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Nigerian president seeks joint efforts in tackling global financial crisis
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11:38, October 12, 2008

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Nigerian President Umaru Musa Yar' Adua on Friday in Abuja advocated for closer government-private sector collaboration in tackling the global financial crisis, according to the Business Day report Saturday.

The president stated this during a courtesy call on him by a delegation of the board of the Nigerian Economic Summit Group (NESG), at the Presidential Villa, Abuja.

He said though the country is not presently threatened by the global financial crisis, it was nonetheless time for both the government and the private sector to design strategies at forestalling the looming financial dangers.

According to him, there is no better time than now for the government and private sector drivers to collaborate. He noted that as equal partners in the national economy, it was important that both parties rise to the challenge and chart a path to growth.

While commending the critical role of the NESG in national economic development, the president assured of government's readiness to continue to adopt proactive strategies that would help fast track the realization of the administration's Vision 2020.

He expressed confidence that the forthcoming 14th Nigerian Economic Summit "will come up with policy directions and programs that will critically address major challenges facing Nigeria".

Source: Xinhua



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