Nigeria's Presidential Candidate Proposes $10bn Economic Stimulus Fund For MSME’s

Presidential candidate of the people's democratic party, Atiku Abubakar, says he would resuscitate Nigeria's ailing economy by launching A $10 billion economic stimulus fund within his first 100 days in office if he wins the 2023 presidential election. <br />Atiku says the fund would prioritise support to micro, small and medium-scale enterprises that offer the greatest opportunity for inclusive economic growth. <br />Atiku says he would rather privatize Nigeria's dilapidated refineries rather than spend $1.55 billion on their revitalization. <br />He added that he would stop all financial support to ailing public enterprises and over the medium term will propose legislation for the removal of the entire electricity value chain from the exclusive list and give states the power to generate, transmit and distribute electricity for themselves.