Why I have not constituted boards of parastatals – Buhari

President Muhammadu Buhari on Tuesday gave reasons why the
boards of several parastatals have not been constituted.

The non-constitution of the boards of parastatals of various
agencies has affected the smooth operations of such agencies.

On Tuesday, while addressing the National Executive Council
meeting of the ruling All Progressives Congress in Abuja, Mr.
Buhari spoke on the non-constitution of the boards.

“Last year I said we would re-constitute the Boards of
Parastatals. I must regret the fact that we have not done so, for
many reasons,” he said.

“Some of us in this meeting may know I had given instructions
since October 2015 for this exercise to start. But there have been
inordinate delays through several Committees in an attempt to get
the balance right and to make sure all parts of the country are
equitably represented.”

Apart from the delays caused by getting the “balance right”
mentioned by the president, he also gave an indication that the
economic recession in Nigeria influenced his decision not to
constitute the boards; saying the economy now being out of
recession meant “we will have the resources to cater for the
appointees.”

“On the other hand I am keenly aware that our supporters are
very eager for these appointments to be announced,” the president
said.

“By the Grace of God these appointments will be announced soon.
Especially now that the economy is improving, we will have the
resources to cater for the appointees.”

At the APC NEC meeting at the party’s headquarters in Abuja, the
president also spoke on the “achievements” of his government.

“We can be proud of our achievements in the last two years, Boko
Haram, Niger Delta, Regular Fuel, Improved Power, TSA, Agriculture
and Fertilizer, above all, the knowledge that corruption will not
be tolerated in this Government. We all know there is CHANGE,” he
said.

“Nigeria’s prestige has gone up, Nigeria is now credit –worthy,
a clear testimony of which was the over-subscription of the
Euro-Bond by 4 times.

“Nevertheless, we are not resting on our achievements. I am
quite aware of the challenges before us,” Mr. Buhari said.

President Muhammadu Buhari on Tuesday gave reasons why the
boards of several parastatals have not been constituted.

The non-constitution of the boards of parastatals of various
agencies has affected the smooth operations of such agencies.

On Tuesday, while addressing the National Executive Council
meeting of the ruling All Progressives Congress in Abuja, Mr.
Buhari spoke on the non-constitution of the boards.

“Last year I said we would re-constitute the Boards of
Parastatals. I must regret the fact that we have not done so, for
many reasons,” he said.

“Some of us in this meeting may know I had given instructions
since October 2015 for this exercise to start. But there have been
inordinate delays through several Committees in an attempt to get
the balance right and to make sure all parts of the country are
equitably represented.”

Apart from the delays caused by getting the “balance right”
mentioned by the president, he also gave an indication that the
economic recession in Nigeria influenced his decision not to
constitute the boards; saying the economy now being out of
recession meant “we will have the resources to cater for the
appointees.”

“On the other hand I am keenly aware that our supporters are
very eager for these appointments to be announced,” the president
said.

“By the Grace of God these appointments will be announced soon.
Especially now that the economy is improving, we will have the
resources to cater for the appointees.”

At the APC NEC meeting at the party’s headquarters in Abuja, the
president also spoke on the “achievements” of his government.

“We can be proud of our achievements in the last two years, Boko
Haram, Niger Delta, Regular Fuel, Improved Power, TSA, Agriculture
and Fertilizer, above all, the knowledge that corruption will not
be tolerated in this Government. We all know there is CHANGE,” he
said.

“Nigeria’s prestige has gone up, Nigeria is now credit –worthy,
a clear testimony of which was the over-subscription of the
Euro-Bond by 4 times.

“Nevertheless, we are not resting on our achievements. I am
quite aware of the challenges before us,” Mr. Buhari said.