October 11, 2016

Economic growth depends on patronage of Nigeria-made goods — Buhari

President Muhammadu Buhari has said his greatest desire is to guide Nigeria to become an export-led economy. According to him, there is no way to achieve this without building the right economic foundation of patronising made-in-Nigeria goods and services.

The President, who made the remarks at the 22nd Nigerian Economic Summit in Abuja on Monday, urged Nigerians to develop interest in made-in-Nigeria products.

He said, "My greatest desire is that Nigeria moves from import dependence to self-sufficiency in local production and become an export-led economy in goods and services."

Mr President said Nigeria needed to diversify its economy so that “we will never again have to rely on one commodity to survive as a country; as we will be able to produce the food we eat, make our own textiles, produce most of the things we use and create the right environment for our young people to be able to benefit and create jobs through technology.”

Buhari lauded the theme of the summit, which is ‘Made-in-Nigeria’, saying the idea had continued to be a priority to the government and was part of the many efforts being made by the administration to lay a firm foundation for the future.

On his part, the Minister of Budget and National Planning, Udoma Udo Udoma, said, “Already, our focus on agriculture is beginning to yield fruit as indications are that the agriculture sector will show quite strong growth in the third quarter."

4 comments:

Harbolarkale Niyi said...

PMB is right, but FG need to do more to help SMEs sustain this economic recession

Kay Heavy said...

Ride on PMB

Anonymous said...

Abeg make economy improve

inumidun said...

Nice..