Economic diversification very high on our agenda - Buhari | Welcome to Linda Ikeji's Blog

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Thursday 27 August 2015

Economic diversification very high on our agenda - Buhari

Press statement from the presidency
President Muhammadu Buhari said Thursday in Abuja that Nigeria, under his leadership, will work more closely with other countries facing the challenge of falling oil prices to rapidly move away from dependence on crude oil exports for economic survival.
Speaking at an audience with the new Ambassador of Saudi Arabia to Nigeria, Mr. Fahad Abdullah Sefyan, President Buhari affirmed his administration's commitment to faster development of Nigeria's non-oil sectors and the speedy diversification of the country's economy.

‘‘For more than 30 years, Nigeria has depended on oil as its major source of revenue at the expense of agriculture and the non-oil sector which could be the mainstay of our economy.
"As oil exporting countries facing similar challenges due to the down turn in the international price of crude oil, we should be working closer together.

"Saudi Arabia has done excellently in manufacturing, building of infrastructure and exploration of solid minerals and I believe that greater bilateral cooperation between us in this regard will be mutually beneficial," the President told the new Ambassador of Saudi Arabia.

President Buhari said that in keeping with his commitment to the accelerated development of Nigeria's non-oil sector, the Federal Government will ensure that all pending agreements on trade and economic relations with other countries are speedily concluded and signed.

President Buhari, who also received the new Ambassador of Turkey, Mr. Hakan Cakil and the new Ambassador of Sudan, Mr. Ibrahim Bushra Mohammed, commended Saudi Arabia, Turkey and Sudan for their cooperation with Nigeria in the war against terrorism.

The President restated his conviction that the war against terrorism in Nigeria and other countries can only be won with greater and more effective international collaboration.

All the new ambassadors assured President Buhari that they will work very hard to boost trade and economic relations between Nigeria and their respective countries.

Femi Adesina
Special Adviser to the President
(Media & Publicity)
August 27, 2015

26 comments:

@MEETD®EALEVANS™ said...

Mr. President I be ur loyal boy






HUMBLE EVE said...

Cool to hear

Unknown said...

Okay.

Unknown said...

Its been all talk and no work. You really do not need a soothsayer anymore# welcome to change nigerians

Unknown said...

Mr will smith....when will u stop using this word "will" and start work.

knowurway.com said...

Ok good....This msg is for the fmer post the accident between Dangote and God is good motors yesterday, Dangote driver was @ the wrong lane, becos he was the one going to Lagos he was not suppose to be @ the left lane as the road was demarcated. He was suppose to be @ the right lane. And this whole thin must stop! How long Dangote trailer will continue to kill innocent citizens just like that? This Dangote trailer has been causing problems to innocent Nigerians for many years now, no government has ever Sanction Dangote noting noting! This is bad this is evil!!!!!!!!!!!!!!!!! Stop killing our people Dangote!!!!!!!!!!!!!! It was Dangote trailer that killed my friend michael, along Kalaba road 2005. God must ask u Dangote.

Unknown said...

a.k.a EDWIN CHINEDU AZUBUKO said..
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Baba....
.
.
***CURRENTLY IN JUPITER***

NaijaDeltaBabe said...

Okay

KINGING said...

Oh Please! Look at his face, as if he knows the meaning of diversification, empty skull aboki man. I guess ur definition of diversification is the recent rise on the number of cows on Abuja roads. Animal

Unknown said...

Nice one.











#TeamBlessed#

Unknown said...

Nice one.











#TeamBlessed#

Anonymous said...

I like what's happening, they voted for him abi? They should suffer it. Useless nigerians

Anonymous said...

In the near term, oil may go down to $30/ barrel but on long run it may go as far down as $15/ barrel. Hard time is coming 4 oil exporting countries.

SIMPLYCOCK said...

The solution to Nigeria's problems, from A to Z, is to be found not in economic diversification but in the entrenchment of TRUE (FISCAL) FEDERALISM!

Let every state in the federation be truly independent and mature on its own term and pace in the spirit of true federalism and control its resources!!!

Period!!!

Anonymous said...

That's one of "Dangote" yearly sacrifices.

Unknown said...

I believe in your policies...you will always be my Buuuuuu!

visit www.tmtmagazine.com

Unknown said...

Kingfool! That's too much to say publicly or even in your closets. Don't misuse your Social media freedom. All thanks to civilisation, (China gadget with cheap data). Anyway, I forgive your insanity!

Go back to school ok?!

abujakenneth said...

But the highest is probes

Unknown said...

Buhari u talk 2 much and make empty promises get 2 work that's what nigerians need,4years is around d corner.chanj chanj!!

Blog It With Olivia said...

Hahahaha@Wilheminna Moses, (Mr Will Smith noni).....

we still waiting Mr President











#it WiLL OnLy Get BettER
#it MuST eNd IN PrAiSE

Anonymous said...

Bros please say another thing. Can you give what you don't have. Talking diversification like you know the meaning. You have collected three months allowee and salary and you still get mind to tell us you want to cut salaries of political salary holders. Abi you still dey campaign. Brain washing Nigerians. Who has gone to jail for corruption. Abi still looking for the corrupt Nigerians. If you are looking for account to use and loot abeg i fit send you my own. mtcheew.

Unknown said...

Nice one and I pray it come to pass.
All d best!

Unknown said...

King or slave whatever ur name is called. Ur jona failed Nigeria so let him fail too and he is better than ur father so stop critisizing mumu omo ibo.

Unknown said...

It would really go a long way. High time we consider other avenues of generating funds. Linda take note!

Unknown said...

It would really go a long way. High time we consider other avenues of generating funds. Linda take note!

Anonymous said...

Reading all ds comments and having a good laugh! Well it's all talk buhari stil has no clue on how to make nigeria a better place! Stil very confused! Stil in limbo!

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