Wednesday, 14 October 2015

Ministerialscreening: Senate screens Kemi Adeosun

The senate has screened Kemi Adeosun, a former Commissioner for Finance in Ogun state. During her presentation, Kemi said Nigeria needs to pursue a cashless economy. According to her, "We need to 'chase out cash.' Every where that people transact in cash, there are leakages.".

She called for government to invest primarily in infrastructure so as to create more jobs and wealth in the country. According to Adeosun, Treasury Single Accounts TSA's help in reducing borrowing.

She said unemployment can be reduced by creating jobs and also focusing on entrepreneurship. Adeosun said government needs to look at other ways of sourcing for funds in order to reduce interest rates. She said She advocated for a zero based budgeting. She called for a review of the waivers and concession of granted to businessmen.

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