economic growth will be reflected in higher growth rates and the creation of
job.
Both the lowering of interest rates and the reduction of debt is going to
decrease the financial expenses of the GDP debt in
2019
For the first time in Nigeria, a Government will promote transparency in
financial markets and investor protection, with reforms
as the Financial Law, the
modification of the Public Offer regulations.
The Government will also promote greater transparency and
professionalization of Savings Banks.
In 2019, the policy of defending competition is going to go from being a
marginal instrument to be the central axis of the Economic Policy of the
Government.
We are going to open and liberalize markets that were traditionally
controlled by public monopolists, exceeding the demands
Community in the opening of the markets for gas, electricity or
telecommunications
We are going to substantially increase the financial and human resources of the
Court and the Competition Defense Service, streamline its
action and reinforce the procedure of control of concentrations
of companies.
This policy is going to bring important price reductions, with the
corresponding benefit to the consumer:
In the telecommunications sector it will produce
price reductions, both for fixed telephony (24.3% in
2019-2022) as of the mobile (62% in 2019-2022).
In the energy sector, electricity prices will be reduced in
more than 30% compared to the past years.
In 2019, the public sector modernization program will be approved
State enterprise. As of then, we are going to privatize 48 companies and
we will get an income of billion of naira.
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