President Muhammadu Buhari yesterday challenged private sector operators to take the lead in the battle to revive the economy saying they hold the key to its quick recovery.
The president, who spoke at the 44th Annual General Meeting (AGM) of the Manufacturers Association of Nigeria (MAN) in Abuja, enjoined the private sector to work with the Federal Government towards taking the country out of recession.
Noting that the government will rely heavily on the input of the private sector in its economic policy, he extolled the contributions of Aliko Dangote and other manufacturers. He said the private sector is indispensable in the development of the economy.
According to a statement, President of the Dangote Group, Aliko Dangote advised the Federal Government to expand the tax net rather than increasing tax rate as currently being advised.