Government To Focus On Capital Expenditure To Grow The Economy: Minister Of Finance

This Government is focused on Capital Expenditure, long time Assets and solve some fundamental under investment in Local Infrastructure that would grow the economy, this was said by the Minister on Finance, Kemi Adeosun in a interactive session with the journalists in Abuja on Friday.

This focus she said is because the country has all the ingredients such as favorable climate, work force and vast agricultural land space. The Minister also said the country's reliance on oil in the past had blinded it to industrial and infrastructure growth.

"We need to develop our local economy. Wake up economic patriotism, so as to favor local producers."

" Look for alternatives to importation " She also said that the Federal Government would release additional N60bn within the next few days for the execution of capital projects captured in the 2016 budget.

Adeosun asked that Nigerians be patient, knowing that the country is going through some difficult times but with the process on ground would see better results in the future.