Nigerian Economy: We are Learning the Hard Way – Buhari

Nigerian Economy: We are Learning the Hard Way – Buhari

President Muhammadu Buhari on Monday stated that lessons on developing the Nigerian economy were being learnt the hard way.

Punch reports that the president made this statement at the presidential villa while receiving Mohammad Javad Zarif, a Special Envoy from the President of Islamic Republic of Iran

A statement signed by the president’s special adviser on media and publicity, Mr Femi Adesina, said the president noted that Nigeria had all the potentials for growing into a great economy through more inclusive planning, consistent government policies and commitment to the realisation of development targets.

He said, “In Nigeria, we are learning. We are learning the hard way through hardship, and we are learning very quickly on how to explore other sectors of the economy like gas, solid minerals and agriculture for growth.

“We are grateful for your support and cooperation in opening up the Nigerian economy for diversification.”

President Buhari stated that Iran remained a source of inspiration on how to deploy technology to harness and export gas as well as diversify the economy.

He added, “You have also achieved a lot in nuclear research. I must also congratulate you for successfully negotiating with America and the European countries on the development of your nuclear energy.”

Meanwhile, the federal government has promised to do more than grow the Nigerian economy but to also boost food production.

According to Vanguard, minister for agriculture, Audu Ogbeh stated that the government will put an end to food shortage in two years.

Ogbeh said the government has set in place mechanisms to actualise this target, and also commended the Anambra state government for its efforts towards food production and security for the state.

The minister expressed optimism that soon there would be more access to food by Nigerians, he therefore urged more young people to get engaged in the agricultural sector.

He equally promised to support the Governor by executing federal government agricultural programmes and policies in the state. In this light, he mentioned that the ministry would assist in fish production already going on in the state; particularly in fingerlings.