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FG Bans Purchase of Vehicles to Save Nigeria’s Economy

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Following the approval of the N2.3 trillion Nigeria Economic Sustainability Plan by the Federal Executive Council, the Federal Government has stopped ‘non-critical and administrative capital spending’, including the purchase of vehicles.

The Special Adviser to the President on Media and Publicity, Femi Adesina, disclosed this in a document tagged, “What you need to know about the Nigeria Economic Sustainability Plan” made available to journalists in Abuja on Thursday.

The plan was developed by the Economic Sustainability Committee chaired by Vice-President Yemi Osinbajo and established by the President, Major General Muhammadu Buhari (retd.), earlier in March.

It was designed to support the nation’s economy in the face of the disruptions and challenges of the COVID-19 pandemic.

Adesina listed eight key interventions as stated in the plan to include mass agricultural programme, infrastructure, informal sector support, business support for MSMEs, technology, expansion of National Social Investment Programmes, cut non-essential spending and support for state governments.

As part of ways to cut non-essential spending, Adesina said only ambulances, fire-fighting vehicles and other essentials are exempted from the ban on the purchase of vehicles.

He said, “The President has approved the implementation of the report on the rationalisation of government agencies.
“The NESP will also target a reduction in average production costs of crude oil.

“Also, the Integrated Personnel and Payment Information System will be expanded to cover all Federal Government’s MDAs.

“Non-critical and administrative capital spending will be eliminated, including purchase of vehicles (except for ambulances, fire-fighting vehicles and other essentials).”

He added that the Economic Sustainability Committee would monitor the implementation of the plan while the Vice President will regularly brief the President on progress made.

The Street Journal had earlier reported that President Buhari presided over the National Executive Committee meeting that took place today, June 25.

President Muhammadu Buhari advised members of the governing party, All Progressives Congress (APC), to withdraw all pending litigations against one another, and settle for internal conciliation, warning that the mutating disagreements could lead to self-destruction, with dire consequences.

In his remarks at the emergency meeting of the National Executive Committee of the APC held on a virtual platform, said the gains of the party could be reversed as conflicts overshadow the primary objective of service to the people, urging members to refocus on the larger picture and place more emphasis on uniting the party.

“Fellow party members, this is a very crucial moment in the life of our party and it is with a deep sense of concern that I stand before you today to speak as the President of the Federal Republic of Nigeria who has been elected on the platform of our great party – the All Progressives Congress.
“The issues currently confronting our party at this time are such that should worry every party member. At the moment, our great party is faced with internal wrangling; there are on-going litigations amongst some party members and we cannot clearly ascertain the status of certain National Working Committee (NWC) members.’’

The President expressed worry over the shifting loyalty within the party and inconsistency in leadership, which had opened the governing party to mockery.

“There are also other associated disputes as to the legitimacy or otherwise of holders of certain National Offices of the Party. The Party is also contending with Judicial claims and counter-claims, Orders and Counter-Orders and indeed Judgments and Counter-Judgments that are predominantly at cross-purposes.

“Confronted with these issues, it is obvious that the fortunes of the party are currently in jeopardy, administration of our party is becoming impossible and there is consequently an urgent need for intervention to immediately arrest further drifts and internal wrangling which may lead to total disintegration.

“What we see clearly emerging, is that we are beginning to self-destruct. This, my dear party members, is not just regrettable but utterly gut wrenching.’’

President Buhari proposed that:

“The meeting may adopt the developed resolution as contained in the agenda and pass resolutions including: approving the immediate discontinuation of all pending litigations involving the party and its members; ratifying the primary election conducted in Edo State; dissolving the current National Working Committee, and appointing caretaker/Extra-ordinary Convention Planning committee for the party.’’

The President also reiterated the need to discontinue all litigations involving members of the party, which were connected to issues of the party, adding: “The directive had been issued before, unfortunately some members failed to heed the directive. Thus, at this time, it must be made a Resolution of the Party which must be effectively enforced with dire consequences for members who choose to ignore the directive.’’

The President said in order to return to the “winning ways’’, the APC must maintain cohesion by closing its ranks.

“We must be alive to the time and the task that is before us. As we all know, we are immediately confronted with the upcoming gubernatorial elections in Edo and Ondo States. Therefore, this is the time to get our acts together.’’

The emergency NEC meeting adopted all the recommendations by President Buhari, and appointed the Governor of Yobe State, Mallam Mai Buni, as Caretaker National Chairman, while Senator John Akpanudoede was designated Caretaker National Secretary.

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