public contracts in the country.

President Buhari, who made the disclosure on Monday during a national broadcast to mark the 58th independence anniversary of the nation, said the country under his leadership was making progress in the fight against corruption and recovery of stolen public funds and assets.

“The shameful past practice of the brazen theft of billions of Naira is no more. Shady oil deals and public contracts that were never delivered have become things of the past,” the President said.

Buhari added that the administration was able to achieve that despite “vicious and stiff resistance,” noting that with limited resources, his government was able to achieve more in the area of infrastructural developments.

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According to him, “Roads, railways, major bridges, schools, energy and power, air and sea ports, welfare of serving and retired personnel both civilian and military including payment of legacy debt such as pension arrears, have been attended to.”

Buhari, who also said an enabling environment was created for local and foreign investment in the country, added that the nation was already diversifying away from the reliance on oil to increased manufacturing capacity, solid minerals development, and agriculture.

“We are building a rules-based system – a level playing field that is free from fixers and intermediaries. This is the cornerstone to help genuine investors and honest consumers, and the platform that will allow for the real reforms that we intend to deliver over the coming years,” he said.

President Buhari stressed that the Federal Government was gradually strengthening the economy with a stable Naira and falling inflation rate. He also pointed out that the nation has witnessed massive return to farms and seen bumper harvest, despite recurrent floods across the country.

 

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