President Muhammadu Buhari, on Monday, said that the Federal Government is responding to the challenges and opportunities of the moment by articulating forward-looking policies and strategies to achieve national goals.

The Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Laolu Akande, communicated this in a statement in Abuja.

The statement said Buhari, represented by Vice President Yemi Osinbajo, gave a virtual address at the opening of the 27th Nigerian Economic Summit.

The theme of the summit is, “Securing our Future: The Fierce Urgency of Now.’’

Buhari said in order to tackle existing problems and at the same time benefit from domestic and global trends, stakeholders both in public and private sectors must take timely actions and immediate steps.

The president emphasised the imperative of the theme of the summit, saying the theme is compelling as it stresses the importance of taking timely action to tackle existing problems while at the same time, taking immediate steps to cope with or benefit from domestic and global trends.

According to him, growth figures are meaningless if they do not translate into good-paying jobs and improved standard of living for our people.

“The question, of course, I insist, that must be answered regarding all our policies, is what do they mean for the creation of wealth and human capacity development?

“The new plan incorporates aspects of the National Poverty Reduction with Growth Strategy, which was articulated as a guide towards achieving our poverty reduction target.

“The starting point for the implementation of the Strategy is the realisation that increased employment is an indispensable tool for reducing poverty.

“The Federal Government is responding to the challenges and opportunities of the moment by articulating forward-looking policies and strategies and implementing a coherent, clear and consistent set of actions in order to achieve our desired objectives,’’ he stated.

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