ABUJA – The Federal Government has said its currently working on a new policy on population to determine how many children a woman will be allowed to have.

This new policy initiative if operational, will help government check Nigeria’s ballooning population.

Minister of Finance, Mrs. Zainab Ahmed made this disclosure on Tuesday during a plenary session on “Sustainable Economic Opportunities: Ending the Vicious Cycle at the 2018 Nigerian Economic Summit.

She said government was presently consulting with both religious and traditional leaders across the country on the issue after which a policy will be formulated on the matter.

Zainab Ahmed expressed regret at the controversy generated over the  imposition of fine on telecommunications company, MTN on repatriation of profits.

Zainab Ahmed who described the incident as “ very damaging for us” blamed the telecommunications company for the episode because of its refusal to provide required information to settle the dispute.

She noted that “MTN failed to cooperate with CBN auditors who were mandated to resolve the matter.”

Giving the fears generated by the fine among investors, Zainab maintained that “there has not been any occasion in recent times when investors had difficulty in repatriating their capital.”

With regards to other economic parameters, the finance minister admitted that government has not doing enough in the areas of job creation and social investment programmes but pleaded that government officials needed the input of private sector operators on how to develop the economy.

According to the finance minister, “we must find out ways to engage our youths to be active, ensure that transportation is effective, available and reasonably priced”. She said there was need to support the informal sector of the economy so as to absorb the current 40 percent unemployment figure.


The Nation

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