Key Economic Policies of New Government As Announced Today
– Fuel Subsidy is gone.
– Commodity Boards to be reintroduced
– Mandates CBN to achieve a Unified Exchange Rate immediately
– There will be house cleaning at CBN
– Interest rates too high and anti-business
– Focus on Infrastructure Development to create jobs
– Electricity Generation, Transmission and Distribution to be doubled with State Governments encouraged to participate
– All anti-investment and multiple taxation policies to be reviewed
– Repatriation of Investment and Profits to be facilitated immediately
BAT has hit the road RUNNING.