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At the ministerial screening today, nominee from Ogun State, Mrs. Kemi Adeosun, addressed questions on finance, trade, investment and the economy as a whole.
Her words:
“We need to ‘chase out cash.’ Every where that people transact in cash, there are leakages.”
” We need to seek out other forms of cash transfer that phases out physical cash”
“Banks are not in business to sit on government money […] it’s bad economics.”
“The major challenge of foreign investment is infrastructure”
We need to establish public-private-partnerships to develop Nigeria’s infrastructure.
Our interest rates are far too high. It’s very difficult to make a profit with these interest rates.
“Unemployment Solutions, jobs and entrepreneurship, which is something I intend to capitalism on while crashing interest rates”
We all need to eat, drink, focus on ‘Made in Nigeria.’
“Unemployment Solutions, jobs and entrepreneurship, which is something I intend to capitalize on while crashing interest rates”