President Muhammadu Buhari has warned that severe consequences await any of the nation revenue-generating agencies that failed to achieve fixed revenue targets.
The President gave the warning in his Independence Day address to mark Nigeria’s 59th Independence Anniversary in Abuja today.
He further warned that the revenue-generating and reporting agencies would come under much greater scrutiny as to achieve the desired goals.
Buhari explained that he recently constituted an Economic Advisory Council to advise him on inclusive and sustainable macroeconomic, fiscal and monetary policies.
The President noted that the Council would work with relevant Cabinet members and the heads of key monetary, fiscal and trade agencies to ensure we remain on track as we strive for collective prosperity.
Buhari assured that the government ongoing five hundred thousand billion naira Special Intervention Programme, SIP would continue to target these vulnerable groups.
