January 6, 2012

Subsidy removal: UN commends Jonathan, as EU passes vote of confidence

Subsidy removal: UN commends Jonathan, as EU passes vote of confidence

Special Adviser to the UNs’ Sec Gen. Prof. Jeffrey Sachs and President Jonathan

By Daniel Idonor

ABUJA- United Nations, UN has commended President Jonathan for withdrawing the subsidy on petroleum products, describing it as “a bold and correct policy”.

Speaking during a visit to President Jonathan at the State House, Abuja, the Special Adviser to the United Nations’ Secretary General, Prof. Jeffrey Sachs, said the funds from the removal of subsidy would go a long way to rapid infrastructural development and the health sector.

Sachs also commended Nigeria’s president for his conditional grants to local governments for the implementation of the Millennium Development Goals, describing it as “one of the most innovative schemes of using national resources for local government development”.

Special Adviser to the UNs' Sec Gen. Prof. Jeffrey Sachs and President Jonathan

Similarly, European Union, EU has said that it has confidence in Nigeria’s economic and political system.

The Minister of Foreign Affairs, Republic of Finland, Dr. Erkki Tuomoija, disclosed this while speaking to President Goodluck Jonathan during an audience at State House, Abuja. a

He stated that his country and most of Europe have confidence in Nigeria’s economy and political system.

“Your economy is doing very well, and many countries in Europe envy your growth figures”, he said, adding that “we have confidence in your democracy, and in your ability to deal with the terrorism and other challenges confronting you”.

Tuomoija described Nigeria as “a very important partner” and underlined the many similarities and views shared by the two countries on global issues in the United Nations and other multilateral for a, and assured President Jonathan of Finland’s continued cooperation.

Responding, President Jonathan said Nigeria was facing challenges, especially in the area of terrorism, and requested for technical assistance to check the menace.