Peter Obi, the presidential candidate of the Labour Party has vowed to reduce the cost of governance if elected later this month.

The election comes up on February 23.

He made the disclosure on his Twitter page on Monday during his address to the Nigerian Economic Summit Group.

He tweeted, “We will work with the CBN to reduce the ‘ways and means’ to what is allowable under the law and for a more transparent and liberalized foreign exchange market,”

While promising a robust program implementation which will be utilised and supervised by the office of the President, he said will also engage Nigeria’s creditors for debt restructuring and possible cancellation.

“We will strive towards a zero-based national budget to overcome the mindset and reality of past non-performing national budgets routinely hampered by budgetary deficit overhangs,” he said.

“In addition to the above, all security agencies, EFCC and ICPC will be strengthened to support our determination to fight and significantly reduce corruption,” he said.