She added that the government had been able to save N8 billion from the monthly pay roll of public servants due to various strategies introduced to block loopholes.
She said, “Change can be extremely painful, but we must change.’’
She further added that to come out of the present economic challenges, there was the need for financial discipline as well as investing in capital to attract private capital investors.
Adeosun said the FG had no choice than to borrow to invest in the country’s infrastructure, explaining that this was the only way to create jobs.
“We must borrow, not like in the past when loans were taken to pay salaries; we will this time, borrow to invest and build our infrastructures.’’
The meeting, which was attended by the Ministers of Agriculture and Rural Development, Power, Works and Housing, Finance, Information and Culture, Budget and National Planning and Foreign Affairs, was the sixth in the series of town hall meetings.
The ministers took time to brief the audience on what the Federal Government was doing in their various ministries to address the country`s challenges and improve the economy.
Also, traditional rulers, members of the Diplomatic Corps and Civil Society Organisations, among others, attended the meeting.