The Director-General of the Manufacturers Association of Nigeria, Segun Ajayi-Kadir, has recognised the effectiveness of the Accelerated Stabilisation and Advancement Plan of the Federal Government, stating that it represents the outcome of collaborative efforts between the government and key private sector stakeholders.
In a statement issued by MAN, Ajayi-Kadir commended President Bola Tinubu for tasking his economic management team to come out with the plan and the inauguration of the Presidential Economic Coordinating Council to superintend its implementation.
He however admonished that a plan in itself does not deliver. It requires diligent, unrelenting, and focused implementation to achieve the desired objectives.
Ajayi-Kadir said, “The relevant structure of government needs to be activated and charged to put speed to action, with consequences for non-delivery within set timelines. With the downturn in the economy, the stabilisation plan is timely, and effective implementation will be a good starting point to restore confidence in governance and the economy.”
He added that It will also engender trust in the government’s capacity to attract new investors and retain the existing ones, both local and international.
